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S&P Global Ratings upgrades outlook on Brinker International

Investing.com ·

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EAT Brinker International Inc
$202.35 +4.24%
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  1. 1S&P Global Ratings has upgraded the outlook on Brinker International from stable to positive.
  2. 2Brinker International repaid $350,000,000 in debt using a revolving credit facility.
  3. 3Brinker's S&P adjusted leverage for fiscal year 2026 was 1.6x, an improvement from 1.8x in the previous year.

So what's the key point?

S&P Global Ratings changed the outlook for Brinker International to positive. This is because the debt ratio decreased after the company repaid $350,000,000 in debt.

Source Investing.com · View original ↗

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