Sign in

You're signed outSign in or to get full access.

Bloomin' Brands (BLMN)

--

Earnings summaries and quarterly performance for Bloomin' Brands.

Recent press releases and 8-K filings for BLMN.

Bloomin' Brands Reports Q4 2025 Results and Provides 2026 Guidance
BLMN
Earnings
Guidance Update
New Projects/Investments
  • Bloomin' Brands reported Q4 2025 total revenues of $975 million and adjusted diluted earnings per share of $0.26, with US comparable restaurant sales remaining flat.
  • For fiscal year 2026, the company expects adjusted diluted earnings per share between $0.75 and $0.90 and U.S. comparable restaurant sales growth of 0.5% to 2.5%.
  • The company plans a net investment of approximately $20 million in 2026, comprising $50 million in turnaround investments (including $25 million for food quality, $7 million for service, $8 million for managing partners, and $10 million for marketing) offset by $30 million in non-guest facing productivity savings.
  • Strategic initiatives for 2026 include a shift in marketing mix to 60% digital from 33% in 2025, and plans to refresh nearly all Outback restaurants by 2028 with an investment of $350,000 to $400,000 per location.
2 days ago
Bloomin' Brands Announces Q4 2025 Results and 2026 Guidance
BLMN
Earnings
Guidance Update
New Projects/Investments
  • Bloomin' Brands reported Total Revenues of $975 million and Adjusted Diluted Earnings per Share of $0.26 for Q4 2025.
  • The company demonstrated a reduction in leverage during Q4 2025, with Lease Adjusted Net Leverage decreasing to 3.9x and Net Debt / Adjusted EBITDA decreasing to 2.4x.
  • For the full year 2026, Bloomin' Brands projects Adjusted Diluted EPS between $0.75 and $0.90 and U.S. Comparable Restaurant Sales growth of 0.5% to 2.5%.
  • The company also provided Q1 2026 guidance, expecting Adjusted Diluted EPS of $0.57 to $0.62 and U.S. Comparable Restaurant Sales to be flat to 1.0%.
  • Bloomin' Brands plans significant turnaround investments in 2026, including approximately $50 million for Service & Experience, $7 million for Our People, $8 million for Marketing, and $10 million for Food Quality.
2 days ago
Bloomin' Brands Reports Q4 2025 Results and Provides 2026 Guidance
BLMN
Earnings
Guidance Update
New Projects/Investments
  • Bloomin' Brands reported Q4 2025 total revenues of $975 million and adjusted diluted earnings per share of $0.26. U.S. comparable restaurant sales were flat, with U.S. traffic up 50 basis points, and Outback recorded its first positive traffic growth since Q4 2021, up 90 basis points.
  • For fiscal year 2026, the company projects U.S. comparable restaurant sales to be between 0.5% and 2.5% and adjusted diluted earnings per share between $0.75 and $0.90.
  • The company plans a net investment of approximately $20 million in 2026 for turnaround initiatives, comprising $50 million in investments (including steak quality, service, marketing, and restaurant refreshes) offset by $30 million in non-guest-facing productivity savings.
  • Q1 2026 guidance anticipates U.S. comparable restaurant sales between flat and up 1% and adjusted diluted EPS between $0.57 and $0.62, noting a negative impact from winter weather of approximately 2.2% on U.S. comparable restaurant sales and $0.08 on adjusted diluted EPS.
2 days ago
Bloomin' Brands Reports Q4 2025 Results and Provides 2026 Guidance
BLMN
Earnings
Guidance Update
New Projects/Investments
  • Bloomin' Brands reported Q4 2025 total revenues of $975 million and adjusted diluted earnings per share of $0.26, with U.S. comparable restaurant sales remaining flat and U.S. traffic up 50 basis points.
  • The company is implementing a turnaround strategy for Outback, which includes a new steak lineup launched in November 2025 and a revised service model to be introduced in Q2 2026.
  • For fiscal year 2026, Bloomin' Brands expects U.S. comparable restaurant sales growth between 0.5% and 2.5% and adjusted diluted earnings per share of $0.75-$0.90.
  • A net investment of approximately $20 million is planned for 2026, comprising $50 million in strategic investments (including $10 million for marketing) offset by $30 million in non-guest facing productivity savings.
  • Capital expenditures are estimated at $185 million to $195 million for 2026, with a focus on refreshing nearly all Outback restaurants by 2028.
2 days ago
Bloomin' Brands Reports Q4 2025 Results and FY 2026 Guidance
BLMN
Earnings
Guidance Update
New Projects/Investments
  • Bloomin’ Brands reported Q4 2025 revenue of approximately $975.2 million, with flat U.S. comparable-restaurant sales and overall traffic up roughly 50 basis points. The adjusted/non-GAAP EPS was about $0.25–$0.26, beating expectations, and the net loss narrowed.
  • Management provided FY 2026 guidance for U.S. comparable-sales growth of 0.5–2.5% and diluted EPS of $0.70–$0.85, stating that fiscal 2026 will be an "investment year" focused on an Outback turnaround.
  • Despite the small EPS beat, revenue missed Street estimates, leading to the stock trading down after the release. Management attributed recent traffic momentum to improved execution, value offers like Outback’s Aussie 3-Course, and loyalty programs.
