Bloomin' Brands, Inc. reported the thirteen weeks ended March 29, 2026 results: revenue $ 1,059.7, EPS $ 0.64. Guidance reaffirmed.
“of diluted earnings per share adjustments for the periods presented. First Quarter Financial Results (dollars in millions, unaudited) Q1 2026 Q1 2025 CHANGE Total revenues $ 1,059.7 $ 1,049.6 1.0 % GAAP operating income margin 5.6 % 5.5 % 0.1 % Adjusted operating income margin (1) 5.9 % 6.1 % (0.2) % Restaurant-level operating margin (1) 14.0 % 13.9 % 0.1 %”
James Dinkins was appointed as Director at Bloomin' Brands, Inc..
“the Board increased the size of the Board from ten (10) directors to eleven (11) directors and appointed James Dinkins as director of the Company, effective February 12, 2025.”
Patrick Hafner was appointed as EVP, President, Outback Steakhouse at Bloomin' Brands, Inc..
“On January 8, 2025 , the Board of Directors (the “Board”) of Bloomin’ Brands, Inc. (the “Company”), appointed Patrick Hafner to serve as EVP, President, Outback Steakhouse, effective January 20, 2025.”
M&A Transactions
Bloomin' Brands, Inc. completed a disposition involving Osaka Participações Societárias S.A. for R$1.4 billion Reais (approximately $225.3 million in U.S. Dollars) (closed 2024-12-30).
“On the Closing Date, Buyer acquired 67% of the capital stock of BPar from the Seller for a purchase price of R$1.4 billion Reais (approximately $225.3 million in U.S. Dollars based on the current exchange rate), subject to customary post-closing adjustments (the “Purchase Price”).”
Brett Patterson resigned as Executive Vice President, President of Outback Steakhouse at Bloomin' Brands, Inc..
“Brett Patterson, the Company’s Executive Vice President, President of Outback Steakhouse, has resigned from the Company effective as of September 27, 2024 as he has accepted a position at another company.”
David J. Deno departed as Chief Executive Officer at Bloomin' Brands, Inc..
“Mr. Deno will retire from the Board and his role as Chief Executive Officer effective September 3, 2024 and will remain employed by the Company through December 31, 2024 as a transition period at his current rate of base salary and receive his 2024 bonus following his departure at the estimated level of Company performance.”
Michael L. "Mike" Spanos was appointed as Chief Executive Officer at Bloomin' Brands, Inc..
“On August 21, 2024 , the Board of Directors (the “Board”) of Bloomin’ Brands, Inc. (the “Company”), appointed Michael L. “Mike” Spanos to serve as a director and Chief Executive Officer, effective September 3, 2024.”
Earnings Releases
Bloomin' Brands, Inc. reported first quarter 2024 results: revenue $ 1,195.3, EPS $(0.96). Guidance reaffirmed.
“as further discussed below. See non-GAAP Measures later in this release. First Quarter Financial Results (dollars in millions, unaudited) Q1 2024 Q1 2023 CHANGE Total revenues $ 1,195.3 $ 1,244.7 (4.0) % GAAP operating income margin 6.4 % 9.7 % (3.3) % Adjusted operating income margin (1) 7.5 % 9.7 % (2.2) % Restaurant-level operating margin (1) 16.0 % 17.9 %”
David J. Deno departed as Chief Executive Officer at Bloomin' Brands, Inc..
“On May 2, 2024, David J. Deno informed the Board of Directors (the “Board”) of Bloomin’ Brands, Inc. of his intention to retire from his role as Chief Executive Officer and as a member of the Board.”
Shareholder Votes
Bloomin' Brands, Inc. shareholders rejected Stockholder proposal to adopt a stockholder right to act by written consent at the 2024-04-23 meeting.
“Stockholders did not approve a stockholder proposal to adopt a stockholder right to act by written consent, as set forth below. Votes For Votes Against Abstentions Broker Non-Votes 31,595,715 45,105,210 93,806 5,350,638”
Shareholder Votes
Bloomin' Brands, Inc. shareholders approved Advisory vote to approve the compensation of the Company’s named executive officers at the 2024-04-23 meeting.
