Bloomin' Brands, Inc. is upgraded to Hold after a post-earnings rally, reflecting a more balanced risk/reward profile. Outback's same-store sales growth is driven entirely by pricing, while traffic continues to decline, raising sustainability concerns. Bonefish Grill and Fleming's outperform with traffic-driven growth and value-focused menu innovations, partially offsetting Outback's challenges.
Bloomin' Brands, Inc. (BLMN) Q2 2026 Earnings Call Transcript
While the top- and bottom-line numbers for Bloomin' Brands (BLMN) give a sense of how the business performed in the quarter ended June 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Bloomin' Brands NASDAQ: BLMN reported fiscal second-quarter 2026 revenue of $1.02 billion, up 1% from $1 billion a year earlier, as positive comparable restaurant sales helped offset continued traffic pressure at several of its brands.
Bloomin' Brands (BLMN) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.33 per share a year ago.
Bloomin' Brands raised its adjusted earnings outlook after a bigger average check size helped drive higher profit in the second quarter.
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Bloomin' Brands (BLMN) delivered a better-than-expected Q1, with a 40% stock rally driven by positive comps and EPS growth. Q1 revenues rose 1.0% to $1.06B, with positive comps in all brands except Outback; Bonefish Grill led at 6.1%. Margins remained largely stable year-over-year, with adjusted EPS at $0.67, a $0.10 beat, aided by restructuring adjustments.
Bloomin' Brands, Inc. (BLMN) Q1 2026 Earnings Call Transcript
Although the revenue and EPS for Bloomin' Brands (BLMN) give a sense of how its business performed in the quarter ended March 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Bloomin' Brands (BLMN) came out with quarterly earnings of $0.67 per share, beating the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.59 per share a year ago.
Bloomin' Brands (BLMN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.