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 (BLMN) operates iconic casual dining concepts including Outback Steakhouse and Carrabba's Italian Grill. This page aggregates official press releases and verified news about corporate developments, financial performance, and strategic initiatives.
Investors and industry observers will find timely updates on earnings reports, leadership changes, menu innovations, and expansion plans. Our curated collection covers both domestic operations and international franchising activities, providing a holistic view of the company’s market position.
Key updates include quarterly financial results, restaurant openings, partnership announcements, and operational enhancements. Bookmark this page to track how BLMN navigates evolving consumer preferences in the competitive casual dining sector while maintaining its portfolio of differentiated brands.
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.
