Bloomin' Brands, Inc. (NASDAQ:BLMN) will release results for the fiscal third quarter ended September 29, 2024, on Friday, November 8, 2024, at approximately 7:00 AM EST, which will be followed by a conference call to review its financial results at 8:30 AM EST the same day. The call will be webcast live from the Company's website at http://www.bloominbrands.com under the Investors section. A replay of this webcast will be available on the Company's website after the call. About Bloomin' Brands, Inc. Bloomin' Brands, Inc. is one of the largest casual dining restaurant companies in the world with a portfolio of leading, differentiated restaurant concepts. The Company has four founder-insp

Q2 Diluted EPS of $0.32 and Q2 Adjusted Diluted EPS of $0.51 Updates Full Year 2024 Guidance Bloomin' Brands, Inc. (NASDAQ:BLMN) today reported results for the second quarter 2024 ("Q2 2024") compared to the second quarter 2023 ("Q2 2023"). CEO Comments "In the second quarter, the casual dining industry was softer than anticipated," said David Deno, CEO. "While our comparable sales growth outpaced the industry in Q2, we did not meet our expectations. We are very focused on developing a path to sustainable growth at Outback and are making progress in improving the guest experience, providing meaningful value, and enhancing customer and digital capabilities. Our full year guidance has b

Bloomin' Brands, Inc. (NASDAQ:BLMN) will release results for the fiscal second quarter ended June 30, 2024, on Tuesday, August 6, 2024, at approximately 7:00 AM EDT, which will be followed by a conference call to review its financial results at 8:15 AM EDT the same day. The call will be webcast live from the Company's website at http://www.bloominbrands.com under the Investors section. A replay of this webcast will be available on the Company's website after the call. About Bloomin' Brands, Inc. Bloomin' Brands, Inc. is one of the largest casual dining restaurant companies in the world with a portfolio of leading, differentiated restaurant concepts. The Company has four founder-inspir

Q1 Diluted EPS of $(0.96) and Q1 Adjusted Diluted EPS of $0.70 Retired $83.6M of Convertible Notes Bloomin' Brands, Inc. (NASDAQ:BLMN) today reported results for the first quarter 2024 ("Q1 2024") compared to the first quarter 2023 ("Q1 2023"). CEO Comments "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." Diluted EPS and Adjusted Diluted EPS The following table reconciles Diluted (loss) earnings per

Bloomin' Brands, Inc. (NASDAQ:BLMN) will release results for the fiscal first quarter ended March 31, 2024, on Tuesday, May 7, 2024, at approximately 6:45 AM EDT, which will be followed by a conference call to review its financial results at 8:00 AM EDT the same day. The call will be webcast live from the Company's website at http://www.bloominbrands.com under the Investors section. A replay of this webcast will be available on the Company's website after the call. About Bloomin' Brands, Inc. Bloomin' Brands, Inc. is one of the largest casual dining restaurant companies in the world with a portfolio of leading, differentiated restaurant concepts. The Company has four founder-inspired

Q4 Diluted EPS of $0.45 and Q4 Adjusted Diluted EPS of $0.75 Announces $350 Million Share Repurchase Authorization Provides Full Year 2024 Financial Outlook 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 holiday season," said David Deno, CEO. "As we head into 202

Bloomin' Brands, Inc. (NASDAQ:BLMN) will release results for the fiscal fourth quarter ended December 31, 2023, on Friday, February 23, 2024, at approximately 6:45 AM EST, which will be followed by a conference call to review its financial results at 8:00 AM EST the same day. The call will be webcast live from the Company's website at http://www.bloominbrands.com under the Investors section. A replay of this webcast will be available on the Company's website after the call. About Bloomin' Brands, Inc. Bloomin' Brands, Inc. is one of the largest casual dining restaurant companies in the world with a portfolio of leading, differentiated restaurant concepts. The Company has four founder-

Q3 Diluted EPS of $0.45, up 32% from Q3 2022 Q3 Adjusted Diluted EPS of $0.44, up 26% from Q3 2022 Updates 2023 Guidance for U.S. Comparable Restaurant Sales and EPS Bloomin' Brands, Inc. (NASDAQ:BLMN) today reported results for the third quarter 2023 ("Q3 2023") compared to the third quarter 2022 ("Q3 2022"). CEO Comments "We saw strong earnings per share growth in the quarter," said David Deno, CEO. "We remain focused on driving traffic and maintaining margins as we navigate the near-term sales environment. We are confident that the investments we made in food, service and technology will elevate the guest experience and lead to sustainable, long-term sales and profit growth." Di

Bloomin' Brands, Inc. (NASDAQ:BLMN) will release results for the fiscal third quarter ended September 24, 2023, on Friday, November 3, 2023, at approximately 6:45 AM EDT, which will be followed by a conference call to review its financial results at 8:00 AM EDT the same day. The call will be webcast live from the Company's website at http://www.bloominbrands.com under the Investors section. A replay of this webcast will be available on the Company's website after the call. About Bloomin' Brands, Inc. Bloomin' Brands, Inc. is one of the largest casual dining restaurant companies in the world with a portfolio of leading, differentiated restaurant concepts. The Company has four founder-i