“Stockholders approved, on a non-binding advisory basis, the compensation of the Company’s named executive officers, as set forth below. Votes For Votes Against Abstentions Broker Non-Votes 74,776,517 1,972,199 46,015 5,350,638”
Shareholder Votes
Bloomin' Brands, Inc. shareholders approved Ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered certified public accounting firm for the fiscal year ending December 29, 2024 at the 2024-04-23 meeting.
“Stockholders ratified the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered certified public accounting firm for the fiscal year ending December 29, 2024, as set forth below. Votes For Votes Against Abstentions Broker Non-Votes 79,609,028 2,505,407 30,934 —”
Shareholder Votes
Bloomin' Brands, Inc. shareholders approved Election of ten nominees as directors to serve for a one-year term expiring at the 2025 annual meeting at the 2024-04-23 meeting.
“Stockholders elected each of the following ten nominees as a director to serve for a one-year term expiring at the 2025 annual meeting of stockholders and until their successors have been duly elected and qualified, as set forth below. Name Votes For Votes Against Abstentions Broker Non-Votes David J. Deno 76,639,961 142,832 11,938 5,350,638 David George 76,717,219 64,865 12,647 5,350,638 Lawrence V. Jackson 75,774,374 999,662 20,695 5,350,638 Julie Kunkel 76,661,552 118,985 14,194 5,350,638 Rohil Lal 76,709,556 71,833 13,342 5,350,638 Tara Walpert Levy 75,894,543 849,760 50,428 5,350,638 John J. Mahoney 75,219,959 1,548,623 26,149 5,350,638 Melanie Marein-Efron 76,655,246 126,465 13,020 5,350,638 R. Michael Mohan 69,958,235 6,811,291 25,205 5,350,638 Jonathon Sagal 76,472,390 310,264 12,077 5,350,638”
William Michael Healy was appointed as Executive Vice President and Chief Financial Officer at Bloomin' Brands, Inc..
“appointed William Michael Healy to serve as Executive Vice President and Chief Financial Officer, effective April 1, 2024.”
Material Agreements
Bloomin' Brands, Inc. entered into Accelerated Stock Repurchase Agreement with Wells Fargo Bank, National Association valued at $220,000,000 (effective 2024-03-01).
“On March 1, 2024, Bloomin’ Brands, Inc. (the “Company”) entered into an accelerated share repurchase agreement (the “ASR Agreement”), pursuant to its previously announced 2024 Share Repurchase Program, with Wells Fargo Bank, National Association (“Wells Fargo”) to repurchase approximately $220 million of the Company’s common stock (“Common Stock”).”
Christopher Meyer departed as Chief Financial Officer at Bloomin' Brands, Inc..
“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.”
Material Agreements
Bloomin' Brands, Inc. entered into Cooperation Agreement with Starboard Value LP and certain of its affiliates (collectively, “Starboard”) (effective 2024-01-02).
“On January 2, 2024, Bloomin’ Brands (the “Company”) entered into a cooperating Agreement (the “Agreement”) with Starboard Value LP and certain of its affiliates (collectively, “Starboard”).”
Jon Sagal was appointed as Director at Bloomin' Brands, Inc..
“Pursuant to the Agreement, on January 2, 2024, Mr. George and Mr. Sagal were appointed to the Board.”
Dave George was appointed as Director at Bloomin' Brands, Inc..
“Pursuant to the Agreement, on January 2, 2024, Mr. George and Mr. Sagal were appointed to the Board.”
John Gainor resigned as member of the Board of Directors at Bloomin' Brands, Inc..
“On November 13, 2023, John Gainor informed Bloomin’ Brands, Inc. (the “Company”) of his intention to resign from his role as a member of the Board of Directors, effective as of November 13, 2023.”
Earnings Releases
Bloomin' Brands, Inc. reported the thirteen weeks ended September 24, 2023 results: revenue $ 1,079.8, EPS $0.45. Guidance lowered.
