After a strong end to 2024, the stock market has hit a few bumps to start the year. But plenty of winners continued to pound out gains. Chili's parent Brinker International rallied to a record high Wednesday on earnings. Stride, an online curriculum provider, also eyed a record high early Wednesday on its quarterly report. Space solutions and components provider Redwire has rocketed about 48% over the past two weeks following an acquisition announcement.
All three stocks have amassed hefty triple-digit gains over the past year.
Brinker International
On Wednesday morning, Brinker International, the parent company of Chili's Grill & Bar and Maggiano's Little Italy, reported Q2 2025 earnings of $2.80 per share adjusted, beating FactSet expectations for $1.86 per share. Revenue jumped 26% to $1.36 billion, also clearing views for $1.25 billion.
Brinker's overall comparable restaurant sales increased 27.4%, driven by a 31.4% spike in Chili's comparable sales. CEO Kevin Hochman noted that Chili's is seeing greater traffic from new and returning customers despite a more competitive promotional environment. That indicates the company is building a stronger long-term business base, he said in the release.
Brinker's 2025 guidance called for earnings between $7.50 and $8 per share adjusted, on $5.15 billion to $5.25 billion in total revenue. The outlook was well ahead of FactSet forecasts for $6.44 per share on $4.9 billion in revenue.
EAT stock rallied 16.3% Wednesday to record highs.
Brinker has a 12-month price gain of about 340% and is up 144% from a September breakout.
Shares are extended and heading for their 11th gain in the past 12 months.
Stride
Technology-based education company Stride reported a nearly 32% increase in earnings to $2.03 per share for its fiscal second quarter. Revenue jumped 16% to $587.2 million.
FactSet expected earnings of $1.95 per share on $569.7 million in sales.
Enrollments for the quarter averaged 230,600 students, up 19.4% from last year. Career Learning enrollments increased nearly 31%.
Stride expects Q3 adjusted operating income to range from $130 million to $140 million on $585 million to $600 million in revenue, ahead of FactSet forecasts for $587 million in revenue.
The company sees full-year adjusted operating income between $430 million and $450 million on $2.32 billion to $2.355 billion in revenue. FactSet expects $2.33 billion in revenue for the year.
Stride shares popped 6% Wednesday.
LRN is just beyond buy range after rebounding from 10-week support and breaking out from a brief consolidation.
The stock has rallied 113% over the past 12 months and is up 23% so far in January.
Redwire
Jacksonville, Fla.-based Redwire provides space infrastructure and technologies. Its products and capabilities include avionics, sensors, power solutions, radio frequency systems, mission platforms and microgravity payloads. Redwire's customers include NASA, Lockheed Martin, Airbus, Boeing, Blue Origin, Rocket Lab, and the European Space Agency, among others.
Despite going public in March 2021 via a SPAC merger, Redwire has more than 50 years of experience providing critical products and services to various space missions. Redwire touts its involvement in the Deep Space 1 spacecraft mission to orbit the sun, as well as the New Horizons mission to Pluto. The company has played a part in multiple missions to study six out of the eight planets in our solar system.
Now, Redwire is expanding into the defense industry after reaching an agreement to acquire Edge Autonomy on Jan. 20 for $925 million.
Edge specializes in uncrewed airborne systems (UAS) technology, which would allow Redwire to expand its offerings to include autonomous airborne platforms.
"The combination of Redwire and Edge Autonomy creates a uniquely positioned space and defense company focused on two of the fastest growing trends in defense technology," Redwire CEO Peter Cannito said in the release.
The transaction is expected to close in the second quarter.
Redwire rocketed 51% on Jan. 21 following the acquisition announcement.
RDW stock has amassed a 12-month gain of about 680%. Shares encountered some resistance in December and early January, as they worked to climb past Redwire's previous high from October 2021. That led to RDW stock's second rebound from 10-week support since a breakout in October. Shares are now extended.
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