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Chili's is on a hot streak — and its CEO says the new ribs are a hit

1. Chili's reported a 24% increase in same-store sales, outperforming expectations. 2. Brinker's revenue for Q4 reached $1.46 billion, exceeding analyst predictions. 3. The company is boosting its earnings per share guidance to $9.90 - $10.50. 4. Increased marketing investment rose from $32 million to $137 million over three years. 5. Chili's plans additional menu upgrades and restructuring of select restaurants.

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FAQ

Why Very Bullish?

Chili's strong earnings and growth signal positive momentum, similar to past recoveries in dining chains.

How important is it?

Significant sales and revenue growth can attract investor interest, enhancing market value.

Why Short Term?

Immediate stock price increases from earnings announcement suggest quick investor responses.

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