Brinker International reported stronger fiscal third-quarter results as its Chili's chain continued to draw value-conscious diners. The restaurant company posted net income of $127.9 million, or $2.87 per share, up from $119.1 million, or $2.56 per share, in the same period last year. The 12% earnings per share growth signals solid execution in a challenging consumer spending environment.

The company attributed the momentum to Chili's affordability positioning amid persistent inflation pressures. Brinker guided for full-year revenue in the range of $5.78 billion to $5.82 billion, reflecting confidence that demand for casual dining will hold. The guidance suggests management sees continued tailwinds from consumers trading down from higher-priced restaurants.

The results differentiate Brinker from casual dining peers who have struggled with traffic declines as price-sensitive customers cut back. Chili's value proposition appears to be resonating with the current consumer, providing a competitive edge in a segment facing broader headwinds from shifting dining habits.