Comparable sales - Revenue growth was primarily due to higher comparable restaurant sales, partially offset by net impact of restaurant closures and openings
Pricing and productivity - Restaurant-level operating margin increased mainly due to higher average check per person, primarily from pricing, and productivity initiatives
Cost pressures - Margin gains were partially offset by higher commodity, labor and operating costs, mainly due to inflation, and higher advertising expense
Analyst coverage and valuation
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 8 "hold" and 2 "sell" or "strong sell"
The average consensus recommendation for the restaurants & bars peer group is "buy."
Wall Street's median 12-month price target for Bloomin' Brands Inc is $8.38, about 6.1% below its August 4 closing price of $8.92
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