Bloomin’ Brands Q4 profits beat expectations, stock price up 2%

LootboxPhobia · 2026-02-25T12:24:03+00:00

Bloomin’ Brands' fourth-quarter results exceeded expectations, with adjusted earnings per share of $0.26, but revenue of $975.2 million fell short of the expected $981.9 million. The company's GAAP net loss per share was -$0.14, and the CEO stated that improving food quality will enhance the customer experience. Looking ahead to fiscal year 2026, the company expects earnings per share to be in the range of $0.75 to $0.90.

LootboxPhobia

2026-02-25 12:24:03

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Tampa, Florida - On Wednesday, Bloomin’ Brands, Inc. (NASDAQ: BLMN) announced its Q4 earnings exceeded profit expectations but fell short of analyst estimates for revenue.

The company’s stock rose 2.21% in after-hours trading.

This casual dining restaurant chain reported an adjusted Q4 earnings of $0.26 per share, surpassing the analyst consensus of $0.24.

However, revenue was $975.2 million, below the expected $981.9 million, and only grew 0.3% compared to $972.0 million in the same period last year. Year-over-year, revenue increased 0.5%.

The company reported a GAAP net loss of -$0.14 per share for the quarter, compared to a profit of $0.12 last year, mainly due to a $28.2 million goodwill impairment charge related to the Bonefish Grill reporting unit and asset impairment costs.

CEO Mike Spanos stated, “Our Q4 performance reflects our continued focus on disciplined execution and food quality to deliver a consistently high-quality customer experience. Through these efforts, Outback achieved its first single-quarter customer traffic growth since Q4 2021.”

For the U.S. comparable restaurant sales this quarter, Outback Steakhouse declined 0.6%, Carrabba’s Italian Grill increased 1.6%, Bonefish Grill decreased 0.1%, and Fleming’s Prime Steakhouse increased 0.1%.

For fiscal 2026, Bloomin’ Brands issued an adjusted EPS guidance of $0.75 to $0.90, with a midpoint of $0.83, slightly below the analyst consensus of $0.86. The company expects U.S. comparable restaurant sales to grow 0.5% to 2.5%, with commodity inflation rates of 4.5% to 5.5%.

For Q1 2026, the company projects adjusted EPS of $0.57 to $0.62, with a midpoint of $0.60, above the consensus estimate of $0.56.

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