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. (NASDAQ: BLMN) is one of the largest casual dining restaurant companies in the world, with a portfolio that includes Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill and Fleming’s Prime Steakhouse & Wine Bar. The BLMN news feed on Stock Titan brings together the company’s official announcements, earnings updates and strategic disclosures in one place.
Investors and followers of Bloomin’ Brands can use this page to review the company’s quarterly and annual financial results, including discussions of restaurant sales, franchise and other revenues, restaurant-level operating margin and adjusted non-GAAP metrics. Earnings releases often highlight comparable restaurant sales for each brand, changes in operating margins, and commentary from management on operating priorities and the broader turnaround strategy, particularly for Outback Steakhouse.
News items also cover topics such as leadership and organizational changes, executive appointments, capital allocation decisions, restaurant openings and closures, and transactions involving international operations or franchise structures. For example, the company has issued releases on leadership appointments in finance, information technology, brand management and human resources, as well as on decisions to close selected U.S. restaurants and adjust its dividend policy as part of its turnaround efforts.
This page is useful for tracking how Bloomin’ Brands communicates its focus on simplifying the business, enhancing the guest experience, managing costs and investing in its restaurant base. By following the BLMN news stream, readers can see how the company’s strategy, portfolio actions and financial performance are described over time across its four major casual dining brands.
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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.
Bloomin’ Brands, Inc. (Nasdaq: BLMN) will announce its fiscal fourth quarter and year 2022 results on February 16, 2023, at approximately 7:00 AM EST. A conference call to discuss the financial outcomes will follow at 8:15 AM EST. The event will be accessible via a live webcast on the Company’s website, and a replay will be available post-call. Operating over 1,450 restaurants across 47 states and internationally, Bloomin’ Brands is a prominent player in the casual dining sector with brands such as Outback Steakhouse and Carrabba’s Italian Grill.
Bloomin’ Brands, Inc. (Nasdaq: BLMN) reported Q3 2022 results with 1.4% U.S. comparable restaurant sales growth and diluted EPS of $0.34, up from $0.03 in Q3 2021. Adjusted diluted EPS decreased to $0.35 due to inflationary pressures. Total revenues reached $1,055.8 million, a 4.5% increase year-over-year. The company declared a quarterly cash dividend of $0.14 per share, with increased full-year revenue outlook to $4.436B - $4.466B. Despite these results, margins are under pressure from rising costs.
Bloomin’ Brands, Inc. (Nasdaq: BLMN) will announce its fiscal third quarter results for the period ending September 25, 2022, on October 28, 2022, at approximately 7:00 AM EDT. A conference call to discuss these results is scheduled for the same day at 8:15 AM EDT. The call will be available via webcast on the Company’s website. Bloomin’ Brands operates over 1,450 restaurants across the U.S., Guam, and 15 other countries, featuring brands like Outback Steakhouse and Carrabba’s Italian Grill.
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