Bloomin' Brands Inc. BLMN is the parent company of a diverse group of restaurants, including Outback Steakhouse, Carrabba's Italian Grill, Bonefish Grill, and Fleming's Prime Steakhouse & Wine Bar. I'll comment on the relevance of that later, but right now, growth is slowing to a crawl, and inflation is taking a bite out of the company's earnings. That's the takeaway from the company's second-quarter earnings report released on August 6, 2024. The company delivered revenue of $1.12 billion, which was only a ...

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 30, 2024 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 (BLMN) reported $1.12 billion in revenue for the quarter ended June 2024, representing a year-over-year decline of 2.9%. EPS of $0.51 for the same period compares to $0.74 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $1.13 billion, representing a surprise of -0.78%. The company delivered an EPS surprise of -10.53%, with the consensus EPS estimate being $0.57. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall ...

Bloomin’ Brands, Inc. (NASDAQ:BLMN) Q2 2024 Earnings Conference Call August 6, 2024 8:15 AM ET Company Participants Tara Kurian - Vice President, Corporate Finance and IR David Deno - Chief Executive Officer Michael Healy - Executive Vice President and CFO Conference Call Participants Jeffrey Bernstein - Barclays Alex Slagle - Jefferies Jeff Farmer - Gordon Haskett Brian Mullan - Piper Sandler Andrew Strelzik - BMO Operator Greetings. And welcome to the Bloomin’ Brands Fiscal Second Quarter 2024 Earnings Co ...

Bloomin' Brands (BLMN) came out with quarterly earnings of $0.51 per share, missing the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.74 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -10.53%. A quarter ago, it was expected that this owner of Outback Steakhouse and other casual dining spots would post earnings of $0.75 per share when it actually produced earnings of $0.70, delivering a surprise ...

NEWS Exhibit 99.1 Tara Kurian VP, Corporate Finance and Investor Relations (813) 830-5311 Bloomin' Brands Announces 2024 Q2 Financial Results Q2 Diluted EPS of $0.32 and Q2 Adjusted Diluted EPS of $0.51 Updates Full Year 2024 Guidance TAMPA, Fla., August 6, 2024 - Bloomin' Brands, Inc. (Nasdaq: BLMN) today reported results for the second quarter 2024 ("Q2 2024") compared to the second quarter 2023 ("Q2 2023"). CEO Comments "In the second quarter, the casual dining industry was softer than anticipated," said ...

Wall Street expects a year-over-year decline in earnings on lower revenues when Bloomin' Brands (BLMN) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 6. O ...

On Wall Street, the allure of high-growth small-cap stocks is undeniable. The potential for explosive returns can be a powerful motivator for investors seeking to outperform the market. These smaller companies, typically valued under $2 billion, have the ability to disrupt established markets. However, with this potential comes greater risk. Unlike their large-cap counterparts, small-cap stocks can be more volatile and susceptible to market fluctuations. In early May, BLMN reported mixed first-quarter 2024 ...

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Bloomin’ Brands, Inc. (NASDAQ:BLMN) Q1 2024 Earnings Conference Call May 7, 2024 8:00 AM ET Company Participants Tara Kurian - Vice President of Corporate Finance and Investor Relations David Deno - Chief Executive Officer Michael Healy - Chief Financial Officer and Executive Vice President, Global Business Development Conference Call Participants Jeffrey Bernstein - Barclays Capital LLC Alexander Slagle - Jefferies Group LLC John Ivankoe - JPMorgan Chase & Co. Sharon Zackfia - William Blair & Company, LLC ...