Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Is Brinker International Stock a Buy?

TheMotleyFool

0 0

Casual dining restaurant operator Brinker International (NYSE: EAT) took the COVID-19 shutdown orders on the chin. The company canceled its full-year guidance projections, drew down all of its available revolving debt to stabilize the balance sheet, and buckled up for a wild ride. The stock fell as much as 82% year to date in March before recovering to a 36% drop in mid-June. By comparison, the S&P 500 market barometer is trading just 6% lower in 2020.

Is the company behind the well-known restaurant chains Chili's and Maggiano's Little Italy a good buy at these historically low prices? Let's have a look.

Image source: Getty Images.

Source Fool.com

Like: 0

EAT

Share