Brinker International Inc (NYSE:EAT) has partnered with food ordering and delivery platform, Grubhub, to feature its brands. Grubhub is part of Just Eat…
A top fast food restaurant saw shares jump on rumors of a potential takeover by a leading investor. The move would follow up a busy 2021, which saw several large transactions in the space. Here’s a look at how merger and acquisition activity could shape up in the restaurant sector.
According to Benzinga Pro, during Q3, Brinker International (NYSE:EAT) earned $36.60 million, a 32.61% increase from the preceding quarter. Brinker International also posted a total of $980.40 million in sales, a 5.9% increase since Q2.
Gainers
Muscle Maker (NASDAQ:GRIL) stock increased by 6.8% to $0.47 during Friday's after-market session. The company's market cap stands at $13.4 million.