earnings
confidence high
sentiment negative
materiality 0.85
Bloomin' Brands Q3 adj EPS $0.21 vs $0.41; cuts FY24 guidance; sells 67% Brazil ops for ~$243M
Bloomin' Brands, Inc.
2025-Q3 EPS
reported -$0.56
vs consensus -$0.12
▼ miss
(-353.8%)
- Q3 total revenues $1,038.8M, down 3.8% YoY; U.S. comps -1.5%, Brazil Outback -3.6%.
- GAAP diluted EPS $0.08; adjusted diluted EPS $0.21 vs $0.41 in Q3 2023.
- FY24 adjusted EPS guidance cut to $1.72-$1.82 from $2.10-$2.30; Q4 adj EPS seen $0.32-$0.42.
- Agreed to sell 67% of Brazil operations to Vinci Partners for R$1.4B ($243M), 6.5x trailing EBITDA.
- Quarterly dividend $0.24/share declared; YTD share repurchases $265.7M.