Bloomin' Brands (BLMN) Tops Q1 EPS by 1c, Modestly Trims Revenue Outlook
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Bloomin' Brands Announces 2015 First Quarter Adjusted Diluted EPS of $0.54 and Diluted EPS of $0.47
May 5, 2015 7:00 AM EDTTAMPA, Fla., May 5, 2015 /PRNewswire/ -- Bloomin' Brands, Inc. (Nasdaq: BLMN) today reported financial results for the first quarter ("Q1 2015") ended March 29, 2015 compared to the first quarter ("Q1 2014") ended March 30, 2014.
Key highlights for Q1 2015 include the following:
Comparable sales for Company-owned U.S. concepts increased 3.6% with a traffic increase of 0.7% Comparable sales for our Brazilian Outback Steakhouse restaurants increased 6.2% System-wide development was 14 new restaurants. In March 2015, we opened our first International Carrabba's Italian Grill in Brazil, known as Abbraccio Adjusted operating income margin... More