Financial Performance - Adjusted Q4 2021 diluted earnings per share was $0.60, up 88% from $0.32 in Q4 2019 [7][27] - Total revenues in Q4 were $1.05 billion, a 2.4% increase from 2019, driven by a 5.3% increase in U.S. comparable restaurant sales [24][27] - Adjusted operating income margin was 7.8% in Q4 versus 4.2% in 2019, with adjusted restaurant level operating margin at 16.5% [27][28] - The company paid down approximately $300 million of debt in 2021, improving credit metrics below the goal of 3 times lease-adjusted leverage [10][30] Business Lines Performance - U.S. off-premises sales exceeded $1 billion in 2021, up 147% versus 2019, with profit margins approaching those of in-restaurant business [14][18] - Carrabba's saw 46% growth in catering sales in 2021 versus 2019, indicating strong performance in off-premises channels [15] - Brazil Q4 comps were up 8.5% versus 2019, reflecting strong execution and reduced COVID-related restrictions [26] Market Performance - U.S. comp sales finished up 4.5% versus 2019 and up 30.5% versus 2020 [9] - Off-premises accounted for 26% of U.S. volume in Q4, with third-party delivery growing to 11% of U.S. revenues [25] - The Southeast region continues to perform well, with improvements noted in the Midwest and Northeast [62] Company Strategy and Industry Competition - The company aims to grow in-restaurant sales by enhancing service levels and food offerings, particularly at Outback [12] - Plans to leverage operating margin gains by reducing costs and increasing sales through targeted digital advertising [16][17] - The company is focused on becoming more digitally savvy, with 70% of total U.S. off-premises sales through digital channels in 2021 [18][19] Management Commentary on Operating Environment and Future Outlook - Management expressed confidence in sustaining operating margins despite anticipated inflation, targeting a range of 7.5% to 8% for the full year [45] - The company expects commodity inflation between 11% and 13% in 2022, with labor inflation in the high single-digit range [31][35] - Management remains optimistic about revenue trends, particularly as the impact of the Omicron variant subsides [94][96] Other Important Information - The company reinstated a quarterly dividend of $0.14 per share and authorized a new $125 million share repurchase program [30] - Capital expenditures for 2022 are expected to be between $225 million and $240 million, driven by new restaurant openings and technology investments [38] Q&A Session Summary Question: Operating margins outlook for 2022 - Management expects to maintain an operating margin of 7.5% to 8% despite inflationary pressures, with traffic and mix shift being key variables [45][46] Question: Menu pricing strategy - The company implemented a 5% price increase to offset inflation, with a focus on maintaining value for consumers [49][50] Question: Growth prospects for Carrabba's - Carrabba's has shown significant growth, particularly in off-premises sales, and management is optimistic about future expansion opportunities [58][60] Question: Labor environment and retention strategies - The labor market remains competitive, but retention levels are strong, and management is focused on improving the quality of life for employees [66][99] Question: Marketing strategies for 2022 - Marketing will be adjusted based on ROI, with a focus on digital channels rather than broad-scale discounting [73][74] Question: Expansion plans in Brazil - Brazil is a key focus for growth, with strong same-store sales and unit expansion plans in place [82][84]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 26, 2021 or ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission File Number: 001-35625 BLOOMIN' BRANDS, INC. (Exact name of registrant as specified in its charter) Delaware 20-8023465 (State o ...

Bloomin' Brands, Inc. (NASDAQ:BLMN) Q3 2021 Earnings Conference Call November 2, 2021 8:15 AM ET Company Participants Mark Graff - Senior Vice President and Investor Relations David Deno - Chief Executive Officer Chris Meyer - Executive Vice President and Chief Financial Officer Conference Call Participants Jeffrey Bernstein - Barclays Brian Mullan - Deutsche Bank Brett Levy - MKM partners John Glass - Morgan Stanley Jeff Farmer - Gordon Haskett John Ivankoe - JPMorgan Jared Garber - Goldman Sachs Brian Vac ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 27, 2021 or ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission File Number: 001-35625 BLOOMIN' BRANDS, INC. (Exact name of registrant as specified in its charter) Delaware 20-8023465 (State or oth ...

Bloomin' Brands, Inc. (NASDAQ:BLMN) Q2 2021 Earnings Conference Call July 30, 2021 8:30 AM ET Company Participants Mark Graff - SVP, IR & Finance David Deno - CEO Chris Meyer - EVP & CFO Conference Call Participants Jeff Priester - Barclays Brett Levy - MKM Partners John Ivankoe - JPMorgan Jeff Farmer - Gordon Haskett Brian Mullan - Deutsche Bank Sharon Zackfia - William Blair Brian Vaccaro - Raymond James Alex Slagle - Jefferies Lauren Silberman - Credit Suisse Karen Holthouse - Wells Fargo Operator Greeti ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 28, 2021 or ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission File Number: 001-35625 BLOOMIN' BRANDS, INC. (Exact name of registrant as specified in its charter) Delaware 20-8023465 (State or ot ...

