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BLMN News and Press, Bloomin' Brands Inc. From 02/18/22

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Company Name: Bloomin' Brands Inc.
Stock Symbol: BLMN
Market: NASDAQ
Website: bloominbrands.com

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BLMN - Bloomin' Brands Non-GAAP EPS of $0.60 beats by $0.08, revenue of $1.05B beats by $10M; initiates FY22 guidance

Bloomin' Brands press release (NASDAQ:BLMN): Q4 Non-GAAP EPS of $0.60 beats by $0.08. Revenue of $1.05B (+29.2% Y/Y) beats by $10M. Fiscal 2022 Financial Outlook: Total revenues of $4.30B to $4.35B vs. consensus of $4.36B; EBITDA of $495M to $515M; GAAP diluted earnings per share of...

BLMN - Bloomin' Brands Announces 2021 Q4 Financial Results with Strong Operating Margin Expansion

Q4 Diluted EPS of $0.59 and Adjusted Diluted EPS of $0.60 Q4 Comparable Restaurant Sales Growth of 20.7% at Outback Steakhouse and 27.9% Combined U.S. Reinstates Quarterly Dividend and Authorizes New $125 Million Share Repurchase Program Provides Full Year 2022...

BLMN - Bloomin' Brands Q4 2021 Earnings Preview

Bloomin' Brands (NASDAQ:BLMN) is scheduled to announce Q4 earnings results on Friday, February 18th, before market open. The consensus EPS Estimate is $0.52 (+2500.0% Y/Y) and the consensus Revenue Estimate is $1.04B (+28.0% Y/Y). Over the last 2 years, BLMN has beaten EPS estimates 75% of th...

BLMN - Corvex Management exits Altice USA, Bloomin Brands

Corvex Management exited stakes in Altice USA (NYSE:ATUS) and Bloomin Brands (NASDAQ:BLMN) in Q4, according to a 13F filing. Keith Meister's Corvex also reduced its stake in Five9 Inc. (NASDAQ:FIVN). The hedge fund increased its Alphabet (NASDAQ:GOOGL) and JPMorgan (NYSE:JPM). Previously, Cor...

BLMN - Q4 2021 Retail Preview: Supply Chain Problems Continue

U.S. retailers have endured multiple supply chain disruptions during the pandemic – and the costs are huge. The pandemic has affected just about all retailers’ supply chains. The Refinitiv Restaurant Same Store Sales index took a big plunge into negative territory in...

BLMN - With Everything Considered, Bloomin' Brands Is Fairly Valued

The past few years' results show a consistent company with growing margins and international business. But the flat revenue growth rates and subpar balance sheet dim the positives. At just 7.6x, Bloomin' Brands seems to be fairly valued. For further details see: With Eve...

BLMN - Brinker International and peers gain after strong sales help leverage down elevated costs

Brinker International (NYSE:EAT) soared after sailing past consensus estimates with its FQ2 earnings report. Comparable restaurant sales were 12.1% higher for the Chili's business during the quarter and shot up 78.1% at Maggiano's against the soft pandemic comparable. Adjusted EBITDA came in ...

BLMN - Poke Foods Market Going Through Robust Growth as Consumer Demand Increases for Healthy Food Options

Palm Beach, FL – February 2, 2022 – FinancialNewsMedia.com News Commentary – The rising popularity of poke bowl has led to its robust demand, which is projected for years to come. A report from Research Reports World projected that the global Poke Foods mark...

BLMN - Bloomin' Brands, Inc. to Host Fourth Quarter and Fiscal Year 2021 Earnings Conference Call at 8:15 AM EST on February 18, 2022

Bloomin’ Brands, Inc. (Nasdaq: BLMN) will release results for the fiscal fourth quarter and full year 2021 ended December 26, 2021, on Friday, February 18, 2022, at approximately 7:00 AM EST, which will be followed by a conference call to review its financial results at 8:15 AM E...

BLMN - Michael Healy Appointed President of Bonefish Grill

Bloomin’ Brands, Inc. (Nasdaq:BLMN) today announced the promotion of Michael Healy to President of Bonefish Grill. The 12-year-veteran of the company will be responsible for long-term sustainable growth for more than 180 restaurants across the United States. Bonefish Grill receiv...

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