<span item_type="fundamental" item_id="f8f2f4032df2a7a73c4af87da88150be" counter_id="ST/US/BLMN" env="prod"></span><span item_type="announcement" item_id="645837992368018945" env="prod"></span><p>Revenue: As of FY2026 Q1, the actual value is USD 1.06 B, beating the estimate of USD 1.042 B.</p><p>EPS: As of FY2026 Q1, the actual value is USD 0.65.</p><p>EBIT: As of FY2026 Q1, the actual value is USD 59.1 M.</p><p></p><h3>Consolidated Operational Metrics</h3><h4>Income from Operations</h4><p>Income from operations for Bloomin’ Brands, Inc. was $59,103 thousand for the thirteen weeks ended March 29, 2026, an increase from $57,231 thousand in the prior year period. The operating income margin was 5.6% for the thirteen weeks ended March 29, 2026, compared to 5.5% for the same period in 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1546417/000154641726000026/blmn-20260329.htm"></span></p><h4>Net Income Attributable to Bloomin’ Brands</h4><p>Net income attributable to Bloomin’ Brands, Inc. was $55,654 thousand for the thirteen weeks ended March 29, 2026, an increase from $42,152 thousand for the thirteen weeks ended March 30, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1546417/000154641726000026/blmn-20260329.htm"></span></p><h4>Restaurant-Level Operating Margin</h4><p>Restaurant-level operating income was $145,390 thousand for the thirteen weeks ended March 29, 2026, compared to $142,828 thousand for the thirteen weeks ended March 30, 2025. The restaurant-level operating margin was 14.0% for the thirteen weeks ended March 29, 2026, up from 13.9% in the prior year period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1546417/000154641726000026/blmn-20260329.htm"></span></p><h4>Costs and Expenses (as a percentage of Restaurant sales or Total revenues)</h4><ul><li><strong>Food and beverage:</strong> 30.5% for the thirteen weeks ended March 29, 2026, compared to 30.4% for the prior year period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1546417/000154641726000026/blmn-20260329.htm"></span></li><li><strong>Labor and other related:</strong> 30.7% for the thirteen weeks ended March 29, 2026, compared to 30.6% for the prior year period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1546417/000154641726000026/blmn-20260329.htm"></span></li><li><strong>Other restaurant operating:</strong> 24.8% for the thirteen weeks ended March 29, 2026, compared to 25.1% for the prior year period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1546417/000154641726000026/blmn-20260329.htm"></span></li><li><strong>Depreciation and amortization:</strong> 4.4% for the thirteen weeks ended March 29, 2026, compared to 4.2% for the prior year period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1546417/000154641726000026/blmn-20260329.htm"></span></li><li><strong>General and administrative:</strong> 4.9% for the thirteen weeks ended March 29, 2026, compared to 5.8% for the prior year period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1546417/000154641726000026/blmn-20260329.htm"></span></li><li><strong>Provision for impaired assets and restaurant closings:</strong> 0.5% for the thirteen weeks ended March 29, 2026, compared to less than 0.1% for the prior year period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1546417/000154641726000026/blmn-20260329.htm"></span></li></ul><h3>Segmented Financial Metrics</h3><h4>U.S. Segment</h4><ul><li><strong>Total revenues:</strong> $1,042,453 thousand for the thirteen weeks ended March 29, 2026, compared to $1,030,903 thousand for the thirteen weeks ended March 30, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1546417/000154641726000026/blmn-20260329.htm"></span></li><li><strong>Restaurant sales:</strong> $1,032,191 thousand for the thirteen weeks ended March 29, 2026, compared to $1,020,130 thousand for the prior year period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1546417/000154641726000026/blmn-20260329.htm"></span></li><li><strong>Franchise and other revenues:</strong> $10,262 thousand for the thirteen weeks ended March 29, 2026, compared to $10,773 thousand for the prior year period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1546417/000154641726000026/blmn-20260329.htm"></span></li><li><strong>Income from operations:</strong> $88,016 thousand for the thirteen weeks ended March 29, 2026, compared to $87,670 thousand for the prior year period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1546417/000154641726000026/blmn-20260329.htm"></span></li><li><strong>Operating income margin:</strong> 8.4% for the thirteen weeks ended March 29, 2026, compared to 8.5% for the prior year period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1546417/000154641726000026/blmn-20260329.htm"></span></li><li><strong>Depreciation and amortization:</strong> $44,034 thousand for the thirteen weeks ended March 29, 2026, compared to $41,613 thousand for the prior year period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1546417/000154641726000026/blmn-20260329.htm"></span></li><li><strong>Capital expenditures:</strong> $24,165 thousand for the thirteen weeks ended March 29, 2026, compared to $39,297 thousand for the prior year period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1546417/000154641726000026/blmn-20260329.htm"></span></li></ul><h4>International Franchise Segment</h4><ul><li><strong>Total revenues:</strong> $7,570 thousand for the thirteen weeks ended March 29, 2026, compared to $9,283 thousand for the prior year period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1546417/000154641726000026/blmn-20260329.htm"></span></li><li><strong>Income from operations:</strong> $7,336 thousand for the thirteen weeks ended March 29, 2026, compared to $9,004 thousand for the prior year period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1546417/000154641726000026/blmn-20260329.htm"></span></li><li><strong>Total segment expenses:</strong> $234 thousand for the thirteen weeks ended March 29, 2026, compared to $279 thousand for the prior year period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1546417/000154641726000026/blmn-20260329.htm"></span></li></ul><h3>Other Key Operational Metrics</h3><h4>Restaurant Count (as of March 29, 2026 vs. March 30, 2025)</h4><ul><li><strong>U.S. Total:</strong> 1,088 restaurants (1,113 in 2025).