Bloomin' Brands (BLMN) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date

Jul 24, 2026

Before Open (Confirmed)

Period Ending

2026 (Q2)

Consensus EPS Forecast

0.29

Last Year’s EPS

0.33

Same Quarter Last Year

Analyst Consensus

Hold

Based on 9 Analysts Ratings

Earnings Call Summary

Q1 2026

Earnings Call Date:May 06, 2026|

% Change Since:

Earnings Call Sentiment|Positive

The call conveyed a cautiously positive tone. The company showed modest revenue and adjusted EPS growth, improving guest satisfaction and clear progress on strategic initiatives (new steak lineup, service model, targeted refresh program). Several brands, notably Bonefish, delivered strong comp performance. However, meaningful near-term challenges remain: traffic declines (partly weather-related), commodity and labor inflation, slight margin compression, Brazil investment losses and leverage levels. Management reiterated guidance, emphasized early-turnaround momentum and prioritized investments in the customer experience while remaining cost conscious.

Company Guidance

For Q2 2026 management guided U.S. comparable restaurant sales of +1% to +2% and adjusted diluted EPS of $0.27–$0.32, with an expected tax benefit of $4–$5 million and a 33% Brazil equity‑method loss of roughly $1.2–$1.7 million, and reiterated full‑year 2026 guidance from February. They expect full‑year capital expenditures of $185–$195 million (Q1 capex was $25 million), plan to refresh nearly 100% of Outback locations by 2028 at an average ~$350k–$400k per restaurant, will increase marketing (≈+$10 million in H2) to low‑to‑mid‑2s% of revenue with a ~60% digital/40% linear mix, and have char‑grill capacity expansion largely complete by mid‑year. Recent operating context embedded in the guidance includes Q1 revenue of $1.06 billion, Q1 adjusted diluted EPS $0.67 (GAAP $0.64), Q1 adjusted operating margin 5.9% (vs. 6.1% LY), Q1 U.S. comps +90 bps with traffic -180 bps and average check +270 bps, off‑premises at 23% of U.S. sales, commodity inflation ~4.6% (85% of commodities locked, beef locked), labor inflation ~3.1%, total debt net of cash $681 million, and leverage of 3.8x lease‑adjusted / 2.2x net‑debt-to‑adjusted EBITDA.

Revenue and EPS Growth

Q1 total revenues of $1.06 billion, up ~1% versus $1.05 billion a year ago. GAAP diluted EPS $0.64 versus $0.50 last year; Q1 adjusted diluted EPS $0.67 versus $0.59 last year (adjusted EPS +13.6% YoY).

Positive Comparable Sales and Check Growth

U.S. comparable restaurant sales +90 basis points (0.9%) in Q1 with average check up 270 basis points (~2.7%). Company expects full-year check growth netting ~2.5%–3% per check.

Strong Brand and Guest Metric Momentum (Outback)

Outback guest metric scores improved YoY for the third consecutive quarter: brand trust +4 points, service +6 points, value +5 points, atmosphere +5 points, food +4 points and intent to return +4 points — indicating improving guest perception and loyalty.

Brand-Level Wins — Bonefish & Carrabba's

Bonefish outperformed with Q1 comparable sales +610 basis points (6.1%) and traffic +300 basis points (3.0%). Carrabba's delivered positive comparable sales +130 basis points (1.3%) and its fifth consecutive quarter of positive same-store sales growth.

Product & Service Initiatives Showing Early Success

Launched new Outback steak lineup (high top-box menu satisfaction) and rolled out a reduced peak server station ratio (4 tables per server) in April after testing; Ziosk feedback and monthly steak reviews being used to drive consistency.

Capital Allocation and Investment Plan

Q1 capital expenditures $25 million; full-year capex expected $185M–$195M. Plan to refresh nearly all Outback restaurants by end of 2028 at ~$350k–$400k per location; char-grill expansion to be completed by mid-year to support steak program.

Guidance Reiterated and Near-Term Outlook

Full-year fiscal 2026 guidance reiterated. Q2 guidance: U.S. comp sales +1% to +2%; Q2 adjusted diluted EPS $0.27–$0.32; tax benefit ~$4M–$5M; Brazil equity-method loss expected ~($1.2M) to ($1.7M) in Q2.

Bloomin' Brands (BLMN) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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BLMN Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jul 24, 2026	2026 (Q2)	0.29 / -	0.33	―	―	―
May 06, 2026	2026 (Q1)	0.57 / 0.67	0.58	15.52% (+0.09)
Feb 25, 2026	2025 (Q4)	0.24 / 0.25	0.22	13.64% (+0.03)
Nov 06, 2025	2025 (Q3)	-0.12 / -0.03	0.21	-114.29% (-0.24)
Aug 06, 2025	2025 (Q2)	0.29 / 0.33	0.51	-35.29% (-0.18)
May 07, 2025	2025 (Q1)	0.57 / 0.58	0.7	-17.14% (-0.12)	―
Feb 26, 2025	2024 (Q4)	0.37 / 0.22	0.75	-70.67% (-0.53)	―
Nov 08, 2024	2024 (Q3)	0.20 / 0.21	0.44	-52.27% (-0.23)	―
Aug 06, 2024	2024 (Q2)	0.58 / 0.51	0.74	-31.08% (-0.23)	―
May 07, 2024	2024 (Q1)	0.74 / 0.70	0.98	-28.57% (-0.28)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

BLMN Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 06, 2026	$5.76	$8.12	+40.97%
Feb 25, 2026	$5.87	$5.71	-2.73%
Nov 06, 2025	$7.23	$6.40	-11.48%
Aug 06, 2025	$8.76	$6.08	-30.67%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.