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To: Dale Baker who wrote (29439)	2/26/2002 11:54:59 AM
From: Dale Baker	Respond to of 118717

Brinker International Targets 15% Or Greater Earnings Growth DALLAS (Dow Jones) Brinker International Inc. (EAT) expects annual earnings to grow 15% or more as it continues to expand its Chili's Grill & Bar restaurants worldwide. Brinker, which operates more than 1,200 restaurants under nine different names, also affirmed earnings guidance for the third quarter of 39 cents to 41 cents a share, and for fiscal 2002 of $1.61 to $1.63 a share. Thomson Financial/First Call analysts' consensus estimates currently put Brinker's earnings at 40 cents a share in the third quarter, compared with year- ago earnings of 34 cents a share; and fiscal 2002 earnings at $1.63, about 15% above fiscal 2001 earnings of $1.42 a share. In each of the next three fiscal years, Brinker expects revenue to rise 15% to 16% as it looks to open more than 420 company-owned restaurants over that three- year period. Same-store sales are expected to climb 2% in the next three fiscal years. Wall Street expects revenue of $2.94 billion in fiscal 2002 and $3.34 billion in fiscal 2003, compared with $2.47 billion in fiscal 2001. This means analysts expect revenue to rise about 19% in fiscal 2002 and then 14% in fiscal 2003. Eventually, Brinker said it hopes to have more than 1,500 Chili's restaurants open worldwide. Currently, 788 Chili's restaurants are open in 48 states and 22 countries.