“of diluted earnings per share adjustments for the periods presented. Third Quarter Financial Results (dollars in millions, unaudited) Q3 2023 Q3 2022 CHANGE Total revenues $ 1,079.8 $ 1,055.8 2.3 % GAAP operating income margin 5.4 % 4.9 % 0.5 % Adjusted operating income margin (1) 5.3 % 4.9 % 0.4 % Restaurant-level operating margin (1) 13.8 % 13.1 % 0.7 %”
Gregg Scarlett departed as Executive Vice President, Chief Operating Officer of Casual Dining Restaurants at Bloomin' Brands, Inc..
“On October 2, 2023, Bloomin’ Brands, Inc. (the “Company”) implemented organizational design changes that will result in the elimination of the Executive Vice President, Chief Operating Officer of Casual Dining Restaurants position following a transition period ending on March 15, 2024.”
Rohit Lal was appointed as Director at Bloomin' Brands, Inc..
“Upon the recommendation of the Nominating and Corporate Governance Committee of the Board, the Board appointed Rohit Lal as a director of the Company, effective August 28, 2023.”
R. Michael Mohan was appointed as Chairman at Bloomin' Brands, Inc..
“The Board appointed R. Michael Mohan, who has served as a director since 2017, to serve as the Company’s Chairman of the Board, effective August 28, 2023.”
James R. Craigie departed as Chairman at Bloomin' Brands, Inc..
“On August 28, 2023, James R. Craigie stepped down from his role as Chairman of the Board of Directors (the “Board”) of Bloomin’ Brands, Inc. (the “Company”) and retired as a director of the Board.”
Earnings Releases
Bloomin' Brands, Inc. updated its the thirteen weeks ended June 25, 2023 guidance (reaffirmed).
“On August 1, 2023, the Company issued a press release reporting its financial results for the thirteen weeks ended June 25, 2023.”
Earnings Releases
Bloomin' Brands, Inc. updated its the thirteen weeks ended March 26, 2023 guidance (reaffirmed).
“On April 28, 2023, the Company issued a press release reporting its financial results for the thirteen weeks ended March 26, 2023.”
Governance Changes
Bloomin' Brands, Inc.: Adopted amended bylaws to implement procedural safeguards for stockholder special meetings and update universal proxy rules under Rule 14a-19.
“the Board of Directors (the “Board”) of the Company approved and adopted the Fourth Amended and Restated Bylaws of the Company (the “Amended Bylaws”).”
Governance Changes
Bloomin' Brands, Inc.: Amended charter to provide stockholders holding 25% or more of common stock the right to request special meetings and to permit officer exculpation consistent with DGCL (effective 2023-04-19).
“On April 18, 2023, the stockholders of Bloomin’ Brands, Inc. (the “Company”) at its 2023 Annual Meeting of Stockholders (the “Annual Meeting”) approved amendments (the “Amendments”) to the Company’s Fourth Amended and Restated Certificate of Incorporation (the “Charter”) to (a) provide stockholders holding a combined 25% or more of the Company’s common stock with the right to request special meetings of stockholders (the “Special Meeting Amendment”) and (b) permit the exculpation of officers consistent with changes to Delaware General Corporation Law.”
Shareholder Votes
Bloomin' Brands, Inc. shareholders rejected Stockholder proposal requesting issuance of near- and long-term science-based greenhouse gas (GHG) reduction targets at the 2023-04-18 meeting.
“Stockholders did not approve a stockholder proposal requesting that the Company issue near- and long-term science-based greenhouse gas (GHG) reduction targets”
Shareholder Votes
Bloomin' Brands, Inc. shareholders approved Stockholder proposal to adopt stockholder right to call a special stockholder meeting (Stockholder Special Meeting Proposal) at the 2023-04-18 meeting.
“Stockholders approved a stockholder proposal to adopt a stockholder right to call a special stockholder meeting (the “Stockholder Special Meeting Proposal”)”
Shareholder Votes
Bloomin' Brands, Inc. shareholders approved Amendments to Charter to permit exculpation of officers consistent with Delaware General Corporation Law at the 2023-04-18 meeting.
“Stockholders approved the amendments to the Company’s Charter to permit the exculpation of officers consistent with changes to Delaware General Corporation Law”
Shareholder Votes
Bloomin' Brands, Inc. shareholders approved Amendments to Charter to provide stockholders holding combined 25% or more of common stock with right to request special meetings of stockholders (BLMN Special Meeting Proposal) at the 2023-04-18 meeting.
