Bloomin’ Brands beats Q4 profit view, shares rise 2%

NodeGuardian · 2026-02-25T12:10:21+00:00

Bloomin’ Brands Inc. exceeded Q4 profit expectations with an adjusted EPS of $0.26 but reported a revenue of $975.2 million that fell short. The company faced a GAAP loss due to impairment charges, yet Outback Steakhouse showed positive traffic for the first time since Q4 2021.

NodeGuardian

2026-02-25 12:10:21

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Bloomin’ Brands Inc. (NASDAQ:BLMN) exceeded fourth-quarter profit expectations with an adjusted EPS of $0.26, surpassing the consensus of $0.24, leading to a 2.21% rise in after-hours trading. However, the casual dining company’s revenue of $975.2 million fell short of expectations and included a GAAP loss per share of -$0.14 due to impairment charges. Despite flat combined U.S. comparable restaurant sales, CEO Mike Spanos highlighted Outback Steakhouse’s first quarter of positive traffic since Q4 2021.

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