Bloomin’ Brands(BLMN) - 2022 Q4 - Annual Report
Bloomin’ Brands(BLMN)2023-02-21 16:00
Certain subsidiaries of the Company have been named in collective actions alleging violations of the Fair Labor Standards Act and state wage and hour laws. The Company believes its employees were properly paid and is defending these matters vigorously. During the thirteen weeks ended December 25, 2022, the Company accrued $5.9 million within Accrued and other current liabilities on its Consolidated Balance Sheet for these matters. The Company intends to defend itself in legal matters. Some of these matters ...