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Bloomin' Brands Inc (BLMN.OQ)

BLMN.OQ on NASDAQ Stock Exchange Global Select Market

19.68USD
17 Jun 2019
Change (% chg)

$-0.23 (-1.16%)
Prev Close
$19.91
Open
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Day's High
$19.94
Day's Low
$19.59
Volume
469,937
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589,666
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$23.12
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$17.08

Latest Key Developments (Source: Significant Developments)

Bloomin' Brands Reports Q1 Earnings Per Share Of $0.69
Friday, 26 Apr 2019 

April 26 (Reuters) - Bloomin' Brands Inc ::Q1 ADJUSTED EARNINGS PER SHARE $0.75.BLOOMIN’ BRANDS ANNOUNCES 2019 Q1 DILUTED EPS OF $0.69 AND ADJUSTED DILUTED EPS OF $0.75.Q1 EARNINGS PER SHARE $0.69.Q1 EARNINGS PER SHARE ESTIMATE $0.73 -- REFINITIV IBES DATA.Q1 COMPARABLE RESTAURANT SALES GROWTH OF 3.5% AT OUTBACK STEAKHOUSE.REAFFIRMS FULL-YEAR 2019 GUIDANCE, INCLUDING ADJUSTED DILUTED EPS, U.S. COMPARABLE SALES, AND MARGINS.REAFFIRMS FULL-YEAR 2019 GUIDANCE, INCLUDING ADJUSTED DILUTED EPS, U.S. COMPARABLE SALES, AND MARGINS.QTRLY COMBINED U.S. COMPARABLE RESTAURANT SALES INCREASED 2.4%.QTRLY TOTAL REVENUE $1.13 BILLION VERSUS $1.12 BILLION.Q1 REVENUE VIEW $1.12 BILLION -- REFINITIV IBES DATA.FY2019 EARNINGS PER SHARE VIEW $1.55, REVENUE VIEW $4.19 BILLION -- REFINITIV IBES DATA.Q1 GAAP OPERATING MARGIN EXPANSION OF 30 BPS AND 70 BPS ON A COMPARABLE ADJUSTED BASIS.  Full Article

Bloomin' Brands Inc Says Over Long-Term, See U.S. Comparable Restaurant Sales Growth Of About 1.5 To 2 Pct Annually
Monday, 11 Mar 2019 

March 11 (Reuters) - Bloomin' Brands Inc ::BLOOMIN' BRANDS INC - OVER LONG-TERM, SEE U.S. COMPARABLE RESTAURANT SALES GROWTH OF ABOUT 1.5 TO 2 PERCENT ANNUALLY - PRESENTATION.BLOOMIN' BRANDS INC - OVER LONG-TERM, SEE ADJUSTED OPERATING MARGIN EXPANSION OF ABOUT 50 BPS PER YEAR.BLOOMIN' BRANDS INC - OVER LONG-TERM, SEE CAPEX OF ABOUT $200 MILLION ANNUALLY.BLOOMIN' BRANDS INC - OVER LONG-TERM, SEE TOTAL SHAREHOLDER RETURN OF 10 TO 15 PERCENT ANNUALLY.  Full Article

Bloomin' Brands And Jana Partners Announce Addition Of New Independent Director To Board
Thursday, 1 Mar 2018 

Feb 28 (Reuters) - Bloomin' Brands Inc ::BLOOMIN' BRANDS, INC. AND JANA PARTNERS ANNOUNCE ADDITION OF A NEW INDEPENDENT DIRECTOR TO BOARD.BLOOMIN' BRANDS INC - JANA PARTNERS AGREES TO SUPPORT ALL NOMINEES AT 2018 ANNUAL MEETING.BLOOMIN' BRANDS INC - NEW INDEPENDENT DIRECTOR ADDED IS WENDY BECK.BLOOMIN' BRANDS INC - WITH ADDITION OF BECK, BOARD CONSISTS OF EIGHT DIRECTORS.BLOOMIN' BRANDS- IN CONNECTION WITH APPOINTMENT OF BECK, CO, JANA ENTERED INTO AGREEMENT.BLOOMIN' BRANDS INC - UNDER AGREEMENT, CO AGREED TO APPOINT WENDY BECK TO BOARD FOR TERM ENDING AT CO'S 2019 ANNUAL MEETING.BLOOMIN' BRANDS - UNDER AGREEMENT, JANA AGREED TO CUSTOMARY STANDSTILL, VOTING COMMITMENTS.  Full Article

