earnings
confidence high
sentiment positive
materiality 0.75
Bloomin' Brands Q1 EPS $0.93 ($0.98 adj.) on revenue $1.24B; U.S. comps +5.1%
Bloomin' Brands, Inc.
2023-Q1 EPS reported
$0.93
revenue$1,244,746,000
- Diluted EPS $0.93, adjusted $0.98, up from $0.73/$0.80 in Q1 2022.
- Total revenues $1,244.7M, +9.1% YoY; operating margin 9.7% vs 9.4%.
- U.S. comparable sales +5.1%: Outback +4.9%, Carrabba's +6.7%, Bonefish +5.2%, Fleming's +3.6%.
- Reaffirmed full-year 2023 guidance; Q2 adjusted EPS outlook $0.62-$0.67.
- Quarterly dividend $0.24/share payable May 24; repurchased 1.1M shares for $27M.