<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1546417/000154641726000026/blmn-20260329.htm"></span></li><li><strong>International Franchise Total:</strong> 354 restaurants (343 in 2025).<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1546417/000154641726000026/blmn-20260329.htm"></span></li><li><strong>System-wide Total:</strong> 1,452 restaurants (1,466 in 2025), with 962 Company-owned (980 in 2025) and 490 Franchised (486 in 2025).<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1546417/000154641726000026/blmn-20260329.htm"></span></li></ul><h4>Comparable Restaurant Sales (YoY Percentage Change)</h4><ul><li><strong>Combined U.S.:</strong> 0.9% for the thirteen weeks ended March 29, 2026, compared to -0.5% for the prior year period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1546417/000154641726000026/blmn-20260329.htm"></span><ul><li>Outback Steakhouse: -0.3% (from -1.3%).<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1546417/000154641726000026/blmn-20260329.htm"></span></li><li>Carrabba’s Italian Grill: 1.3% (from 1.4%).<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1546417/000154641726000026/blmn-20260329.htm"></span></li><li>Bonefish Grill: 6.1% (from -4.0%).<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1546417/000154641726000026/blmn-20260329.htm"></span></li><li>Fleming’s Prime Steakhouse &amp; Wine Bar: 0.8% (from 5.1%).<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1546417/000154641726000026/blmn-20260329.htm"></span></li></ul></li></ul><h4>Traffic (YoY Percentage Change)</h4><ul><li><strong>Combined U.S.:</strong> -1.8% for the thirteen weeks ended March 29, 2026, compared to -3.9% for the prior year period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1546417/000154641726000026/blmn-20260329.htm"></span></li></ul><h4>Average Check Per Person (YoY Percentage Change)</h4><ul><li><strong>Combined U.S.:</strong> 2.7% for the thirteen weeks ended March 29, 2026, compared to 3.4% for the prior year period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1546417/000154641726000026/blmn-20260329.htm"></span></li></ul><h3>Cash Flows</h3><ul><li><strong>Net cash provided by operating activities:</strong> $75,299 thousand for the thirteen weeks ended March 29, 2026, compared to $73,465 thousand for the prior year period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1546417/000154641726000026/blmn-20260329.htm"></span></li><li><strong>Net cash used in investing activities:</strong> - $25,182 thousand for the thirteen weeks ended March 29, 2026, compared to $39,733 thousand provided by investing activities in the prior year.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1546417/000154641726000026/blmn-20260329.htm"></span></li><li><strong>Net cash used in financing activities:</strong> - $38,243 thousand for the thirteen weeks ended March 29, 2026, compared to - $125,240 thousand in the prior year period.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1546417/000154641726000026/blmn-20260329.htm"></span></li><li><strong>Cash and cash equivalents:</strong> $71,300 thousand as of March 29, 2026.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1546417/000154641726000026/blmn-20260329.htm"></span></li><li><strong>Working capital deficit:</strong> - $591,075 thousand as of March 29, 2026, compared to - $609,008 thousand as of December 28, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1546417/000154641726000026/blmn-20260329.htm"></span></li></ul><h3>Other Financial Data</h3><ul><li><strong>Long-term debt, net:</strong> $752,605 thousand as of March 29, 2026, compared to $787,425 thousand as of December 28, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1546417/000154641726000026/blmn-20260329.htm"></span></li><li><strong>Unearned revenue (total):</strong> $321,388 thousand as of March 29, 2026, compared to $377,933 thousand as of December 28, 2025.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1546417/000154641726000026/blmn-20260329.htm"></span></li><li><strong>Available unused borrowing capacity:</strong> $728,700 thousand under the revolving credit facility as of March 29, 2026.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1546417/000154641726000026/blmn-20260329.htm"></span></li></ul><h3>Future Outlook and Strategy</h3><p>Bloomin’ Brands, Inc. is implementing a turnaround strategy for Outback Steakhouse, focusing on enhancing the dine-in experience, driving brand relevancy, and fostering an ownership culture, supported by investments and productivity savings. The company projects capital expenditures between $185 million and $195 million for 2026 and expects to maintain compliance with its debt covenants for the next 12 months and beyond.<span class="superscript" item_id="0" item_type="announcement_file" value="1" url="https://www.sec.gov/Archives/edgar/data/1546417/000154641726000026/blmn-20260329.htm"></span></p>

Bloomin Brands | 10-Q: FY2026 Q1 Revenue Beats Estimate at USD 1.06 B