| Metric | Value ($ M) | Q2 FY25 | Q3 FY24 |
|---|---|---|---|
| Revenue | 928.81 | 7.3% | 10.6% |
| Total Income | 928.81 | 7.3% | 10.6% |
| Expenditure | 965.23 | 0.8% | 5.5% |
| PBT | -47.53 | 350.8% | 4714.6% |
| Net Profit | -45.86 | 280.4% | 763.7% |
| OPM | -3.92% | 6.88pp | 5.58pp |
| NPM | -4.94% | 7.47pp | 5.60pp |
| EPS | -0.54 | 280.0% |
Bloomin' Brands Reports Q3 2025 Results; Announces Turnaround Strategy
04 May 2026 · 4 May, 7:48 am
Summary
Bloomin’ Brands, Inc. reported its Q3 2025 financial results, with total revenues increasing by 2.1% to $928.8 million. The GAAP operating income margin decreased, and the restaurant-level operating margin also saw a decline. The company is implementing a turnaround strategy, primarily focused on Outback Steakhouse, to drive long-term sustainable and profitable growth, which includes the suspension of the dividend. U.S. comparable restaurant sales showed a 1.2% increase.
Key Highlights
- 1
Total revenues increased by 2.1% to $928.8 million in Q3 2025 compared to Q3 2024.
- 2
The GAAP operating loss income margin was (3.9)% in Q3 2025, a decrease of 4.8% from Q3 2024.
- 3
Restaurant-level operating margin decreased to 9.2% in Q3 2025 from 11.1% in Q3 2024.
- 4
U.S. comparable restaurant sales increased by 1.2% for the thirteen weeks ended September 28, 2025.
- 5
The company is implementing a turnaround strategy focused on Outback Steakhouse to drive long-term sustainable and profitable growth.
- 6
The Board of Directors suspended the dividend in October 2025 as part of the turnaround strategy.
- 7
The company reaffirmed its full-year financial guidance for U.S. comparable restaurant sales of 0% to 0.5%.
Management Comments
Mike Spanos
“We have great momentum in our business as demonstrated by our third quarter results,” said Mike Spanos, CEO. “All four brands drove positive comparable store sales growth for the first time since Q1 2023. Our teams continue to focus on consistency of execution in food quality and the guest experience, the foundation for our turnaround.” “I am excited to announce our turnaround strategy, with a focus on the Outback Steakhouse brand. In support of our strategy, we will reallocate available free cash flow into strategic investments in our base business and pay down debt. As a result, we have suspended the dividend. We believe our strategic plan will drive long-term, sustainable and profitable growth.”
Informational and educational content only. Not investment advice.