Brinker International

Brinker International, Inc.
Public
Traded as NYSE: EAT
S&P 400 Component
Industry Restaurant
Predecessor Chili's Grill & Bar
(1975-76)
Chili's, Inc.
(1976-91)
Founded 1991 (1991)
Founder Larry Lavine
(Chili's Grill & Bar)
Norman E. Brinker
(Brinker International, Inc.)
Headquarters 6820 LBJ Freeway
Dallas, Texas, U.S. 75240
Number of locations
1,629 restaurants (2015)[1]
Area served
Worldwide
Key people
Joe Todora,
Chairman
Wyman T. Roberts,
CEO
Mohamed Abdelnabi,
Director Of Operations Chilis UAE/OMAN
Services Foodservice
Revenue Increase US$ 2.904746 billion
(FY 2015)[1]
Increase US$ 311.202 million
(FY 2015)[1]
Increase US$ 196.694 million
(FY 2015)[1]
Total assets Decrease US$ 1.435873 billion
(FY 2015)[1]
Total equity Decrease -US$ 78.46 million
(FY 2015)[1]
Number of employees
60,322 (2011)
Subsidiaries Chili's
Maggiano's Little Italy
Website brinker.com
Footnotes / references
[2][3]

Brinker International, Inc. (or simply Brinker) is an American multinational hospitality industry company that owns Chili's and Maggiano's Little Italy restaurant chains. Founded in 1975 and based in Dallas, Texas, Brinker currently owns, operates, or franchises 1,629 restaurants under the names Chili's Grill & Bar and Maggiano's Little Italy worldwide.[4][1]

History

Norman Brinker with Mohamed Abdelnabi Director Of Operation Chili's UAE/OMAN
  • 1975: Larry Lavine opens the first Chili's Grill & Bar in Dallas, Texas.[5]
  • 1976: The company is renamed Chili's, Inc..
  • 1983: Norman E. Brinker takes over Chili's, Inc. and takes the company public.[5]
  • 1988: The first Romano's Macaroni Grill opens in Leon Springs, Texas.
  • 1991: Chili's, Inc. is renamed Brinker International, Inc. (Brinker).
  • 1992: Brinker reaches an agreement with Pac-Am Food Concepts to expand the Chili's brand to the Far East.
  • 1995: Brinker establishes a strategic partnership with Lettuce Entertain You Enterprises. In August, the company completed the acquisition of Maggiano's.
  • 2000: Norman Brinker steps down as company chairman.
  • 2005: Brinker announces international expansion plans. Brinker also sells off the Corner Bakery Cafe concept.
  • 2008: In December, Brinker sells a majority stake of Romano's Macaroni Grill to Mac Acquisition LLC, an affiliate of Golden Gate Capital.[3]
  • 2009: Norman Brinker passes away on June 9.
  • 2010: In June, Brinker sells On the Border Mexican Grill & Cantina to OTB Acquisition LLC, also an affiliate of Golden Gate Capital.[3]
  • 2012: In May, the Supreme Court of California issued its much-awaited decision in Brinker Restaurant Corp. v. Superior Court. The Brinker decision gave important guidance to employers regarding meal breaks, rest periods, and class certification.[6]
  • 2013: On February 7, 2013, Brinker announced the election of Wyman Roberts to its board of directors. Roberts currently serves as CEO and President of Brinker International, and President of Chili's Grill & Bar. Roberts' Brinker tenure includes his role as President of Chili's since 2009. Previously, Roberts also served as Brinker's Chief Marketing Officer and President of the Maggiano's Little Italy brand.[4]

Restaurants

Brinker International owns, operates, and franchises the Chili's Grill & Bar and Maggiano's Little Italy restaurant concepts. They also have a minority stake in Mac Acquisition LLC; the owners of Romano's Macaroni Grill as of 2008.[2]

Former restaurants that the company has operated include:

See also

References

  1. 1 2 3 4 5 6 7 "Brinker International, Form 10-K, Annual Report, 2015" (PDF). secdatabase.com. Retrieved June 12, 2016.
  2. 1 2 Brinker International, Inc. (June 29, 2011). "FY 2011 10-K". U.S. Securities and Exchange Commission. Retrieved April 17, 2012.
  3. 1 2 3 Brinker International, Inc. (June 29, 2011). "2011 Annual Report to Shareholders". U.S. Securities and Exchange Commission. Retrieved April 17, 2012.
  4. 1 2 "Brinker International, Form 8-K, Current Report, Filing Date Feb 8, 2013" (PDF). secdatabase.com. Retrieved Feb 13, 2013.
  5. 1 2 "For Investors, Corporate Profile". Brinker International, Inc. 2011. Retrieved April 17, 2012.
  6. "California Supreme Court Issues Employer-Friendly Decision On Employee Breaks and Class Status". The National Law Review. Much Shelist, P.C. 2012-06-03. Retrieved 2012-06-04.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.