Bloomin' Brands

Bloomin' Brands, Inc. engages in the acquisition, operation, design and development of restaurant concepts. It operates through the following segments: U.S. and International. The U.S. segment operates in USA and Puerto Rico. The International segment operates in Brazil, South Korea, Hong Kong, and China. Its brands include Outback Steakhouse, Carrabba's Italian Grill. Bonefish Grill, and Fleming's Prime Steakhouse & Wine Bar. The company was founded by Chris Thomas Sullivan, Robert Danker Basham and John Timothy Gannon in March 1988 and is headquartered in Tampa, FL.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Bloomin' Brands (BLMN) reports robust Q4 earnings and growth strategies

Bloomin' Brands delivered strong financial results in Q4 2022, showcasing resilience and growth potential despite operational challenges.
The company's strategic initiatives for 2023 aim to drive sales, enhance customer experience, and expand market presence across brands and regions.
While facing challenges such as declining traffic and rising expenses, Bloomin' Brands remains focused on leveraging strengths and seizing growth opportunities.
By balancing financial discipline with strategic investments, the company is poised to navigate challenges and capitalize on emerging trends in the industry.

Bloomin' Brands reports robust Q1 earnings, eyes international expansion

Bloomin' Brands delivered a strong Q1 performance with notable growth in sales and margins. While facing challenges in consumer behavior and pricing strategies, the company remains focused on innovation and sustainable growth opportunities. By leveraging technology and strategic initiatives, Bloomin' Brands aims to drive continued success in the competitive restaurant industry.

Bloomin' Brands excels in Q2 2023, eyes growth opportunities

Bloomin' Brands reported strong financial performance in Q2 2023, driven by growth in adjusted EPS, U.S. comparable sales, and international revenue, supported by strategic initiatives.
The company's focus on off-premises sales, digital transformation, and operational efficiencies positions it well for sustained growth and enhanced customer satisfaction.
While facing challenges such as operating expense inflation and pricing strategies, Bloomin' Brands is leveraging opportunities in off-premises trends, new restaurant development, and increased advertising to drive future success.
Overall, Bloomin' Brands remains committed to achieving its annual goals, enhancing the customer experience, and driving sustainable sales and profit growth through a balanced approach to challenges and opportunities.

Bloomin' Brands reports solid Q3 earnings amidst industry challenges

Bloomin' Brands showcased strong financial performance in Q3 2023, with a focus on operational efficiency and strategic growth initiatives.
While facing industry challenges and softer sales projections, the company is leveraging strengths in technology and operational enhancements to drive long-term growth.
Opportunities in digital transformation, guest experience enhancement, and seasonal trends present avenues for sustained performance and market competitiveness.

Bloomin' Brands reports strong Q4 earnings and growth opportunities ahead

Bloomin' Brands delivered strong financial performance in Q4 2023, driven by strategic priorities and improved internal measures, despite challenges from cost pressures and short-term disruptions.
The company's focus on enhancing customer experience, menu simplification, and digital transformation positions it well to capitalize on opportunities for revenue expansion and operational efficiency.
With a strong development pipeline, robust off-premises demand, and a strategic marketing approach, Bloomin' Brands is poised to navigate challenges, leverage strengths, and seize growth opportunities in 2024.
Investments in labor, technology, and menu enhancements, along with a disciplined capital allocation strategy and focus on customer satisfaction, underpin the company's resilience and potential for long-term success.

Bloomin' Brands Q1 2024: Mixed Performance Amid Growth Opportunities

Bloomin' Brands faced challenges in Q1 with declining comparable sales and lower operating margins, while showcasing strengths in brand performance and operational improvements.
The company's focus on remodeling, expansion, and strategic reviews in Brazil presents growth opportunities amidst industry challenges.
CEO retirement plans and debt management are key areas to watch, while initiatives like pricing adjustments and value-centered offerings aim to drive customer loyalty and revenue.
Navigating commodity inflation and consumer spending trends will be crucial, with a strategic outlook on cost management and revenue generation.

