secwatch.observer — SEC 8-K summary
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Issuer:     Bloomin' Brands, Inc. (BLMN)
CIK:        0001546417
Form:       8-K
Filed at:   2024-02-23T23:59:59+00:00
Accession:  0001546417-24-000011
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1546417/000154641724000011/0001546417-24-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1546417/000154641724000011/blmn-20240220.htm
  HTML page:      https://secwatch.observer/filing/0001546417-24-000011

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