Bloomin' Brands Q4 Earnings Per Share $0.17
Thursday, 22 Feb 2018 

Feb 22 (Reuters) - Bloomin' Brands Inc ::BLOOMIN' BRANDS ANNOUNCES 2017 Q4 DILUTED EPS OF $0.17 AND ADJUSTED DILUTED EPS OF $0.41; Q4 COMPARABLE RESTAURANT SALES GROWTH OF 4.7% AT OUTBACK WITH POSITIVE TRAFFIC OF 4.3%; Q4 COMBINED U.S. COMPARABLE RESTAURANT SALES GROWTH OF 3.3% WITH POSITIVE TRA.Q4 EARNINGS PER SHARE $0.17.Q4 EARNINGS PER SHARE VIEW $0.39 -- THOMSON REUTERS I/B/E/S.SEES 2018 EARNINGS PER SHARE $1.28 TO $1.35.SEES 2018 ADJUSTED EARNINGS PER SHARE $1.38 TO $1.45.BLOOMIN' BRANDS SEES 2018 COMBINED U.S. COMPARABLE RESTAURANT SALES UP 1-2 PERCENT.QTRLY TOTAL REVENUES $1,087.6 MILLION VERSUS $1,004.1 MLN‍​.Q4 REVENUE VIEW $1.05 BILLION -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $1.40 -- THOMSON REUTERS I/B/E/S.  Full Article

Barington Capital Sends Letter To Bloomin' Brands
Wednesday, 21 Feb 2018 

Feb 21 (Reuters) - Barington Capital Group L.P. : :BARINGTON CAPITAL GROUP L.P. SAYS IT HAS SENT A LETTER AND A DETAILED PRESENTATION TO CHAIRMAN AND CEO OF BLOOMIN' BRANDS.BARINGTON CAPITAL GROUP SAYS IN LETTER RECOMMENDED THAT BLOOMIN' IMPLEMENT A "VARIETY OF MEASURES TO IMPROVE LONG-TERM VALUE".BARINGTON CAPITAL GROUP SAYS IT IS ITS "BELIEF THAT BLOOMIN' CAN ADDRESS ITS CHALLENGES BY SPINNING OFF ITS SMALLER BRANDS INTO A NEW COMPANY".BARINGTON CAPITAL GROUP SAYS CALLS FOR CHANGES IN COMPOSITION OF BOARD OF DIRECTORS OF BLOOMIN' BRANDS.BARINGTON CAPITAL SAYS RECOMMEND BLOOMIN' BRANDS INC BOARD APPOINT AN INDEPENDENT CHAIR.BARINGTON CAPITAL SAYS BELIEVE BLOOMIN' BRANDS SHOULD CONSIDER ADDING ONE OR MORE OF THE INDIVIDUALS RECOMMENDED BY JANA PARTNERS TO ITS BOARD.  Full Article

Bloomin' Brands Says On Nov 30 Co, Unit Entered Into Credit Agreement
Wednesday, 6 Dec 2017 

