Quarterly ResultNov 6, 2026, 06:36 AM
Bloomin' Brands Q3 EPS $(0.02); Raises Full Year Guidance
AI Summary
Bloomin' Brands, Inc. reported its third quarter 2026 financial results, with diluted EPS of $(0.02) and adjusted diluted EPS of $(0.17). Total revenues saw a 1.7% increase to $944.3 million, driven by higher comparable restaurant sales and a change in accounting estimate for gift card breakage revenue. The company raised its full-year EPS guidance to a range of $1.06 to $1.11. CEO Mike Spanos expressed encouragement with the results and continued progress on the Outback Turnaround.
Key Highlights
- Bloomin' Brands Q3 2026 diluted EPS of $(0.02) vs $(0.54) in Q3 2025.
- Q3 2026 adjusted diluted EPS of $(0.17) vs $(0.03) in Q3 2025.
- Total revenues increased 1.7% to $944.3 million in Q3 2026.
- GAAP operating income margin improved to 2.0% from (3.9%) in Q3 2025.
- Restaurant-level operating margin increased to 10.6% from 9.2% in Q3 2025.
- Raised full year 2026 diluted EPS guidance to $1.06-$1.11 from $0.85-$0.95.
- Q3 2026 comparable restaurant sales increased 1.9% for combined U.S. brands.
Price Impact
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