4

On the Brinker: Taking Stock of Fast Casual, Before the Grill's Closed

Things haven't been good in the fast-casual dining business for a long while, as the slowdown in the semi-fancy burger biz started well before The Artist Formerly Known as the Economy went into the crapper -- right, Bennigan's? Today, CFO magazine looks to see what's on the menu in coming months -- and looks no further than Dallas-based Brinker International, which, for the last long while, has seen its stock slip and downgraded from well-done to medium-rare even as some Chili's were adiosed.

Says Brinker executive VP and COO Chuck Sonsteby of how bad things have gotten: "I don't think anyone has ever seen anything like this. These are truly historic times." Many reasons are offered, but there are few solutions -- chiefly, because no one can afford an extreme makeover. --Robert Wilonsky

We use cookies to collect and analyze information on site performance and usage, and to enhance and customize content and advertisements. By clicking 'X' or continuing to use the site, you agree to allow cookies to be placed. To find out more, visit our cookies policy and our privacy policy.

Newsletters

All-access pass to the top stories, events and offers around town.

  • Top Stories
    Send: