The earnings call reflected a mix of positive and negative elements. While there were notable improvements in traffic and operational efficiencies, significant challenges remain, including market share loss and increased costs. The company's proactive steps in leadership restructuring and strategic initiatives indicate a focus on long-term growth. However, lowered guidance and continued challenges at certain brands suggest a cautious outlook.

Company Guidance

During the Bloomin' Brands, Inc. second quarter 2025 earnings call, the company provided fiscal guidance indicating their adjusted diluted earnings per share for the year is expected to be between $1.00 and $1.10. The guidance reflects key factors including a tariff impact anticipated to affect restaurant level margins by approximately 20 basis points, a $6 million to $8 million expense due to increased general liability insurance costs, and an investment of around $3 million in the Outback Steakhouse turnaround efforts. The company aims to enhance steak quality, service, and value as part of the turnaround, with 42 restaurants undergoing testing to improve guest experience. Additionally, the company has committed to maintaining a lease-adjusted net leverage ratio below 3.0x following the anticipated receipt of further proceeds from the Brazil refranchising transaction. Bloomin' Brands also plans to reallocate capital from new restaurant openings to remodels, expecting to complete approximately 10 remodels this year.

Improvement in U.S. Traffic and Sales Comp

U.S. traffic saw a sequential improvement with a decline of only 2% in Q2, which is 190 basis points better than Q1. The Q2 sales comp was negative 10 basis points, showing an improvement from Q1's negative 50 basis points.

Operational Improvements

The introduction of the Aussie 3-course offering contributed significantly to traffic improvement at Outback. Menu reductions across brands have been fully implemented, leading to streamlined operations.

Carrabba's and Fleming's Sales Growth

Carrabba's achieved positive comp sales growth driven by strong off-premises sales, including catering and wine dinners. Fleming's maintained momentum with strong holiday and in-restaurant traffic.

Leadership Team Expansion

Significant leadership changes were announced, including a new Executive Vice President of Strategy and Transformation, a CFO-elect, and a new Chief Human Resources Officer to drive the company's strategic initiatives.

Stable Off-Premises Sales

Off-premises sales remained stable at 24% of total U.S. sales, consistent with last year, with Outback at 26% and Carrabba's at 35%.

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
Oct 24, 2025	2025 (Q3)	-0.11 / -	0.21	―	―	―
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)	―
Feb 23, 2024	2023 (Q4)	0.69 / 0.75	0.68	10.29% (+0.07)	―
Nov 03, 2023	2023 (Q3)	0.41 / 0.44	0.35	25.71% (+0.09)	―
Aug 01, 2023	2023 (Q2)	0.64 / 0.74	0.68	8.82% (+0.06)	―

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
Aug 06, 2025	$8.76	$6.08	-30.59%
May 07, 2025	$7.63	$6.98	-8.52%
Feb 26, 2025	$11.26	$9.37	-16.79%
Nov 08, 2024	$15.59	$14.07	-9.75%

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.