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Bloomin’ Brands Announces 2024 Q3 Financial Results

Bloomin' Brands, Inc. (BLMN) 
Last bloomin' brands, inc. earnings: 2/18 07:00 am Check Earnings Report
Company Research Source: Business Wire
Q3 Diluted EPS of $0.08 and Q3 Adjusted Diluted EPS of $0.21Updates Full Year 2024 GuidanceAnnounces Strategic Re-Franchise of Brazil Operations TAMPA, Fla.--(BUSINESS WIRE)--Bloomin’ Brands, Inc. (Nasdaq: BLMN) today reported results for the third quarter 2024 (“Q3 2024”) compared to the third quarter 2023 (“Q3 2023”).CEO Comments“In my first 60 days, I have been impressed with the resiliency and capabilities of our team during two hurricanes, as well as the potential that I see in our iconic brands,” said Mike Spanos, CEO. “As I continue listening and learning during this evaluative period, it is clear to me that our path to sustainable sales and profit growth will be enabled by our team members executing a consistent and elevated guest experience, focusing first on Outback Steakhouse. Our full year guidance has been updated to reflect our results and near term trends. We are committed to improving our performance.”Spanos continued, “I am excited to announce our Brazil franchise Show less Read more
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