“Stockholders approved the amendments to the Company’s Fourth Amended and Restated Certificate of Incorporation (the “Charter”) to provide stockholders holding a combined 25% or more of the Company’s common stock with the right to request special meetings of stockholders (the “BLMN Special Meeting Proposal”)”
Shareholder Votes
Bloomin' Brands, Inc. shareholders approved Non-binding advisory vote on compensation of named executive officers at the 2023-04-18 meeting.
“Stockholders approved, on a non-binding advisory basis, the compensation of the Company’s named executive officers”
Shareholder Votes
Bloomin' Brands, Inc. shareholders approved Ratification of PricewaterhouseCoopers LLP as independent registered certified public accounting firm for fiscal year ending December 31, 2023 at the 2023-04-18 meeting.
“Stockholders ratified the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered certified public accounting firm for the fiscal year ending December 31, 2023”
Shareholder Votes
Bloomin' Brands, Inc. shareholders approved Election of six director nominees for a one-year term expiring at the 2024 annual meeting at the 2023-04-18 meeting.
“Stockholders elected each of the following six nominees as a director to serve for a one-year term expiring at the 2024 annual meeting of stockholders and until their successors have been duly elected and qualified”
Patrick Murtha retired as Executive Vice President of Fleming's and Brazil at Bloomin' Brands, Inc..
“On March 7, 2023, Patrick Murtha, Executive Vice President of Fleming’s and Brazil for Bloomin’ Brands, Inc. (the “Company”) notified the Company that he intends to retire effective as of March 17, 2023.”
Earnings Releases
Bloomin' Brands, Inc. updated its Fiscal Year 2023 guidance (initiated).
“Financial Results: 2023 Guidance U.S. comparable restaurant sales 2% to 4% GAAP diluted earnings per share (1) $2.80 to $2.89 Adjusted diluted earnings per share (2) $2.91 to $3.00”
Earnings Releases
Bloomin' Brands, Inc. reported Fiscal Year 2022 results: EPS $ 1.03.
“FISCAL YEAR 2022 2021 CHANGE Diluted earnings per share $ 1.03 $ 2.00 $ (0.97)”
“in connection with the Carrabba’s Italian Grill royalty termination. 1 Fourth Quarter Financial Results (dollars in millions, unaudited) Q4 2022 Q4 2021 CHANGE Total revenues $ 1,095.0 $ 1,047.1 4.6 % GAAP operating income margin 7.7 % 7.5 % 0.2 % Adjusted operating income margin (1) 8.2 % 7.8 % 0.4 % Restaurant-level operating margin (1) 16.3 % 16.5 % (0.2) %”
Earnings Releases
Bloomin' Brands, Inc. reported the third quarter 2022 results: EPS $0.34. Guidance reaffirmed.
“Bloomin’ Brands Announces 2022 Q3 Financial Results Q3 Combined U.S. Comparable Restaurant Sales Growth of 1.4% Q3 Diluted EPS of $0.34 and Adjusted Diluted EPS of $0.35”
Melanie Marein-Efron was appointed as Director at Bloomin' Brands, Inc..
“the Board increased the size of the Board from nine (9) directors to eleven (11) directors and appointed Julie Kunkel and Melanie Marein-Efron as directors of the Company, effective August 22, 2022.”
Julie Kunkel was appointed as Director at Bloomin' Brands, Inc..
“the Board increased the size of the Board from nine (9) directors to eleven (11) directors and appointed Julie Kunkel and Melanie Marein-Efron as directors of the Company, effective August 22, 2022.”
Philip Pace was appointed as principal accounting officer at Bloomin' Brands, Inc..
“On July 19, 2022, the Board of Directors (the “Board”) of Bloomin’ Brands, Inc. (the “Company”), appointed Philip Pace, as the Company’s principal accounting officer, effective July 19, 2022.”
Michael Stutts departed as Executive Vice President, Chief Customer Officer at Bloomin' Brands, Inc..
“Mr. Stutts will separate from the Company effective December 20, 2021.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.