Bloomin' Brands reports Q2 earnings, focuses on growth strategies

Bloomin' Brands navigated challenges in Q2 2024 with adjusted diluted earnings per share of $0.51, focusing on driving same-store sales growth and enhancing customer experiences.
Despite industry headwinds, the company remains resilient, with off-premises sales growth and strategic marketing efforts to communicate value to consumers.
While facing declines in certain metrics, Bloomin' Brands is proactively addressing challenges and leveraging opportunities to drive future growth and profitability.
The company's performance in Q3 2024 will be crucial, with a strategic focus on marketing and operational enhancements to overcome market pressures and drive sales.

Bloomin' Brands reports Q3 challenges, focuses on growth opportunities

Bloomin' Brands navigated challenges from industry softness and hurricanes impact, focusing on strategic growth opportunities and brand enhancements.
Executives highlighted the company's confidence in iconic brands, fine dining experience, and plans for expanding Fleming's locations.
Despite revenue decline and margin pressures, Bloomin' Brands remains committed to driving growth and enhancing guest satisfaction.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Bloomin' Brands, Inc. engages in the acquisition, operation, design, and development of restaurant concepts. It operates through the U.S. and International geographical segments. The U.S. segment operates in the USA and Puerto Rico. The International segment operates in Brazil, South Korea, Hong Kong, and China. Its brands include Outback Steakhouse, Carrabba's Italian Grill, Bonefish Grill, and Fleming's Prime Steakhouse and Wine Bar. The company was founded by Chris Thomas Sullivan, Robert Danker Basham and John Timothy Gannon in March 1988 and is headquartered in Tampa, FL.

BioNTech SE

Dine Brands Global

Brinker International

Pfizer

Texas Roadhouse

News that Pfizer has an effective vaccine sent the sector surging.

Why Casual-Dining Stocks Are Soaring Today

Bed Bath & Beyond

Bunge Global SA

Cross Country Healthcare

Ford Motor Company

Investors pursue broker advice for shaping a portfolio of lucrative stocks. Let's check out a few broker favorites like Ford (F), Bed Bath & Beyond (BBBY), Bunge (BG), Cross Country Healthcare (CCRN) and Bloomin' Brands (BLMN).

Rating Upgrade by Brokers Puts These 5 Stocks in Focus

Chefs' Warehouse

Dave & Buster's

What investors should look out for with these restaurant stocks.

Why Dave & Buster's, Bloomin' Brands, and The Chefs' Warehouse Stocks Dropped 10% Monday

Bloomin' Brands Inc. sank 8.3% in Friday trading, which presents a "buying opportunity," according to Raymond James analysts. Before the opening bell, the restaurant company reported a third-quarter net loss of $17.6 million, or 20 cents per share, after net income of $9.2 million, or 11 cents per share, last year.

Outback Steakhouse parent shares sink, presenting a 'buying opportunity,' analysts say

Bloomin' Brands, Inc. (BLMN) CEO David Deno on Q3 2020 Results - Earnings Call Transcript

The better-than-expected earnings results from the restaurant chain could be its peak for a while.

Why Bloomin' Brands Is Sagging 10% Today

Shares of Bloomin Brands (NASDAQ:BLMN) moved higher by 2.1% in pre-market trading after the company reported Q3 results. Quarterly Results Earnings per share fell 220.00% over the past year to ($0.12), which beat the estimate of ($0.35).

Recap: Bloomin Brands Q3 Earnings

Bloomin' Brands (BLMN) delivered earnings and revenue surprises of 64.71% and 3.04%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Bloomin' Brands (BLMN) Reports Q3 Loss, Tops Revenue Estimates

Bloomin' Brands Inc. shares rose 2.8% in Friday premarket trading after the restaurant company reported third-quarter losses that were narrower than expected. Net loss totaled $17.6 million, or 20 cents per share, after net income of $9.2 million, or 11 cents per share, last year.

