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Chili's is bringing in more customers as its strategy shift begins to pay off, driving more value to shares of its owner, Brinker International, per Baird.
We haven't written up this one. CNBC has the full story — the link below goes straight to it.
Key PointsSome revenue sources appear increasingly uncertain as the company spends heavily on capital expenditures.
Jae Kim reduced direct holdings through a combination of Rule 10b5-1 plan sales and tax withholding transactions, while maintaining $33 million in remaining equity exposure.
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