Brinker International (EAT) Lagged Despite Posting Strong Results

Antipodes Partners recently published its “Antipodes Global Value Strategy” third-quarter 2025 investor letter, highlighting the key performance stocks, portfolio changes, and the market outlook. A copy of the letter can be downloaded here. In the quarter, global equities rose positively, supported by easing trade tensions, excitement around AI, and expectations of rate cuts by the Federal Reserve. Global equities gained +7.6% in USD and +6.4% in AUD, driven by central bank interest rate reductions, new US trade agreements, and strong corporate earnings. The Antipodes Global Value Strategy outperformed the benchmark during this quarter and showed even greater outperformance for the year to date and the 12 months ending September 30, 2025. In addition, please check the fund’s top five holdings to know its best picks in 2025.

In its third-quarter 2025 investor letter, Antipodes Global Value Strategy highlighted stocks such as Brinker International, Inc. (NYSE:EAT). Headquartered in Dallas, Texas, Brinker International, Inc. (NYSE:EAT) is a casual dining restaurant operator. One-month return of Brinker International, Inc. (NYSE:EAT) was -8.36%, and its shares lost 0.25% of their value over the last 52 weeks. On November 13, 2025, Brinker International, Inc. (NYSE:EAT) stock closed at $117.16 per share, with a market capitalization of $5.206 billion.

Antipodes Global Value Strategy stated the following regarding Brinker International, Inc. (NYSE:EAT) in its third quarter 2025 investor letter:

“Restaurant operator Brinker International, Inc. (NYSE:EAT) lagged peers despite strong quarterly results. Brinker reported a 21% year-on-year increase in revenue, with the company beating consensus EPS estimates in each of the trailing four quarters. Positive sales momentum at Brinker’s Chili’s franchises was offset by investor concerns around competition and broader macro softness.”

Jim Cramer Backs Brinker International (EAT)’s CEO

Brinker International, Inc. (NYSE:EAT) is not on our list of 30 Most Popular Stocks Among Hedge Funds. According to our database, 52 hedge fund portfolios held Brinker International, Inc. (NYSE:EAT) at the end of the second quarter, up from 46 in the previous quarter. While we acknowledge the risk and potential of Brinker International, Inc. (NYSE:EAT) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than Brinker International, Inc. (NYSE:EAT) and that has 10,000% upside potential, check out our report about this cheapest AI stock.

In another article, we covered Brinker International, Inc. (NYSE:EAT) and shared the list of stocks Jim Cramer discussed. In addition, please check out our hedge fund investor letters Q3 2025 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.