Bloomin' Brands (BLMN) Stock Forecast & Price Target

Bloomin Brands Inc. has demonstrated solid performance within its restaurant segments, with Carrabba's and Fleming's showing impressive comp growth of 3.9% and 3.8%, respectively, surpassing consensus expectations by 300 and 160 basis points. The company reported a second-quarter EPS of $0.33, which exceeded consensus by $0.05, driven by modest comparable sales growth and favorable tax impacts that mitigated the effect of declining restaurant margins. Overall, the positive trends in specific brand performance and the notable EPS outperformance suggest a resilient financial outlook for Bloomin Brands amid competitive challenges.

Bloomin Brands Inc. faces significant challenges reflected in its second quarter performance, highlighting a troubling 10% decline in traffic on a three-year basis and ongoing struggles with blended comparable sales. The company has revised its 2025 earnings per share (EPS) guidance down by approximately 20% to a range of $1.00-$1.10, which is notably below the consensus estimate of $1.23, marking the second such reduction within four quarters. Additionally, the third quarter EPS guidance suggests a loss of -$0.15 to -$0.10, falling short of consensus expectations, further indicating a deteriorating financial outlook.