EAT - CONFERENCE CALL TODAY

I hope you had a great weekend!

Since Brinker’s announcement over six months ago about a new direction for Chili’s, we have wanted to see where they are going.  After the recent analyst meeting, and a little digging of our own, the timing is upon us.  There is a real, credible opportunity for management to create value and grow EBIT over the next 1-3 years.

The EAT Conference Call marks the publication of our EAT Black Book. The call is open to qualified institutional clients of Hedgeye's Restaurants vertical -- and for qualified prospective institutional clients.

The call, on Monday April 19th, at 11 a.m. EST, will cover in detail why we think EAT deserves a closer look, with real opportunity to invest free cash flow into an improving core business. Although we anticipate choppy near-term sales at EAT, we think menu changes and margin enhancement initiatives will lead to marked improvement across customer satisfaction and traffic, better execution and higher margins. We see EAT's potential corporate actions, alongside anticipated improved trends, as being beneficial to the stock.

Contact <mailto:> or reply to this email to request access to the conference call, or to request access/pricing on the EAT Black Book.

Regards,

Howard