Welcome to our dedicated page for Bloomin' Brands news (Ticker: BLMN), a resource for investors and traders seeking the latest updates and insights on Bloomin' Brands stock.
Bloomin’ Brands, Inc. reports news centered on its casual dining restaurant portfolio, including Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill and Fleming’s Prime Steakhouse & Wine Bar. Company updates commonly cover quarterly and annual financial results, earnings calls, comparable sales commentary, restaurant-level execution, guest experience initiatives and strategic investments in the brand portfolio.
Recurring announcements also address turnaround and restructuring activities, asset impairments and restaurant closing costs, dividends, board composition and executive or compensation-related governance matters. The company’s releases frame performance across owned, operated and franchised restaurants in U.S. and international markets.
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Bloomin’ Brands, Inc. (Nasdaq: BLMN) is set to release its financial results for the fiscal first quarter ending March 26, 2023, on April 28, 2023, at 7:00 AM EDT. Following this, a conference call will be held at 8:15 AM EDT to discuss the results in detail.
The company operates over 1,450 restaurants across 47 states, Guam, and 13 countries under brands like Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill, and Fleming’s Prime Steakhouse and Wine Bar. For updates, interested parties can access the webcast on the company's website.
Bloomin’ Brands (BLMN) reported Q4 2022 diluted EPS of $0.61, up from $0.59 in Q4 2021, while adjusted diluted EPS increased to $0.68 from $0.60. For fiscal 2022, diluted EPS fell to $1.03 compared to $2.00 in 2021, with adjusted diluted EPS at $2.52, down from $2.70. Total revenues rose 4.6% to $1.095 billion in Q4 2022. The company declared a 71% increase in its quarterly cash dividend to $0.24 per share and authorized a new $125 million share repurchase program. The 2023 outlook includes projected diluted EPS of $2.80 to $2.89, supported by benefits from Brazilian tax legislation expected to contribute $23 million to earnings.