earnings
confidence high
sentiment positive
materiality 0.75
Bloomin' Brands Q1 EPS $0.73 beats prior year; raises full-year adjusted EPS guidance to $2.45-$2.55
Bloomin' Brands, Inc.
2022-Q1 EPS reported
$0.73
revenue$1,140,535,000
- Q1 revenue $1.14B (+15.5% YoY); U.S. comp sales +14.0%; diluted EPS $0.73 (adj. $0.80) vs. $0.63 ($0.72) YoY.
- FY2022 guidance raised: revenue $4.35-$4.40B, adj. EPS $2.45-$2.55 (prior $2.35-$2.45).
- Q2 outlook: revenue $1.1-$1.13B, adj. EPS $0.60-$0.65.
- Board declared $0.14/share dividend payable May 25; $125M buyback authorized, $99M remaining.
- Credit facility expanded to $1.0B revolver; transition to SOFR; total debt unchanged.