| Quarter | Call date | Disclosure | Financial quality | Kept | Missed | |
|---|---|---|---|---|---|---|
| Q4'26 | August 12, 2026 | 7/12 | 1 high, 4 medium, 2 low flags | 3 | 1 | Call sheet → |
| Q3'26 | 2026-04-29 | 9/12 | 3 medium, 3 low flags | 1 | 0 | Call sheet → |
| Q2'26 | 2026-01-28 | 10/12 | 1 medium, 5 low flags | 5 | 0 | Call sheet → |
| Q1'26 | 2025-10-29 | 10/12 | 2 medium, 4 low flags | 2 | 2 | Call sheet → |
| Q4'25 | August 13, 2025 | 10/12 | 1 medium, 5 low flags | 5 | 0 | Call sheet → |
| Q3'25 | 2025-04-29 | 12/12 | 3 medium, 5 low flags | 6 | 0 | Call sheet → |
| Marked | Status | Promise |
|---|---|---|
| Q4'26 | Delivered | Very confident... we're going to grow our margins year-over-year at 30 to 40 basis points Full-year restaurant operating margin improvement came in at +30 basis points, the low end of the stated range. |
| Q4'26 | Delivered | We remain confident we will lap the fourth quarter with mid-single-digit sales and positive traffic at Chili's Chili's Q4 comp came in at +5.6% with positive traffic of +1.5%, consistent with mid-single-digit guidance. |
| Q4'26 | Delivered | We are planning to call our $350 million 8.25% bonds early in fiscal 2027 using the liquidity of our $1 billion revolver Confirmed executed: 'Subsequent to year end, we redeemed our outstanding $350 million 8.25% bonds using the liquidity on our $1 billion revolver'. |
| Q4'26 | Missed | We plan to complete another 8 to 10 reimages during the remainder of this fiscal year Combined with the 4 already done at the time of that promise, total expected was ~12-14; actual completed for FY26 was 11, below the implied range. |
| Q3'26 | Pending | Restaurant margin improvement 30-40 basis points for fiscal year Still confident despite Q3 margin pressure |
| Q3'26 | Pending | Positive traffic in Q4 Early Q4 showing positive traffic with sandwich launch |
| Q3'26 | Pending | Mid-single-digit same-store sales for back half of year Tracking ahead with April mid-single-digit growth despite weather |
| Q3'26 | Pending | 60-80 reimages during fiscal 2027 Reconfirmed commitment from prior quarter |
| Q3'26 | Pending | Complete another 8-10 reimages during remainder of fiscal year Reiterated same commitment, 3 months remaining |
| Q3'26 | Delivered | Chicken sandwich platform launch chain-wide in April with substantial advertising campaign Launched April 14 as promised with Better Than Fast Food campaign |
| Q2'26 | Pending | Maggiano's stabilization through back to Maggiano's strategy Sequential improvement shown but still negative comps, longer timeline needed |
| Q2'26 | Exceeded | Back half innovation ready for Q3 launch in Q4 Actually accelerated chicken sandwich to April vs Q4 original plan |
| Q2'26 | Exceeded | Continue outperforming industry on sales and traffic 680 bps outperformance vs casual dining industry |
| Q2'26 | Delivered | Chili's same-store sales normalize in mid-single digit range 8.6% comp vs mid-single digit guidance, tracking as expected |
| Q2'26 | Delivered | Q2 biggest advertising increase year-over-year 2.9% of sales, up 40 bps as projected |
| Q2'26 | Delivered | First 4 reimage pilots completed by end of Q1 Completed as promised, now have learnings on cost optimization |
| Q1'26 | Delivered | Queso and nacho upgrades in Q2 Launched but mixed reception forcing return of original Skillet Queso |
| Q1'26 | Delivered | Full year impact of ribs upgrade 35% sales increase with improved profitability exceeding expectations |
| Q1'26 | Pending | 4 remodel pilots by end of calendar year On track for completion, will provide read on program effectiveness |
| Q1'26 | Missed | Commodity inflation in low single digits Now expecting mid-single digits including tariff impact |
| Q1'26 | Missed | Restaurant margin expansion of 30-40 basis points Walked back to flat to slightly positive due to Maggiano's and tariffs |
| Q1'26 | Pending | Positive same-store sales each quarter of fiscal '26 Q1 delivered +21.4%, maintaining confidence for remaining quarters |
| Q4'25 | Exceeded | Maintain 3 For Me value mix discipline Kept under 18% despite Big QP success, managed down to 7.7% at $10.99 level |
| Q4'25 | Delivered | TurboChef ovens installation Successfully installed in all restaurants, retired CTX and Impinger units |
| Q4'25 | Delivered | Maggiano's menu reduction and simplification Menu reduced 20% over last year, removed 8 items and 17 prep recipes in Q3 |
| Q4'25 | Exceeded | Continue improving guest experience metrics GWAP down to 2.3%, 'never been lower since tracking started' |
| Q4'25 | Pending | Steak and salad program upgrades in back half of fiscal year Now pushed to fiscal '27 - clear timeline extension |
| Q4'25 | Pending | New queso and nacho upgrades Now scheduled for beginning of Q2 FY26 - slight delay from original Q1 target |
| Q4'25 | Delivered | Ribs platform launch in Q1 with significantly upgraded recipe Launched in July (Q4 end), seeing 20%+ incident increases even without advertising |
| Q3'25 | Delivered | Continue debt paydown from $164M in Q2 Paid down $125M in Q3, though at slower pace than Q2 |
| Q3'25 | Delivered | Advertising spend to increase in back half of year after being flat in Q2 Q3 advertising at 2.9% vs 2.5% in Q2, Q4 expected at ~3% |
| Q3'25 | Delivered | Restaurant margins to moderate from Q2 peak of 19.1% Mika correctly predicted margin moderation; Q3 came in at 18.9% |
| Q3'25 | Delivered | All-day counters upgrade to KDS systems Completed system-wide rollout in Q3 as indicated |
| Q3'25 | Pending | Ribs upgrade in Q1 of fiscal 2026 Still on timeline, mentioned as part of Q1 Smokehouse platform relaunch |
| Q3'25 | Delivered | Fajitas upgrade in Q4 through menu merchandising only, not advertising Fajitas mentioned as launching in Q4 with operational improvements focus |
| Q3'25 | Delivered | Big food innovation news coming in Q4 to bring excitement to the 3 For Me platform... like the tremendously successful Big Smasher Big QP launched in Q4 as promised and is reportedly outselling Big Smasher at launch |
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