secwatch.observer — SEC 8-K summary
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Issuer:     Bloomin' Brands, Inc. (BLMN)
CIK:        0001546417
Form:       8-K
Filed at:   2023-02-16T23:59:59+00:00
Accession:  0001546417-23-000007
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bloomin' Brands Q4 adj EPS $0.68, revenue $1.095B; raises dividend 71%, new $125M buyback
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- Q4 diluted EPS $0.61 GAAP, $0.68 adjusted, vs. $0.59/$0.60 in year-ago quarter. Revenue $1,095.0M (+4.6% YoY).
- U.S. comparable restaurant sales +1.4% vs 2021; Brazil Outback +15.3% (ex-currency). GAAP operating margin 7.7% vs 7.5%.
- Board declares quarterly dividend of $0.24/share, a 71% increase from prior dividend; payable Mar 15, 2023 to holders of record Mar 1.
- Authorizes new $125M share repurchase program expiring Aug 7, 2024; completed $124M in buybacks through Feb 15, 2023 under prior plan.
- FY 2023 guidance: U.S. comps +2-4%, adjusted EPS $2.91-$3.00, including $0.25 Brazil tax benefit and ~$0.14 from 53rd week.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1546417/000154641723000007/0001546417-23-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1546417/000154641723000007/blmn-20230216.htm
  HTML page:      https://secwatch.observer/filing/0001546417-23-000007

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer