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Bloomin' Brands, Inc. Q1 FY26 Results

BLMNQ1 FY26 Results
Filing
MetricValue ($ M)Q1 FY25
Revenue1.1K1.0%
Total Income1.1K1.0%
Expenditure1.0K0.8%
PBT46.691.4%
Net Profit55.6532.0%
OPM5.58%0.12pp
NPM5.25%1.24pp
EPS0.6530.0%
View full financials

Bloomin’ Brands Announces Q1 2026 Financial Results; Diluted EPS $0.64

06 May 2026 · 6 May, 4:07 pm

Summary

Bloomin’ Brands, Inc. reported its financial results for the first quarter of 2026. Total revenues increased by 1.0% to $1,059.7 million. The diluted EPS was reported at $0.64, with an adjusted diluted EPS of $0.67. The GAAP operating income margin increased slightly to 5.6%. The company reaffirmed its full-year financial guidance as previously communicated.

Key Highlights

  1. 1

    Bloomin' Brands reported a Q1 diluted EPS of $0.64 and an adjusted diluted EPS of $0.67.

  2. 2

    Total revenues increased by 1.0% to $1,059.7 million in Q1 2026 compared to Q1 2025.

  3. 3

    The GAAP operating income margin increased by 0.1% to 5.6% in Q1 2026.

  4. 4

    Restaurant-level operating margin increased by 0.1% to 14.0% in Q1 2026.

  5. 5

    Combined U.S. comparable restaurant sales increased by 0.9% for the thirteen weeks ended March 29, 2026.

  6. 6

    Outback Steakhouse U.S. comparable restaurant sales decreased by 0.3% for the thirteen weeks ended March 29, 2026.

  7. 7

    Bonefish Grill U.S. comparable restaurant sales increased by 6.1% for the thirteen weeks ended March 29, 2026.

Management Comments

M

Mike Spanos

We are pleased with our results in the first quarter as they reflect our focus on consistency of execution and delivering a great guest experience. Outback brand scores continue to improve, highlighting our craveable steaks and food quality. We are making progress on our turnaround and remain committed to driving long-term, sustainable, and profitable growth for Bloomin’ Brands.

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