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Bloomin' Brands Inc (BLMN.OQ)

BLMN.OQ on NASDAQ Stock Exchange Global Select Market

19.05USD
22 Mar 2017
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Latest Key Developments (Source: Significant Developments)

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

Bloomin' Brands Inc reaffirms FY 2015 EPS guidance and updates FY 2015 revenue guidance; declares dividend
Tuesday, 5 May 2015 07:00am EDT 

Bloomin' Brands Inc:Reaffirms FY 2015 EPS guidance to be at least $1.27.Expects FY 2015 revenues to be at least $4.43 billion.FY 2015 EPS of $1.29 on revenue of $4.55 billion - Thomson Reuters I/B/E/S.Says on April 29 it has declared a quarterly cash dividend of $0.06 per share.The dividend is to be paid on May 27 to all stockholders of record as of the close of business on May 15.  Full Article

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