UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (Mark One) ☒ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ FORM 10-K Commission File Number: 001-35625 BLOOMIN' BRANDS Table of Contents BLOOMIN' BRANDS, INC. CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY ...

Bloomin' Brands, Inc. (NASDAQ:BLMN) Q4 2023 Earnings Conference Call February 23, 2024 8:00 AM ET Company Participants Tara Kurian - VP, Corporate Finance and IR David Deno - CEO Chris Meyer - EVP and CFO Conference Call Participants Jeffrey Bernstein - Barclays Alex Slagle - Jefferies John Ivankoe - JP Morgan Sharon Zackfia - William Blair Jeff Farmer - Gordon Haskett Sara Senatore - Bank of America Brian Harbour - Morgan Stanley Lauren Silberman - Deutsche Bank Brian Vaccaro - Raymond James Brian Mullan - ...

For the quarter ended December 2023, Bloomin' Brands (BLMN) reported revenue of $1.19 billion, up 9.1% over the same period last year. EPS came in at $0.75, compared to $0.68 in the year-ago quarter.The reported revenue represents a surprise of -0.15% over the Zacks Consensus Estimate of $1.2 billion. With the consensus EPS estimate being $0.68, the EPS surprise was +10.29%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ...

Key PointsBloomin' Brands had a solid quarter and widened margins, aiding the capital return outlook. The share repurchase authorization was increased and may reduce the share count significantly in 2024.Activist investors are involved with the company and may help it to blossom this year.  5 stocks we like better than Bloomin' BrandsBloomin’ Brands NASDAQ: BLMN served mixed results for Q4 and provided tepid guidance, but repositioning efforts have the restaurant stock set up to blossom in 2024. A massive c ...

Bloomin' Brands (BLMN) came out with quarterly earnings of $0.75 per share, beating the Zacks Consensus Estimate of $0.68 per share. This compares to earnings of $0.68 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10.29%. A quarter ago, it was expected that this owner of Outback Steakhouse and other casual dining spots would post earnings of $0.41 per share when it actually produced earnings of $0.44, delivering a surprise o ...

TAMPA, Fla.--(BUSINESS WIRE)--Bloomin’ Brands, Inc. (Nasdaq: BLMN) today reported results for the fourth quarter 2023 (“Q4 2023”) and fiscal year ended December 31, 2023 (“Fiscal Year 2023”) compared to the fourth quarter 2022 (“Q4 2022”) and the fiscal year ended December 25, 2022 (“Fiscal Year 2022”). In 2023, the fourth quarter and fiscal year included an additional operating week (“53rd week”) compared to Fiscal Year 2022. CEO Comments “The fourth quarter was a good finish to 2023, especially the hol ...

Bloomin' Brands Announces 2023 Q4 Financial Results Q4 Diluted EPS of $0.45 and Q4 Adjusted Diluted EPS of $0.75 Announces $350 Million Share Repurchase Authorization Provides Full Year 2024 Financial Outlook "The fourth quarter was a good finish to 2023, especially the holiday season," said David Deno, CEO. "As we head into 2024, we remain focused on elevating the guest experience that in turn will drive sales and profit growth at Outback Steakhouse and all of our brands." ___________________ (1) See non-G ...

Wall Street analysts expect Bloomin' Brands (BLMN) to post quarterly earnings of $0.68 per share in its upcoming report, which indicates no change from the year-ago quarter. Revenues are expected to be $1.2 billion, up 9.2% from the year-ago quarter.Over the last 30 days, there has been a downward revision of 0.3% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this tim ...

TAMPA, Fla.--(BUSINESS WIRE)--Bloomin’ Brands, Inc. (Nasdaq: BLMN) will release results for the fiscal fourth quarter ended December 31, 2023, on Friday, February 23, 2024, at approximately 6:45 AM EST, which will be followed by a conference call to review its financial results at 8:00 AM EST the same day. The call will be webcast live from the Company’s website at http://www.bloominbrands.com under the Investors section. A replay of this webcast will be available on the Company’s website after the call. ...

JHVEPhoto/iStock Editorial via Getty Images Although on January 2, 2024, the company entered into a Cooperation Agreement with Starboard Value (“Starboard”), which I see as a very positive development, as of the close of trading on January 22, 2024, shares of Bloomin’ Brands (NASDAQ:BLMN) are down 6.5% this year. Last year, on Friday, August 18, Bloomin’ Brands stock jumped 8.7% following a report that Starboard accumulated 9.9% of the company’s shares. Being undervalued to start with, and now having Sta ...