Bloomin’ Brands Q4 EPS 25¢ on $975M Sales, Lifts Q1 EPS Guidance to 62¢
Bloomin’ Brands posted Q4 adjusted EPS of $0.25, matching consensus, on $975.2 million in sales, a 0.3% increase, with restaurant sales up to $958.0 million. Management reported first positive traffic since Q4 2021 and raised Q1 EPS guidance to $0.57-$0.62 (adjusted) versus a $0.56 estimate.
1. Q4 Financial Results
Bloomin’ Brands delivered adjusted earnings per share of $0.25 in Q4, meeting analyst expectations, on total revenues of $975.2 million, up 0.3% year-over-year. Restaurant sales climbed to $958.0 million from $952.1 million, though overall sales fell short of the $981.0 million Street estimate.
2. Turnaround Progress and Margins
The company reported its first quarter of positive guest traffic since Q4 2021, driven by targeted investments in steak quality at Outback Steakhouse. Adjusted operating margin contracted slightly to 3.4% from 3.5% year-ago, while restaurant-level operating margin fell to 11.6% from 12.4%.
3. Forward Guidance
For Q1, Bloomin’ Brands expects GAAP EPS of $0.54-$0.59 and adjusted EPS of $0.57-$0.62, above consensus forecasts. Fiscal 2026 guidance calls for GAAP EPS of $0.70-$0.85 and adjusted EPS of $0.75-$0.90, both well above current analyst estimates.