Bloomin' Brands, Inc. Q1 2021 Earnings Conference Call April 29, 2021 9:00 AM ET Company Participants Mark Graff - GVP, Investor Relations David Deno - CEO Chris Meyer - EVP & CFO Conference Call Participants Jeffrey Bernstein - Barclays Alex Slagle - Jefferies Brett Levy - MKM Partners Brian Vaccaro - Raymond James Sharon Zackfia - William Blair Karen Holthouse - Wells Fargo Operator Greetings, and welcome to Bloomin’ Brands Fiscal First Quarter 2021 Earnings Conference Call. At this time, all participants ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 27, 2020 or ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission File Number: 001-35625 BLOOMIN' BRANDS, INC. (Exact name of registrant as specified in its charter) Delaware 20-8023465 (State or other j ...

Financial Data and Key Metrics Changes - In Q4 2020, total revenues decreased by 21% year-over-year to $813 million, with a GAAP diluted loss per share of $0.16 compared to earnings of $0.32 in 2019 [32][28] - Adjusted diluted earnings per share was $0.02, down from $0.32 in the previous year, and adjusted operating income margin was 1.3%, down from 4.2% in 2019 [32][32] - US comparable sales were down 17.7% in Q4, with a sequential decline driven by additional capacity restrictions [28][28] Business Line Data and Key Metrics Changes - Outback's comparable sales were down 15% in Q4, while Carrabba's saw a decline of 11%, both outperforming major competitive benchmarks [30][30] - Bonefish Grill's comparable sales decreased by 27%, and Fleming's experienced a 30% decline, with significant impacts from capacity restrictions [31][31] - Off-premises sales represented 40% of revenue at Outback and 46% at Carrabba's during Q4, highlighting the importance of this channel [30][30] Market Data and Key Metrics Changes - The Brazil business showed significant improvement, with comparable sales down 15% in Q4 compared to a 55% decline in Q3, aided by easing dining restrictions [33][33] - In the US, 99% of the portfolio was open for some level of in-restaurant dining as of January 2021, contributing to improved sales trends [39][39] Company Strategy and Development Direction - The company aims to leverage off-premises sales growth, with a focus on maintaining high volumes even as dining rooms reopen [10][10] - A national rollout of the virtual brand Tender Shack is expected to generate $75 million in incremental annual sales, enhancing the off-premises business [24][24] - The company is committed to margin improvement through operational efficiencies and cost-saving initiatives, targeting an adjusted operating margin of 6.3% to 6.8% once sales return to 2019 levels [53][53] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ability to capture market share and improve profitability as consumer confidence returns and dining restrictions ease [21][21] - The company anticipates a strong start to 2021, driven by pent-up consumer demand and continued strength in off-premises sales [12][12] - Management highlighted the importance of adapting to the changing landscape and delivering exceptional customer experiences, both in-restaurant and off-premises [23][23] Other Important Information - The company expects commodity inflation to be flat in 2021, with labor inflation projected at 3% to 3.5% [44][44] - General and administrative expenses are expected to be between $225 million and $230 million, reflecting a modest increase from 2020 [45][45] - The company plans to open 20 to 25 new locations in 2021, primarily in Brazil, and will focus on debt reduction using excess cash flow [47][40] Q&A Session Summary Question: How does the company measure the opportunity to retain to-go sales? - Management indicated that the off-premises business has been built over years and is seen as largely incremental, with a focus on total revenue per channel [57][57] Question: What are the margins for the to-go versus in-restaurant sales? - Management noted that curbside sales margins are nearly as good as in-restaurant, while delivery margins are slightly lower but still healthy [59][59] Question: What is the current performance in various markets? - Management reported positive comparable sales in states like Georgia and Texas, while California has shown variability due to restrictions [78][78] Question: What is the outlook for the Brazil business? - Management expressed confidence in the Brazil market, noting strong market share and profitability, while considering all options for the business [82][82] Question: What are the conditions necessary to achieve the 7.5% margin target? - Management indicated that achieving the 7.5% margin target will depend on further efficiencies and higher average unit volumes, with a gradual approach expected [89][89]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 27, 2020 or ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission File Number: 001-35625 BLOOMIN' BRANDS, INC. (Exact name of registrant as specified in its charter) Delaware 20-8023465 (State o ...