Dec 5 (Reuters) - Bloomin' Brands Inc ::BLOOMIN' BRANDS SAYS ON NOV 30 CO, UNIT ENTERED INTO CREDIT AGREEMENT PROVIDING FOR SENIOR SECURED FINANCING OF UP TO $1.5 BILLION - SEC FILING.BLOOMIN' BRANDS - BORROWINGS UNDER NEW FACILITY BEAR INTEREST AT RATES RANGING FROM 1.50% TO 2.00% OVER ADJUSTED LIBOR OR 0.50% TO 1.00% OVER ABR.BLOOMIN' BRANDS INC - SENIOR SECURED FINANCING CONSIST OF A $500.0 MILLION TERM LOAN A AND A $1.0 BILLION REVOLVING CREDIT FACILITY.BLOOMIN' BRANDS INC - NEW FACILITY REPLACES COMPANY'S PRIOR $1.322 BILLION CREDIT FACILITY.BLOOMIN' BRANDS INC - MATURITY DATE FOR NEW FACILITY IS NOVEMBER 30, 2022.BLOOMIN' BRANDS INC - REVOLVING CREDIT FACILITY PROVIDES SUB-LIMITS FOR SWING-LINE LOANS OF UP TO $50.0 MILLION AND LETTERS OF CREDIT OF UP TO $75.0 MILLION.  Full Article

Bloomin' Brands Inc responds to Jana Partners statement in 13D
Thursday, 23 Nov 2017 

Nov 23 (Reuters) - Bloomin' Brands Inc :Confirmed that Jana Partners LLC has filed a schedule 13D with securities and exchange commission​.Board, management "‍will consider the perspectives" reflected in schedule 13d filed by Jana Partners LLC​.  Full Article

Bloomin' Brands says to consider "perspectives" in Jana Partners' SEC filing
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - Bloomin' Brands Inc ::Confirmed that Jana Partners Llc has filed a schedule 13D with Securities and Exchange Commission​.Board, management "‍will consider the perspectives" reflected in schedule 13d filed by Jana Partners Llc​.  Full Article

Jana Partners reports a 8.74 percent stake in Bloomin' Brands as of Nov 10
Tuesday, 21 Nov 2017 

Nov 20 (Reuters) - Jana Partners :Jana Partners reports a 8.74 percent stake in Bloomin' Brands Inc as of November 10, 2017 - SEC filing‍​.Jana Partners LLC says acquired Bloomin' Brands Inc shares because believe the shares are undervalued.‍Jana Partners says intends to discussions with Bloomin' Brands board regarding a review of strategic alternatives including exploring a sale of co.Jana Partners says discussions with Bloomin' Brands board with regard to portfolio composition; capital allocation; board composition & governance‍​.  Full Article

Bloomin' Brands Q3 earnings per share $0.05
Friday, 3 Nov 2017 

Nov 3 (Reuters) - Bloomin' Brands Inc :Bloomin' Brands announces 2017 Q3 diluted EPS of $0.05 and adjusted diluted EPS of $0.12; posts comparable restaurant sales of 0.6 pct at outback with positive traffic; updates fiscal 2017 financial outlook.Q3 earnings per share $0.05.Q3 earnings per share view $0.15 -- Thomson Reuters I/B/E/S.‍combined negative impact of hurricanes Harvey and Irma was estimated to be 1.0% to comp sales and $0.04 to diluted EPS​.Bloomin' Brands Inc qtrly ‍adj earnings per share $0.12​.Bloomin' Brands Inc sees ‍2017 adjusted earnings per share $1.31 to $1.36​.Bloomin' Brands Inc sees ‍2017 earnings per share $1.09 to $1.14​.FY 2017 earnings per share view $1.40 -- Thomson Reuters I/B/E/S.Bloomin' Brands - ‍updated some 2017 outlook due to negative impact of hurricanes Harvey & Irma, higher commodity expenses than planned​.Bloomin' Brands - ‍"although comp sales across portfolio have improved in October, we remain cautious on future industry sales trends​".Bloomin' Brands - FY guidance for combined U.S. comp. Restaurant sales, CapEx, number of new system-side restaurants unchanged from prior outlook​.  Full Article