earnings
confidence high
sentiment negative
materiality 0.80
Bloomin' Brands Q4 revenues down 8.2%; GAAP loss $0.93/sh; guides 2025 adj EPS $1.20-$1.40
Bloomin' Brands, Inc.
2024-FY EPS reported
-$1.49
revenue$3,950,475,000
- Q4 consolidated revenue $1.1B (-8.2% YoY); U.S. comp sales -1.1% (Outback -1.8%, Fleming's +3.0%).
- GAAP diluted EPS ($0.93) vs $0.45; adjusted EPS $0.38 vs $0.71; Brazil sale deconsolidated.
- Completed sale of 67% of Brazil ops to Vinci Partners on Dec 30, 2024; retained 33%.
- Declared $0.15/sh dividend payable Mar 26; repurchased 10.1M shares for $265.7M in 2024.
- FY2025 guide: adj EPS $1.20-$1.40, US comp sales (2%) to flat, capex $190M-$210M; workforce reduction.