Bloomin' Brands Q4 adj. EPS of $0.75 beats $0.68; CFO Meyer to retire; $350M buyback

Bloomin' Brands, Inc.

2023-FY EPS reported $2.56 revenue$4,671,470,000

Q4 GAAP diluted EPS $0.45 vs $0.61 YoY; adjusted diluted EPS $0.75 vs $0.68 YoY.
Total revenues $1,194.2M, +9.1% YoY, including $83.5M from 53rd week.
U.S. comparable sales flat (-0.2% combined); Outback -0.3%, Carrabba's +2.5%, Bonefish -3.0%.
Board canceled $57.5M remaining authorization, approved new $350M share repurchase program through Aug 2025.
CFO Christopher Meyer to retire in 2024; company conducting search; no disagreement with company.

item 2.02 item 5.02 item 9.01

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Departed

Christopher Meyer

Chief Financial Officer

BLMN · Bloomin' Brands, Inc.

Filed: February 23, 2024, 6:59 PM ET

On February 20, 2024, Christopher Meyer, the Company’s Chief Financial Officer notified the Company of his intention to retire from the Company in 2024.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 1.0

Christopher Meyer departed as Chief Financial Officer at Bloomin' Brands, Inc..

Action: notified intention to retire
Role: Chief Financial Officer

Exact text from the filing

On February 20, 2024, Christopher Meyer, the Company’s Chief Financial Officer notified the Company of his intention to retire from the Company in 2024.

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Bloomin' Brands, Inc. filing history →

Source: SEC EDGAR

accession 0001546417-24-000011

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