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.
Bloomin' Brands, Inc. (Nasdaq: BLMN) will report its fiscal fourth quarter and full year 2021 results on February 18, 2022, at approximately 7:00 AM EST. A conference call to discuss these results is scheduled for 8:15 AM EST the same day, with a live webcast available on the Company’s website. Bloomin' Brands operates over 1,450 casual dining restaurants, including Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill, and Fleming’s Prime Steakhouse, across 47 states and 17 countries.
Bloomin’ Brands, Inc. (Nasdaq:BLMN) has announced the promotion of Michael Healy to President of Bonefish Grill. With over 12 years at the company, Healy will focus on sustainable growth for the brand's more than 180 U.S. locations. Healy's tenure at Bloomin’ includes various leadership roles, enhancing his strategic planning capabilities. Under his leadership, Bonefish Grill received Newsweek Magazine’s award for “America’s Best Customer Service” in 2020 and 2021. Bloomin’ Brands operates over 1,450 restaurants globally.
Bloomin’ Brands (Nasdaq:BLMN) has appointed Astrid Isaacs as Chief Technology Officer. Isaacs will oversee the company’s technology strategy, including IT, Digital, and Loyalty teams, and will join the Executive Leadership Team. CEO David Deno highlighted her extensive experience in driving technology for growth and enhancing customer service. Previously, Isaacs held pivotal roles at Bloomin’ Brands and other major restaurant brands, amassing a wealth of relevant expertise. The company operates over 1,450 restaurants globally, representing a broad casual dining portfolio.
Bloomin’ Brands, Inc. (Nasdaq: BLMN) reported Q3 2021 results, showcasing a 31% increase in total revenues to $1,010.5 million, with a diluted EPS of $0.03, up from a loss of $0.20 in Q3 2020. Adjusted diluted EPS rose to $0.57, influenced by strong comparable restaurant sales growth of 18.3% at Outback Steakhouse. Despite inflationary pressures impacting margins, the company remains confident in its growth strategy. Q4 2021 guidance estimates revenues of at least $1.02B and adjusted EPS of at least $0.50.
Bloomin’ Brands, Inc. (Nasdaq: BLMN) will announce its fiscal Q3 results for the period ending September 26, 2021, on November 2, 2021, at 7:00 AM EDT. A conference call will follow at 8:15 AM EDT to discuss these results, which will be available via live webcast on the Company’s website. Bloomin’ Brands operates over 1,450 restaurants globally under brands like Outback Steakhouse and Carrabba’s Italian Grill, presenting a significant presence in the casual dining sector.
Bloomin' Brands (BLMN) reported strong Q2 2021 results, with total revenues reaching $1,077.4 million, an 86.2% increase from Q2 2020. Adjusted diluted EPS rose to $0.81, compared to $(0.74) last year. The company experienced robust U.S. comparable restaurant sales growth of 15.2% in the first four weeks of Q3 relative to 2019.
However, challenges remain, particularly in Brazil, where rising COVID-19 cases have temporarily affected in-restaurant dining capacity.
Bloomin’ Brands, Inc. (Nasdaq: BLMN) is set to announce its fiscal second-quarter results for the period ending June 27, 2021, on July 30, 2021, at approximately 7:00 AM EDT. This will be followed by a conference call scheduled at 8:30 AM EDT to discuss the financial outcomes. Stakeholders can access the live webcast on the Company’s website, with a replay available post-call. As a leading casual dining powerhouse, Bloomin’ Brands operates over 1,450 restaurants globally, showcasing its strong market presence.
Bloomin’ Brands, Inc. (Nasdaq:BLMN) has promoted Mark Graff to Senior Vice President of Business Development and Financial Planning. In this new role, Graff will oversee the business development team and maintain his financial planning responsibilities, while also joining the Executive Leadership Team. Graff has been with the company for nine years in various finance and investor relations roles. CEO David Deno emphasized that Graff will help capitalize on new growth opportunities discovered in the past 15 months.
Bloomin’ Brands, Inc. (Nasdaq:BLMN) has promoted Danielle Vona to Senior Vice President and Chief Marketing Officer. Vona, who was previously CMO for Outback Steakhouse, will join the Executive Leadership Team and oversee comprehensive marketing strategies, including brand marketing and consumer insights. With a background in senior marketing roles at PepsiCo and Sonic, her digital marketing expertise is expected to enhance the company's marketing approach. CEO David Deno emphasized Vona's role in evolving their marketing strategy.
Bloomin’ Brands (Nasdaq: BLMN) announced its Q1 2021 results, showing a diluted EPS of $0.63, a significant improvement from a loss of $0.44 in Q1 2020. Total revenues decreased by 2.1% to $987.5 million, primarily due to lower international sales and restaurant closures. However, U.S. comparable restaurant sales rose by 12.6% in the first four weeks of Q2 2021 compared to 2019. The company has successfully refinanced its credit facility and issued new senior notes, evidencing positive cash flow and operational improvements.