Q2 Diluted EPS of $0.70 and Adjusted Diluted EPS of $0.74 Reaffirms 2023 Guidance for U.S. Comparable Restaurant Sales and EPS Bloomin' Brands, Inc. (NASDAQ:BLMN) today reported results for the second quarter 2023 ("Q2 2023") compared to the second quarter 2022 ("Q2 2022"). CEO Comments "We delivered another strong quarter of results that continues to highlight the benefits of our portfolio," said David Deno, CEO. "Earnings for the quarter were above expectations and revenues were in line. Our results reflect the investments we are making to elevate the customer experience as well as the ongoing execution of our growth strategy. We remain well positioned to deliver on our long-term goa

In the last three months, 5 analysts have published ratings on Bloomin Brands (NASDAQ:BLMN), offering a diverse range of perspectives from bullish to bearish. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 1 4 0 0 Last 30D 0 0 1 0 0 1M Ago 0 0 0 0 0 2M Ago 0 0 1 0 0 3M Ago 0 1 2 0 0 Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $25.8, along with a high estimate

Morgan Stanley analyst John Glass maintains Bloomin Brands (NASDAQ:BLMN) with a Equal-Weight and lowers the price target from $26 to $22.

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In the preceding three months, 4 analysts have released ratings for Bloomin Brands (NASDAQ:BLMN), presenting a wide array of perspectives from bullish to bearish. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 1 3 0 0 Last 30D 0 0 1 0 0 1M Ago 0 1 2 0 0 2M Ago 0 0 0 0 0 3M Ago 0 0 0 0 0 In the assessment of 12-month price targets, analysts unveil insights for Bloomin Brands, presenting an average target of $26.75, a high estimate of $30.00, and a low estimate of $24.00. This

JP Morgan analyst John Ivankoe maintains Bloomin Brands (NASDAQ:BLMN) with a Neutral and lowers the price target from $26 to $24.

In the latest quarter, 6 analysts provided ratings for Bloomin Brands (NASDAQ:BLMN), showcasing a mix of bullish and bearish perspectives. Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 2 4 0 0 Last 30D 0 1 2 0 0 1M Ago 0 0 0 0 0 2M Ago 0 0 0 0 0 3M Ago 0 1 2 0 0 Analysts have set 12-month price targets for Bloomin Brands, revealing an average target of $28.83, a high estimate of $32.00, and a low estimate of $26.00. This current average has decreased by 0.59% from the previous average price

Barclays analyst Jeffrey Bernstein maintains Bloomin Brands (NASDAQ:BLMN) with a Overweight and lowers the price target from $32 to $30.

BMO Capital analyst Andrew Strelzik maintains Bloomin Brands (NASDAQ:BLMN) with a Market Perform and lowers the price target from $29 to $27.

UBS analyst Dennis Geiger maintains Bloomin Brands (NASDAQ:BLMN) with a Neutral and lowers the price target from $30 to $26.

Bloomin’ Brands, Inc. (NASDAQ:BLMN) on Tuesday reported first-quarter adjusted earnings per share of 70 cents, missing the analyst consensus of 74 cents. Quarterly sales of $1.195 billion marginally missed the street view of $1.197 billion, decreasing 4% year over year. Quarterly results were affected by a decrease in restaurant-level operating margin, the impacts of the 2023 Closure Initiative, higher depreciation and amortization expense, and the impact of lapping the Brazil value-added tax exemption. Adjusted operating margin contracted to 7.5% from 9.7%. Adjusted restaurant-level operating margin decreased to 16% from 17.9%. According to the company, the year-ago period inclu

JP Morgan downgraded Bloomin' Brands from Overweight to Neutral and set a new price target of $26.00

Raymond James downgraded Bloomin' Brands from Strong Buy to Outperform and set a new price target of $28.00 from $29.00 previously

Deutsche Bank initiated coverage of Bloomin' Brands with a rating of Hold and set a new price target of $25.00

William Blair downgraded Bloomin' Brands from Outperform to Mkt Perform

Piper Sandler initiated coverage of Bloomin' Brands with a rating of Neutral and set a new price target of $28.00

BMO Capital Markets downgraded Bloomin' Brands from Outperform to Market Perform and set a new price target of $26.00 from $29.00 previously

BofA Securities initiated coverage of Bloomin' Brands with a rating of Neutral and set a new price target of $27.00

Gordon Haskett downgraded Bloomin' Brands from Buy to Hold

UBS initiated coverage of Bloomin' Brands with a rating of Neutral and set a new price target of $23.00

Citigroup initiated coverage of Bloomin' Brands with a rating of Neutral and set a new price target of $24.00