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BRINKER INTERNATIONAL REPORTS RECORD REVENUES & A 44.2 PERCENT INCREASE IN NET INCOME FOR THE SECOND FISCAL QUARTER

 BRINKER INTERNATIONAL REPORTS RECORD REVENUES &
 A 44.2 PERCENT INCREASE IN NET INCOME FOR THE SECOND FISCAL QUARTER
 DALLAS, Jan. 23 /PRNewswire/ -- Brinker International, Inc. ("Brinker") (NYSE: EAT) reported record revenues of $122.0 million for the second quarter ended Dec. 31, 1991, an increase of 22.4 percent over the $99.7 million reported for the same quarter of fiscal 1991. Income before income taxes increased to $11.5 million, 45.6 percent above the $7.9 million reported in fiscal 1991. Net income rose 44.2 percent from $5.2 million to $7.5 million, while primary net income per share increased 26.3 percent to $0.24 from $0.19.
 Revenues for the six month period ended Dec. 31, 1991, rose 22.2 percent to $246.1 million over the $201.4 million reported for the same period last year. Income before income taxes increased to $24.3 million, 42.1 percent above the $17.1 million reported in fiscal 1991. Net income increased 40.7 percent to $15.9 million from $11.3 million while primary net income per share increased 24.4 percent from $0.41 to $0.51.
 Revenues for company-operated restaurants open for all of both periods (comparable store sales) rose 3.7 percent. Fiscal 1992 year to date comparable store sales have increased 2.9 percent over the same six month period of fiscal 1991.
 Brinker currently owns and operates three restaurant concepts under the names of Chili's Grill & Bar ("Chili's"), Grady's American Grill ("Grady's") and Romano's Macaroni Grill ("Romano's").
 Brinker opened six company-operated Chili's restaurants and four franchised units during the quarter, including its first international restaurant. These new openings increase the total number of Chili's restaurants system-wide to 261 operating in 39 states and Canada. Brinker plans to open four company-operated Chili's restaurants and two franchised units during the third quarter. Brinker opened two new Romano's restaurants during the second quarter. In addition to the 14 Grady's and six Romano's restaurants currently open, Brinker anticipates opening two Grady's and three Romano's restaurants during the third quarter.
 Chili's are full-service restaurants featuring a casual atmosphere and a limited menu of freshly prepared chicken, beef and seafood entrees, hamburgers, ribs, fajitas, sandwiches, salads, appetizers, desserts and a full-service bar. Grady's restaurants are casual, upscale dinner houses that feature fresh seafood, prime rib, steaks, pasta, salads, sandwiches, appetizers, desserts and a full-service bar. Romano's are full-service Italian restaurants featuring appetizers, salads, seafood, meat and pasta entrees, and desserts and offer a limited wine and beer selection.
 BRINKER INTERNATIONAL, INC.
 (In thousands, except per share amounts)
 Three Months Ended Dec. 31, 1991 1990
 Revenues $ 122,007 $ 99,747
 Income before provision for income taxes 11,481 7,859
 Net income 7,520 5,187
 Primary net income per share 0.24 0.19
 Primary weighted average
 shares outstandin $ 246,105 $ 201,387
 Income before provision for income taxes 24,327 17,047
 Net income 15,934 11,251
 Primary net income per share 0.51 0.41
 Primary weighted average shares
 outstanding (000's) 30,970 27,311
 BRINKER INTERNATIONAL, INC.
 Consolidated Statements of Income -- Second Quarter
 (In thousands, except per share amounts)
 Periods ended Three Months Six Months
 Dec. 31; 1991 1990 1991 1990
 Revenues $122,007 $ 99,747 $246,105 $201,387
 Operating Expenses:
 Cost of sales 33,683 28,813 68,246 59,051
 Restaurant expenses 63,941 52,572 128,074 104,687
 Depreciation &
 amortization 6,582 5,153 12,916 10,112
 Total oper. expenses 104,206 86,538 209,236 173,850
 General & administrative 7,079 5,541 14,066 10,849
 Interest expense 0 140 0 290
 Other, net (759) (331) (1,524) (649)
 Total costs & expenses 110,526 91,888 221,778 184,340
 Income before provision
 for income taxes 11,481 7,859 24,327 17,047
 Provision for inc. taxes 3,961 2,672 8,393 5,796
 Net income $ 7,520 $ 5,187 $ 15,934 $ 11,251
 Primary net
 income per share $ 0.24 $ 0.19 $ 0.51 $ 0.41
 Primary weighted average
 shares outstanding 31,091 27,225 30,970 27,311
 -0- 1/23/92
 /CONTACT: Debra Smithart, executive vice president and chief financial officer of Brinker International, 214-980-9917/
 (EAT) CO: Brinker International, Inc. ST: Texas IN: LEI SU: ERN


JT -- NY041 -- 2749 01/23/92 11:29 EST
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