Advan Notable Hits: Brinker International (EAT)

January 31, 2025 By Valantis Aristides Tags: FINANCIAL-TRENDS, ADVAN HITS

Notable Hit 1: (EAT:NYSE) On Wednesday January 29, 2025 Brinker International, Inc. (EAT) posted revenues of $1.36 bn surpassing the analysts estimates by 14% and in the same direction as Advan's forecasted sales. Advan's data showed a 23.8% increase YoY in foot traffic to its restaurant chains in Q4 2024. Visits to Chili's were up 25.5% YoY; the company's revenue increased 26.5% YoY. The stock closed up 16% from previous close. Advan's footfall data has a correlation of 0.94 on a YoY basis with EAT's top-line revenue over the last 19 quarters.

Advan Hits: EAT correlation traffic vs revenue

About Advan

Advan is the leader in the financial and real estate industries, enabling participants to analyze foot traffic data across multiple sectors, including retail, hospitality, consumer services, energy, technology, healthcare, REITS, financials and others. Advan derives its datasets using multi parameter models that analyze cellphone location data crossed with curated geofenced areas.

Top tier institutional investors spanning from quantitative hedge funds to fundamental asset managers have been the main consumers of Advan’s products.