1046 ET - Chili's owner Brinker International said in a 3Q earnings call that it believes it can absorb cost increases as a result of increased tariffs. About 20% of the company's $1 billion in food and beverage purchases come from outside the U.S., with about a third imported from Canada and Mexico, where tariffs are reduced. The company said it has the ability to purchase the remaining goods in different countries, and currently aims to keep its value deals on its menus to keep increasing customer traffic. (heather.haddon@wsj.com; @heatherhaddon)
(END) Dow Jones Newswires
April 29, 2025 10:46 ET (14:46 GMT)
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