Bloomin' Brands Inc
NASDAQ:BLMN

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Bloomin' Brands Inc
NASDAQ:BLMN
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Price: 5.82 USD -3.48% Market Closed
Market Cap: $496m

Bloomin' Brands Inc
Investor Relations

Bloomin' Brands Inc., a staple in the casual dining sector, crafts its narrative through a robust portfolio of restaurant chains that have become household names. At the heart of this culinary empire are its flagship brands: Outback Steakhouse, Carrabba's Italian Grill, Bonefish Grill, and Fleming's Prime Steakhouse & Wine Bar. Each brand brings a distinct cultural and gastronomic flair, from the laid-back Australian charm of Outback to the Italian zest of Carrabba’s. This diversity allows Bloomin' Brands to capture a wide audience, catering to different tastes and dining experiences, whether it's a family dinner, a romantic night out, or a corporate lunch.

Behind the inviting ambiance and satisfying meals lies a well-oiled business machine focused on operational excellence and customer satisfaction. Bloomin' Brands generates revenue primarily through dine-in services, but it has also adeptly navigated the evolving landscape by enhancing its takeout and delivery options. Moreover, strategic menu pricing, marketing campaigns, and loyalty programs are smart mechanisms that bolster repeat visits and customer engagement. The company is constantly refining its supply chain to improve costs and ensure consistent quality, thus maintaining a competitive edge in a crowded market. Through these ventures, Bloomin' Brands continues to tell a story of resilience and adaptation, thriving in a highly competitive industry by serving not just food but enjoyable experiences.

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Last Earnings Call
Fiscal Period
Q4 2025
Call Date
Feb 25, 2026
AI Summary
Q4 2025

Revenue: Q4 revenue was $975 million, up slightly from $972 million last year.

Traffic Outperformance: U.S. traffic grew 0.5% in Q4, beating industry benchmarks by 190 basis points and marking the first quarter of industry outperformance in 2025.

Comp Sales: Q4 U.S. comparable sales were flat; Outback saw comps down 0.6% but positive traffic for the first time since 2021.

Margins: Q4 adjusted operating margin was 3.4%, down 10 basis points year-over-year due to higher commodity and labor costs.

EPS: Q4 GAAP diluted loss per share was $0.14; adjusted diluted EPS was $0.26, within the $0.23–$0.28 guidance range.

Turnaround Strategy: Management highlighted steady progress in traffic, brand scores, and guest satisfaction, citing steak quality improvements and a new service model rolling out in Q2.

2026 Guidance: U.S. comp sales expected to rise 0.5–2.5%; adjusted EPS guided to $0.75–$0.90; capital expenditures forecast at $185–$195 million.

Investments & Savings: $50 million planned for 2026 turnaround investments, offset by $30 million in non-guest-facing productivity gains; marketing spend to increase mid-to-high 2% of sales, mostly in the back half.

Key Financials
Revenue
$975 million
U.S. Comparable Restaurant Sales
flat
U.S. Traffic
up 50 basis points
Outback Comparable Sales
down 60 basis points
Outback Traffic
up 90 basis points
Carrabba's Comparable Sales
up 160 basis points
Carrabba's Traffic
down 90 basis points
Bonefish Comparable Sales
down 10 basis points
Bonefish Traffic
up 230 basis points
Fleming's Comparable Sales
up 10 basis points
Fleming's Traffic
down 240 basis points
Average Check
down 50 basis points
Outback Off-Premises Sales Mix
26%
Carrabba's Off-Premises Sales Mix
35%
Off-Premises Sales (Total U.S.)
24% of total U.S. sales
GAAP Diluted EPS
-$0.14
Adjusted Diluted EPS
$0.26
Adjusted Operating Margin
3.4%
Commodity Inflation
4.7% in Q4 2025
Labor Inflation
3.2% in Q4 2025
Debt (Net of Cash)
$728 million
Total Debt
$787 million at year-end 2025
Leverage (Lease-Adjusted)
3.9x
Leverage (Net Debt to Adjusted EBITDA)
2.4x
Turnaround Investment (2026)
$50 million
Productivity Savings (2026)
$30 million
Productivity Savings Target (2026-2028)
$80 million
Adjusted Tax Benefit (2026)
$15–18 million
Remodel Investment per Outback
$350,000–$400,000 per location
Annual Maintenance CapEx
$75 million
New Units Expected to Open (2026)
6 to 8
Advertising Spend (2025)
2.4% of revenue for full year; 2.2% in Q4
Brazil EMI Ownership Impact (2026)
negative $3 million to negative $4 million
Q1 2026 U.S. Comparable Sales Guidance
flat to up 1%
Q1 2026 Adjusted Diluted EPS Guidance
$0.57 to $0.62
Earnings Call Recording
Other Earnings Calls

Management

Ms. Kelly M. Lefferts
Executive VP, Chief Legal Officer & Secretary
No Bio Available
Mr. Michael Spanos
CEO & Director
No Bio Available
Mr. William Michael Healy
CFO & Executive VP of Global Business Development
No Bio Available
Mr. Philip Pace
Senior VP & Chief Accounting Officer
No Bio Available
Tara Kurian
Vice President of Corporate Financial & Investor Relations
No Bio Available
Mr. Gagan Sinha
Chief Information Officer
No Bio Available
Ms. Suzann Trevisan
Senior VP & Chief Human Resources Officer
No Bio Available
Mr. Mark Graff
Executive VP and President of Bonefish Grill & Fine Dining
No Bio Available
Mr. Pierre Albert Berenstein
Executive VP & Chief Customer Officer
No Bio Available
Ms. Lissette Gonzalez
Executive VP and Chief Supply Chain & Operations Excellence Officer
No Bio Available

Contacts

Address
FLORIDA
Tampa
2202 N West Shore Blvd Ste 500
Contacts
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