Bloomin' Brands (BLMN) came out with quarterly earnings of $0.70 per share, missing the Zacks Consensus Estimate of $0.75 per share. This compares to earnings of $0.98 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -6.67%. A quarter ago, it was expected that this owner of Outback Steakhouse and other casual dining spots would post earnings of $0.68 per share when it actually produced earnings of $0.75, delivering a surprise o ...

Bloomin' Brands Announces 2024 Q1 Financial Results Q1 Diluted EPS of $(0.96) and Q1 Adjusted Diluted EPS of $0.70 Retired $83.6M of Convertible Notes "The first quarter was a solid start to the year, as sales and profit met our expectations," said David Deno, CEO. "After a slower start, sales trends strengthened throughout the quarter. Our sales performance is well ahead of the casual dining industry as our marketing and operations initiatives are paying off, especially at Outback." ___________________ (1) ...

In its upcoming report, Bloomin' Brands (BLMN) is predicted by Wall Street analysts to post quarterly earnings of $0.75 per share, reflecting a decline of 23.5% compared to the same period last year. Revenues are forecasted to be $1.2 billion, representing a year-over-year decrease of 3.5%.The current level reflects a downward revision of 0.8% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial ...

Key PointsBloomin' Brands cleared a cup-with-handle base, with recent price momentum supported by higher-than-average trading volume.Activist Investor Starboard Value took a significant stake in the company and named two board members.The recent rally followed the company's announcement that it would close 41 underperforming locations, with plans to open as many new locations this year. 5 stocks we like better than Bloomin' BrandsBloomin’ Brands Inc. NASDAQ: BLMN is among the latest in a series of companies ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (Mark One) ☒ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ FORM 10-K Commission File Number: 001-35625 BLOOMIN' BRANDS Table of Contents BLOOMIN' BRANDS, INC. CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY ...

Bloomin' Brands, Inc. (NASDAQ:BLMN) Q4 2023 Earnings Conference Call February 23, 2024 8:00 AM ET Company Participants Tara Kurian - VP, Corporate Finance and IR David Deno - CEO Chris Meyer - EVP and CFO Conference Call Participants Jeffrey Bernstein - Barclays Alex Slagle - Jefferies John Ivankoe - JP Morgan Sharon Zackfia - William Blair Jeff Farmer - Gordon Haskett Sara Senatore - Bank of America Brian Harbour - Morgan Stanley Lauren Silberman - Deutsche Bank Brian Vaccaro - Raymond James Brian Mullan - ...

For the quarter ended December 2023, Bloomin' Brands (BLMN) reported revenue of $1.19 billion, up 9.1% over the same period last year. EPS came in at $0.75, compared to $0.68 in the year-ago quarter.The reported revenue represents a surprise of -0.15% over the Zacks Consensus Estimate of $1.2 billion. With the consensus EPS estimate being $0.68, the EPS surprise was +10.29%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ...

Key PointsBloomin' Brands had a solid quarter and widened margins, aiding the capital return outlook. The share repurchase authorization was increased and may reduce the share count significantly in 2024.Activist investors are involved with the company and may help it to blossom this year.  5 stocks we like better than Bloomin' BrandsBloomin’ Brands NASDAQ: BLMN served mixed results for Q4 and provided tepid guidance, but repositioning efforts have the restaurant stock set up to blossom in 2024. A massive c ...

Bloomin' Brands (BLMN) came out with quarterly earnings of $0.75 per share, beating the Zacks Consensus Estimate of $0.68 per share. This compares to earnings of $0.68 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10.29%. A quarter ago, it was expected that this owner of Outback Steakhouse and other casual dining spots would post earnings of $0.41 per share when it actually produced earnings of $0.44, delivering a surprise o ...

TAMPA, Fla.--(BUSINESS WIRE)--Bloomin’ Brands, Inc. (Nasdaq: BLMN) today reported results for the fourth quarter 2023 (“Q4 2023”) and fiscal year ended December 31, 2023 (“Fiscal Year 2023”) compared to the fourth quarter 2022 (“Q4 2022”) and the fiscal year ended December 25, 2022 (“Fiscal Year 2022”). In 2023, the fourth quarter and fiscal year included an additional operating week (“53rd week”) compared to Fiscal Year 2022. CEO Comments “The fourth quarter was a good finish to 2023, especially the hol ...