Bloomin' Brands (BLMN) Approves $100M Common Stock Buyback Plan

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Bloomin' Brands Announces 2015 Second Quarter Adjusted Diluted EPS of $0.28 and Diluted EPS of $0.26;

August 4, 2015 7:00 AM EDT

TAMPA, Fla., Aug. 4, 2015 /PRNewswire/ -- Bloomin' Brands, Inc. (Nasdaq: BLMN) today reported financial results for the second quarter ("Q2 2015") ended June 28, 2015 compared to the second quarter ("Q2 2014") ended June 29, 2014.

Key highlights for Q2 2015 include the following:

Comparable sales for Company-owned U.S. concepts increased 2.0% Comparable sales for Outback Steakhouse restaurants in Brazil increased 3.4% System-wide development was 14 new restaurants including nine International restaurants Adjusted restaurant margin was 16.2% versus 16.1% in Q2 2014 and U.S. GAAP restaurant margin was 16.5% versus 16.1% in Q2 2014

Subsequent to Q2... More