  • Third-party financial data highlighted balance-sheet and solvency concerns, including a high debt-to-equity ratio of 6.38, a low current ratio of 0.45, and an Altman Z-Score of 0.84, placing the company in a "distress" zone with elevated bankruptcy risk within two years.
  • Bloomin’ Brands' CFO, Eric C. Christel, recently purchased 150,000 shares for an estimated $957,000.
3 days ago
Bloomin' Brands Announces Q4 2025 Financial Results and 2026 Outlook
BLMN
Earnings
Guidance Update
New Projects/Investments
  • Bloomin' Brands reported total revenues of $975.2 million for Q4 2025, with a diluted loss per share of $(0.14) and adjusted diluted earnings per share of $0.26.
  • For Fiscal Year 2025, the company's diluted earnings per share was $0.10 and adjusted diluted earnings per share was $1.14.
  • The company provided a Fiscal Year 2026 financial outlook, projecting adjusted diluted earnings per share of $0.75 to $0.90 and U.S. comparable restaurant sales growth of 0.5% to 2.5%.
  • CEO Mike Spanos highlighted that Outback Steakhouse achieved its first quarter of positive traffic since Q4 2021 and mentioned the launch of a turnaround strategy with targeted investments in steak quality.
3 days ago
Bloomin' Brands Announces Q4 and Fiscal Year 2025 Financial Results
BLMN
Earnings
New Projects/Investments
Demand Weakening
  • Bloomin' Brands reported total revenues of $975.2 million for Q4 2025, with a diluted loss per share of $(0.14) and adjusted diluted earnings per share of $0.26.
  • For Fiscal Year 2025, the company's total revenues were $3,955.996 million, with diluted earnings per share of $0.10 and adjusted diluted earnings per share of $1.14.
  • CEO Mike Spanos noted that Outback Steakhouse achieved its first quarter of positive traffic since Q4 2021 and highlighted a turnaround strategy involving targeted investments in steak quality.
  • Adjustments for Q4 2025 and Fiscal Year 2025 included goodwill impairment from the Bonefish Grill reporting unit, as well as asset impairment and closing costs primarily related to the closure of 21 U.S. restaurants and the decision not to renew leases for 22 restaurants.
3 days ago
Bloomin' Brands Reports Q3 Results and Strategic Updates
BLMN
Earnings
Guidance Update
Dividends
  • Bloomin' Brands reported a Q3 adjusted loss of $0.03 per share, exceeding expectations, with revenue around $911 million.
  • The company suspended its dividend and plans to reallocate free cash flow to strategic investments and debt reduction. It also announced the closure of 21 U.S. restaurants and non-renewal of leases for 22 more.
  • While all four restaurant brands posted positive comparable-store sales for the first time since Q1 2023, restaurant-level operating margin declined to 9.2% from 11.1% year-over-year due to higher costs.
  • Bloomin' Brands lowered its GAAP FY guidance to $0.75–$0.80, reiterated adjusted FY2025 guidance of $1.10–$1.15, and provided Q4 adjusted EPS guidance of $0.23–$0.28.
Nov 6, 2025, 11:53 PM
Bloomin' Brands Reports Q3 2025 Results and Announces Outback Turnaround Strategy
BLMN
Earnings
Guidance Update
New Projects/Investments
  • Bloomin' Brands reported Q3 2025 total revenues of $929 million and an adjusted diluted loss of $0.03 per share, which was above their guidance range.
  • U.S. comparable restaurant sales were up 120 basis points with traffic down 10 basis points in Q3 2025, marking the first quarter since Q1 2023 where all brands achieved positive comp sales growth.
  • The company raised its full-year 2025 guidance for U.S. comparable sales to be between flat to positive 50 basis points and adjusted diluted EPS to a range of $1.10 to $1.15.
  • A holistic turnaround strategy for Outback Steakhouse was announced, involving $75 million in investments from 2026-2028 (with $50 million in 2026), offset by $80 million in non-guest-facing productivity savings over the same period (with $30 million in 2026), aiming to refresh approximately 100% of Outbacks by 2028.
Nov 6, 2025, 2:00 PM
Bloomin' Brands Reports Q3 2025 Results and Updates Guidance
BLMN
Earnings
Guidance Update
New Projects/Investments
  • Bloomin' Brands reported Q3 2025 total revenues of $929 million and an Adjusted Diluted Loss per Share of ($0.03), with U.S. comparable sales increasing by 1.2%.
  • The company updated its Full Year 2025 guidance, projecting U.S. Comparable Sales Growth between 0% and 0.5% and Adjusted Diluted EPS between $1.10 and $1.15.
  • For Q4 2025, guidance includes U.S. Comparable Sales Growth of 0.5% to 1.5% and Adjusted Diluted EPS of $0.23 to $0.28.
  • Bloomin' Brands completed the sale of 67% of its Brazil operations for $225 million USD, which is expected to reduce Lease Adjusted Net Leverage from 4.3x to 4.0x on a pro forma basis for Q3 2025.
  • The company is implementing a turnaround strategy for Outback Steakhouse, involving ~$75 million in investments over three years, largely offset by ~$80 million in non-guest facing productivity savings.
Nov 6, 2025, 2:00 PM