Outback Steakhouse parent shares rise after narrower-than-expected losses

TAMPA, Fla.--(BUSINESS WIRE)--Bloomin' Brands, Inc. (Nasdaq: BLMN) today reported results for the third quarter 2020 (“Q3 2020”) compared to the third quarter 2019 (“Q3 2019”). Statement from David Deno, Chief Executive Officer Our priorities remain unchanged as we are focused on taking care of our people and serving food in an environment that protects both team members and customers. Maintaining a motivated, well trained, and engaged employee base that is committed to providing a safe dining

Bloomin' Brands Reports Strengthening Sales Trends

Bloomin Brands (NASDAQ: BLMN) announces its next round of earnings this Friday, October 23. Here is Benzinga's look at Bloomin Brands's Q3 earnings report.

Earnings Outlook for Bloomin Brands

Backed by innovation-led off-premise business, Bloomin' is recovering from a pandemic-driven downturn as indoor dining reopens. Despite a sales rebound expected next year, the value-focus strategy to sustain growth and rigorous hygiene requirements to counter the contagion could hurt margins.

Bloomin' Brands: Underperformance Unveils An Upside As Recovery Continues

Decline in store traffic due to coronavirus-related woes is likely to get reflected in Bloomin' Brands (BLMN) third-quarter 2020 results.

What's in Store for Bloomin' Brands' (BLMN) Q3 Earnings?

Bloomin' Brands (BLMN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Bloomin' Brands (BLMN) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release

TAMPA, Fla.--(BUSINESS WIRE)--Bloomin’ Brands, Inc. (Nasdaq: BLMN) will release results for the fiscal third quarter ended September 27, 2020, on Friday, October 23, 2020, at approximately 7:00 AM EDT, which will be followed by a conference call to review its financial results at 8:30 AM EDT the same day. The call will be webcast live from the Company’s website at http://www.bloominbrands.com under the Investors section. A replay of this webcast will be available on the Company’s website after

Bloomin’ Brands, Inc. to Host Fiscal 2020 Third Quarter Earnings Conference Call at 8:30 AM EDT on October 23, 2020

Bull of the Day: Bloomin' Brands (BLMN)

Chipotle

Domino's Pizza

GrubHub

Restaurant Brands

Starbucks

Shake Shack

Wingstop

Restaurants are doing anything they can to avoid the sales slump they experienced in the first half of 2020.

3 Changes Restaurant Companies Are Making After the Coronavirus

Investment firm Jana Partners (Trades, Portfolio) revealed earlier this week it pared its stake in Bloomin' Brands (NASDAQ:BLMN) by 22.14%.

Jana Partners Boils Down Bloomin' Brands Holding

Bloomin' Brands (BLMN) moved sharply higher after two analysts upgraded the stock, citing a depressed valuation relative to its peers.

Bloomin' Brands (BLMN) Jumps After Double Analyst Upgrade

Analysts think it's a value stock, but is it?

Here's Why Bloomin' Brands Stock Is Going Up Today

Deutsche Bank seems to think so with this morning's sizzling upgrade.

Is Bloomin' Brands About to Shoot 40% Higher?

BJ's Restaurants

These restaurants are still hurting from the pandemic, but the rapid tests could help things return to normal.

Coronavirus Testing Hopes Lift Shares of BJ's, Dave & Buster's, and Bloomin' Brands

Avis Budget Group

Cinemark Holdings

Sabre

Spirit Airlines

Markets are trading lower to relatively flat on the news, with the Nasdaq﻿﻿ slightly higher, per usual in the technology-heavy index. With consumer confidence coming in lower than expected at a 6 year low, we've used our AI and deep learning to identify the Top Shorts for today.

Best Stocks To Short Today As Tech-Led Nasdaq Trades Higher

TAMPA, Fla.--(BUSINESS WIRE)--Bloomin’ Brands, Inc.

Bloomin’ Brands Announces Group Vice President, Diversity & Inclusion

If you are an investor in casual dining chain Bloomin’ Brands, you might be concerned. After all, the stock has dropped nearly 48% this year (as of Jul 24, 2020), as quarantine measures reduced footfall in its outlets significantly.

News for Bloomin' Brands Stock (BLMN)