Chili’s owner Brinker International (EAT) is among the few in the sit-down restaurant space to show glimmers of hope that life after COVID-19 will be OK for the sector. It won’t be back to business as usual right away, but OK may be just enough for investors.
For Chili’s, driving the business down a path toward recovery has consisted of reconfiguring the inside of restaurants (think fewer tables to sit at) and also meeting demand for takeout or eating inside the car in the company’s parking lot.
“Since the pandemic, the priority once we started opening dining rooms — similar to the focus we had when we were doing takeout and delivery — has been safety first. So it’s all about observing the guidelines and restrictions we’ve been placed under to keep everybody safe. So when you walk in, everybody is in masks. There is social distancing and sanitation stations