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Bloomin' Brands Inc (BLMN.OQ)

BLMN.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Bloomin' Brands to sell and refranchise 45 outback steakhouses in four states
Friday, 28 Apr 2017 07:05am EDT 

April 28 (Reuters) - Bloomin' Brands Inc :Bloomin' Brands Inc - sale and refranchising of 45 outback steakhouses in Arizona, Colorado, Nevada and New Mexico.Bloomin' Brands, Inc refranchises 54 company-owned locations to longtime franchise partners.Bloomin' Brands Inc - sale and refranchising of 45 outback steakhouses to Cerca Trova Restaurant Concepts Inc and its affiliates.Bloomin' Brands - sale of eight outback restaurants and 1 Carrabba's Italian Grill in Montana, South Dakota, Utah & Wyoming to Evergreen Restaurant Group.  Full Article

Bloomin' Brands reports Q1 adjusted EPS of $0.54
Wednesday, 26 Apr 2017 07:00am EDT 

April 26 (Reuters) - Bloomin' Brands Inc : :Bloomin' Brands announces Q1 EPS of $0.41; adjusted EPS of $0.54; posts comparable sales at Outback Steakhouse of 1.4%; reaffirms FY17 guidance including adjusted EPS, U.S. Comparable sales; repurchases $78 million of common stock YTD .Q1 earnings per share $0.41.Qtrly reported combined u.s. Comparable restaurant sales down 0.2% including up 1.4% at Outback Steakhouse.Qtrly total revenues $1,143.8 million versus $1,164.2 million.Q1 earnings per share view $0.52, revenue view $1.13 billion -- Thomson Reuters I/B/E/S.Q1 earnings per share view $0.52 -- Thomson Reuters I/B/E/S.  Full Article

Bloomin' Brands says most of the restaurants will close in 2017
Friday, 17 Feb 2017 07:06am EST 

Bloomin' Brands Inc : Bloomin' Brands Inc - on February 15, 2017, company decided to close 43 underperforming restaurants . Bloomin' Brands - most of the restaurants will close in 2017 . Bloomin' Brands - recognized pre-tax asset impairments and closing costs of $46.5 million during thirteen weeks and fiscal year ended december 25, 2016 .Bloomin' Brands Inc - expects to incur additional charges of approximately $19.5 million to $23.5 million over next three years related to closures.  Full Article

Bloomin' Brands Q2 adjusted earnings per share $0.30
Friday, 29 Jul 2016 07:00am EDT 

Bloomin' Brands Inc : Q2 same restaurant sales rose 3.9 percent . Updated 2016 financial outlook, including updated u.s. Gaap diluted earnings per share guidance of "at least $0.75" . Sees 2016 adjusted earnings per share at least $1.35 including items . Q2 performance for brands and industry was softer than expected . Fy2016 earnings per share view $1.37 -- Thomson Reuters I/B/E/S . Bloomin' brands announces 2016 q2 diluted eps of $(0.08) and adjusted diluted eps of $0.30; . Q2 loss per share $0.08 . Q2 earnings per share view $0.29 -- Thomson Reuters I/B/E/S . Q2 adjusted earnings per share $0.30 .Sees Fy 2016 capital expenditures $235-$255 million.  Full Article

Bloomin' brands expects to record pre-tax charge related to sale of South Korean business
Monday, 25 Jul 2016 09:15am EDT 

Bloomin' Brands Inc : Says it now expects will record pre-tax charge of about $38-$42 million during 13 weeks ended June 26, 2016 related to sale of South Korean business . Correction resulted in no changes to deal terms or expected cash flows, continue to expect sale to be completed in third fiscal quarter . Correction to charge estimate primarily related to calculations of foreign currency translation adjustments for South Korea business . Foreign currency translation adjustments for South Korea business will make up approximately $21 million of pre-tax impairment charge . Correcting expectations for pre-tax impairment charge from previous range of about $9-$13 million related to sale of South Korean business . Correction to charge estimate resulted in no changes to deal terms or expected cash flows; continue to expect sale to be completed in Q3 Source: (http://bit.ly/2aFqzpi) Further company coverage: [BLMN.O] ((Bengaluru Newsroom: +1 646 223 8780;)).  Full Article

Bloomin' Brands plans to develop 26 outback steakhouse and Abbraccio restaurants in Middle East over next five years
Tuesday, 5 Jul 2016 08:30am EDT 

Bloomin' Brands Inc :Plans to develop 26 outback steakhouse and Abbraccio restaurants in Middle East over next five years.  Full Article

Bloomin' Brands Inc board approves $250 million share repurchase
Wednesday, 17 Feb 2016 07:00am EST 

Bloomin' Brands Inc:Says board approves $250 million share repurchase program.  Full Article

Bloomin' Brands Inc reaffirms FY 2015 EPS guidance; lowers FY 2015 revenue guidance
Tuesday, 3 Nov 2015 07:00am EST 

Bloomin' Brands Inc:Reaffirms FY 2015 outlook on adjusted diluted earnings per share of at least $1.27.Says FY 2015 total revenues are expected to be about $4.37 billion versus prior guidance of about $4.43 billion.  Full Article

Bloomin' Brands Inc reaffirms FY 2015 guidance
Tuesday, 4 Aug 2015 07:00am EDT 

Bloomin' Brands Inc:Says that it is reaffirming FY 2015 Adjusted diluted earnings per share guidance of at least $1.27.Sees FY 2015 total revenues to be about $4.43 billion versus prior guidance of "at least" $4.43 billion.  Full Article

Bloomin' Brands Inc resignation of Board of Directors - Form 8K
Monday, 6 Jul 2015 06:48am EDT 

Bloomin' Brands Inc:Says resignation from the Board of Directors, effective immediately, due to other commitments Humphrey has served on the Board since 2012.  Full Article

More From Around the Web

BRIEF-Bloomin' Brands to sell and refranchise 45 outback steakhouses in four states

* Bloomin' Brands Inc - sale and refranchising of 45 outback steakhouses in Arizona, Colorado, Nevada and New Mexico