Bloomin' Brands (BLMN)
NASDAQ:BLMN
Earnings Data
Report Date
Apr 24, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.57Last Year’s EPS
0.58Same Quarter Last Year
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a cautiously optimistic tone: management highlighted clear early progress in traffic, guest satisfaction, brand scores, a successful new steak lineup, and meaningful debt reduction, supported by a structured turnaround plan and targeted 2026 investments. At the same time, the company faces near-term margin pressure from commodity and labor inflation, a Q4 GAAP loss driven by impairments, Brazil equity losses, intentional check/mix investments that moderate check growth, and weather-related near-term sales headwinds. Overall, operational momentum and a disciplined plan appear to outweigh the near-term financial and cost challenges, but execution and inflation remain risks to watch.Company Guidance
Traffic and Guest Metrics Improvement
U.S. comparable restaurant traffic up 50 basis points in Q4; Outperformed industry (Black Box) on traffic by 190 basis points in the quarter. Outback traffic up 90 basis points (first positive Outback traffic quarter since Q4 2021). Bonefish traffic improved +230 basis points. Company reported steady gains in guest metric scores and two consecutive quarters of brand score growth.
Brand Score Gains and Product Success
Outback brand trust increased 7 points year-over-year in Q4; food and service guest scores each rose ~5 points, value and atmosphere up ~3 points. New steak lineup (sirloin, bone-in ribeye, half-pound burger, 15-oz Delmonico) showed strong immediate improvements in guest satisfaction and reorder intent; sirloin tracking toward fillet reorder intent levels.
Revenue and Adjusted EPS Growth
Q4 total revenues $975 million versus $972 million prior year. Q4 adjusted diluted EPS $0.26 versus $0.22 in prior year (within guidance $0.23–$0.28).
Debt Reduction and Stronger Capital Structure
Total debt net of cash $728 million at year-end, with ~$241 million of debt repaid in 2025 and total debt reduced from over $1 billion at end of 2024 to $787 million at end of 2025. Leverage metrics improved to ~3.9x lease-adjusted net leverage and ~2.4x net debt to adjusted EBITDA.
Clear Turnaround Plan with Targeted Investments
Announced four strategic turnaround platforms (dine-in experience, brand relevancy, culture, restaurant investment) and a phased plan. 2026 investment program: ~$50 million gross investments (center-of-plate ~$25M, service/guest experience ~$7M, managing partner investments ~$8M, marketing +$10M) offset by ~$30 million non-guest-facing productivity savings for a net ~$20 million investment.
Marketing Mix and Digital Shift
Marketing mix to shift to ~60% digital / 40% linear TV in 2026 (from ~33% digital / 67% linear TV in 2025) with plans to increase marketing spend (incremental ~$10M) concentrated in back half of 2026 to support rollout cadence.
Capital Allocation and Remodel Plan
2026 capital expenditures guided to $185–$195 million, with plan to 'touch' nearly all Outback restaurants by end of 2028. Target ~100 refreshes per year over next 3 years (approx. $350k–$400k average per refresh). Expect to open 6–8 new units in 2026; maintenance CapEx ~ $75 million annually.
Operational Productivity Track Record and Targets
Delivered ~$25 million of productivity savings in 2025 and targeting ~$30 million non-guest-facing productivity in 2026. Company remains committed to a three-year target of $80 million in productivity savings from 2026–2028.
BLMN Earnings History
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 |
|---|---|---|---|
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% |
May 07, 2025 | $7.63 | $6.98 | -8.46% |
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.
FAQ
When does Bloomin' Brands (BLMN) report earnings?
Bloomin' Brands (BLMN) is schdueled to report earning on Apr 24, 2026, Before Open (Confirmed).
What is Bloomin' Brands (BLMN) earnings time?
Bloomin' Brands (BLMN) earnings time is at Apr 24, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BLMN EPS forecast?
BLMN EPS forecast for the fiscal quarter 2026 (Q1) is 0.57.
