Bloomin' Brands (BLMN) Misses Q3 EPS by 3c
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Bloomin' Brands Announces 2017 Q3 Diluted EPS of $0.05 and Adjusted Diluted EPS of $0.12; Posts Comparable Restaurant Sales of 0.6% at Outback With Positive Traffic; Updates Fiscal 2017 Financial Outl
November 3, 2017 7:00 AM EDTTAMPA, Fla., Nov. 3, 2017 /PRNewswire/ --Â Bloomin' Brands, Inc. (Nasdaq: BLMN) today reported results for the third quarter 2017 ("Q3 2017") compared to the third quarter 2016 ("Q3 2016").
Highlights for Q3 2017 include the following:
Comparable restaurant sales were up 0.6% at U.S. Outback Steakhouse with traffic up 0.1%; Combined U.S. comparable restaurant sales were down (1.0)%; Combined negative impact of Hurricanes Harvey and Irma was estimated to be 1.0% to comp sales and $0.04 to Diluted EPS; Comparable restaurant sales were up 4.8% for Outback Steakhouse in Brazil; and Opened... More