MEANWHILE, CASUAL DINING CONTINUES DOWNWARD SLIDE

Brinker International Inc. reported a 2.8% slump in same-store sales in May as the restaurant operator saw negative results across all of its brands.

Same-store sales were down the most at its On The Border chain, falling -4.2%. Chili’s meanwhile was down -3% and Macaroni Grill -2.1%. The recently acquired Maggiano's was the best performer with a drop of -1.5%.