Revenue: As of FY2026 Q1, the actual value is USD 1.06 B, beating the estimate of USD 1.042 B.

EPS: As of FY2026 Q1, the actual value is USD 0.65.

EBIT: As of FY2026 Q1, the actual value is USD 59.1 M.

Consolidated Operational Metrics

Income from Operations

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.

Net Income Attributable to Bloomin’ Brands

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.

Restaurant-Level Operating Margin

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.

Costs and Expenses (as a percentage of Restaurant sales or Total revenues)

• Food and beverage: 30.5% for the thirteen weeks ended March 29, 2026, compared to 30.4% for the prior year period.
• Labor and other related: 30.7% for the thirteen weeks ended March 29, 2026, compared to 30.6% for the prior year period.
• Other restaurant operating: 24.8% for the thirteen weeks ended March 29, 2026, compared to 25.1% for the prior year period.
• Depreciation and amortization: 4.4% for the thirteen weeks ended March 29, 2026, compared to 4.2% for the prior year period.
• General and administrative: 4.9% for the thirteen weeks ended March 29, 2026, compared to 5.8% for the prior year period.
• Provision for impaired assets and restaurant closings: 0.5% for the thirteen weeks ended March 29, 2026, compared to less than 0.1% for the prior year period.

Segmented Financial Metrics

U.S. Segment

• Total revenues: $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.
• Restaurant sales: $1,032,191 thousand for the thirteen weeks ended March 29, 2026, compared to $1,020,130 thousand for the prior year period.
• Franchise and other revenues: $10,262 thousand for the thirteen weeks ended March 29, 2026, compared to $10,773 thousand for the prior year period.
• Income from operations: $88,016 thousand for the thirteen weeks ended March 29, 2026, compared to $87,670 thousand for the prior year period.
• Operating income margin: 8.4% for the thirteen weeks ended March 29, 2026, compared to 8.5% for the prior year period.
• Depreciation and amortization: $44,034 thousand for the thirteen weeks ended March 29, 2026, compared to $41,613 thousand for the prior year period.
• Capital expenditures: $24,165 thousand for the thirteen weeks ended March 29, 2026, compared to $39,297 thousand for the prior year period.

International Franchise Segment

• Total revenues: $7,570 thousand for the thirteen weeks ended March 29, 2026, compared to $9,283 thousand for the prior year period.
• Income from operations: $7,336 thousand for the thirteen weeks ended March 29, 2026, compared to $9,004 thousand for the prior year period.
• Total segment expenses: $234 thousand for the thirteen weeks ended March 29, 2026, compared to $279 thousand for the prior year period.

Other Key Operational Metrics

Restaurant Count (as of March 29, 2026 vs. March 30, 2025)

• U.S. Total: 1,088 restaurants (1,113 in 2025).
• International Franchise Total: 354 restaurants (343 in 2025).
• System-wide Total: 1,452 restaurants (1,466 in 2025), with 962 Company-owned (980 in 2025) and 490 Franchised (486 in 2025).

Comparable Restaurant Sales (YoY Percentage Change)

• Combined U.S.: 0.9% for the thirteen weeks ended March 29, 2026, compared to -0.5% for the prior year period.
  • Outback Steakhouse: -0.3% (from -1.3%).
  • Carrabba’s Italian Grill: 1.3% (from 1.4%).
  • Bonefish Grill: 6.1% (from -4.0%).
  • Fleming’s Prime Steakhouse & Wine Bar: 0.8% (from 5.1%).

Traffic (YoY Percentage Change)

• Combined U.S.: -1.8% for the thirteen weeks ended March 29, 2026, compared to -3.9% for the prior year period.

Average Check Per Person (YoY Percentage Change)

• Combined U.S.: 2.7% for the thirteen weeks ended March 29, 2026, compared to 3.4% for the prior year period.

Cash Flows

• Net cash provided by operating activities: $75,299 thousand for the thirteen weeks ended March 29, 2026, compared to $73,465 thousand for the prior year period.
• Net cash used in investing activities: - $25,182 thousand for the thirteen weeks ended March 29, 2026, compared to $39,733 thousand provided by investing activities in the prior year.
• Net cash used in financing activities: - $38,243 thousand for the thirteen weeks ended March 29, 2026, compared to - $125,240 thousand in the prior year period.
• Cash and cash equivalents: $71,300 thousand as of March 29, 2026.
• Working capital deficit: - $591,075 thousand as of March 29, 2026, compared to - $609,008 thousand as of December 28, 2025.

Other Financial Data

• Long-term debt, net: $752,605 thousand as of March 29, 2026, compared to $787,425 thousand as of December 28, 2025.
• Unearned revenue (total): $321,388 thousand as of March 29, 2026, compared to $377,933 thousand as of December 28, 2025.
• Available unused borrowing capacity: $728,700 thousand under the revolving credit facility as of March 29, 2026.

Future Outlook and Strategy

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.