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    Sarah Senatore

    Senior Research Analyst at Bank of America

    Sara Senatore is a Senior Research Analyst at Bank of America specializing in the services sector, with a primary focus on restaurant and food service companies. She covers major names such as Chipotle Mexican Grill, Texas Roadhouse, Sweetgreen, CAVA Group, Wingstop, Restaurant Brands International, and Starbucks, maintaining a track record that includes a 54% success rate and an average return of 5.40% per transaction across 26 stocks. Beginning her finance career before joining Bank of America, she has accumulated extensive expertise through years of earnings calls and in-depth market research, covering over 22 publicly traded companies in her sector. Senatore is recognized for her deep industry knowledge and frequent participation in high-level earnings discussions, underpinning her reputation as a key equities analyst for consumer services.

    Sarah Senatore's questions to Bloomin' Brands (BLMN) leadership

    Sarah Senatore's questions to Bloomin' Brands (BLMN) leadership • Q2 2025

    Question

    Isaiah, on for Sarah Senatore of Bank of America, asked about the decision to reduce advertising spend and sought clarity on labor cost pressures, including the impact of changing server-to-table ratios.

    Answer

    CEO Mike Spanos clarified that advertising spend was not reduced but made more efficient by cutting non-working marketing and focusing on high-ROI channels. On labor, he explained the server ratio change is a cost-neutral reallocation, not a new investment. CFO Michael Healy added that wage inflation has been stable at around 4%.

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