10-K · February 25, 2026
Bloomin’ Brands describes a turnaround-focused strategy: investing in restaurant refreshes (plan to remodel nearly all Outback Steakhouse restaurants by the end of 2028), pursuing franchise-led international growth…
Earnings analysis · 10-Q
BLMN earnings analysis
Filed May 7, 2026 · Our reading of the company's report
The latest report
Bloomin' Brands (BLMN) reported Q1 2026 earnings, exceeding revenue expectations slightly with $1.059 billion, and a diluted EPS of $0.64, up from $0.50 in the prior year. The company indicated stable operating margins…
Read full summary
Bloomin' Brands (BLMN) reported Q1 2026 earnings, exceeding revenue expectations slightly with $1.059 billion, and a diluted EPS of $0.64, up from $0.50 in the prior year. The company indicated stable operating margins and confirmed ongoing improvement from its turnaround strategy, despite some pressure from inflation on costs.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
Where revenue came from
The business segments reported by the company.
Shares of the segments disclosed in this filing, largest first.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.64
- Operating margin
- 5.6%
What stood out
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Revenue Surpassed Expectations
Actual revenue was $1.059 billion, exceeding the estimate of $1.041 billion by 1.7%.
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Increased EPS
Diluted EPS rose to $0.64, up from $0.50 in Q1 2025, reflecting a 28% year-on-year increase.
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Improved Operating Margin
Operating income margin increased to 5.6% from 5.5% in the prior year.
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Cash Reserves Maintained
Company reported $71.3 million in cash and cash equivalents as of March 29, 2026.
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Operational Efficiency
Restaurant-level operating margin improved to 14.0% this quarter, versus 13.9% a year ago.
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U.S. Segment Growth
U.S. restaurant sales increased to $1.032 billion from $1.020 billion year-over-year.
What to watch
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Inflation Pressures
Food and beverage costs increased as a percentage of sales by 0.1% due to commodity inflation.
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Operating Costs Rising
Labor costs rose 0.1% primarily driven by higher wages and benefits.
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Sales Declines in International Franchise
International franchise revenues dropped to $7.57 million, down from $9.28 million.
Management's outlook
Management expects Q2 2026 diluted EPS between $0.24 and $0.29.
Earlier filings 4
10-Q · August 7, 2025
Bloomin’ Brands reported Q2 (13 weeks) revenue of $1,002,366,000 and net diluted EPS of $0.30. Operating income declined to $29,650,000 from $44,052,000 a year ago, but the company generated strong operating cash flow…
10-Q · November 8, 2024
Bloomin’ Brands reported quarterly revenues of $1,038,771 (13 weeks ended September 29, 2024), down from $1,079,833 a year earlier, with income from operations falling to $17,210 from $58,216 and diluted EPS of $0.08…
10-K · February 28, 2024
Bloomin’ Brands positions itself as a multi-brand casual-dining operator with four core concepts (Outback, Carrabba’s, Bonefish Grill and Fleming’s) and a two-segment reporting structure (U.S. and international). The…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.