earnings
confidence high
sentiment positive
materiality 0.70
Bloomin' Brands Q2 adjusted EPS $0.74, revenue $1.15B up 2.4%; reaffirms FY outlook
Bloomin' Brands, Inc.
2023-Q2 EPS reported
$1.63
revenue$2,397,440,000
- Diluted EPS $0.70, adjusted diluted EPS $0.74 vs $0.68 a year ago.
- Total revenues $1,152.7M, +2.4% YoY; US combined comps +0.8%.
- Restaurant-level operating margin 16.4%, up 90 bps vs Q2 2022.
- Declared quarterly dividend $0.24/share, payable Aug 25, 2023; repurchased 1.8M shares for $43M in 2023.
- Q3 2023 guidance: US comps +0.5-1.5%, adjusted EPS $0.41-$0.46.