Bloomin' Brands (BLMN) Tops Q4 EPS by 2c

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Bloomin' Brands Announces 2017 Q4 Diluted EPS of $0.17 and Adjusted Diluted EPS of $0.41; Q4 Comparable Restaurant Sales Growth of 4.7% at Outback With Positive Traffic of 4.3%; Q4 Combined U.S. Compa

February 22, 2018 7:00 AM EST

TAMPA, Fla., Feb. 21, 2018 /PRNewswire/ -- Bloomin' Brands, Inc. (Nasdaq: BLMN) today reported results for the fourth quarter 2017 ("Q4 2017") and fiscal year ended December 31, 2017 ("Fiscal Year 2017") compared to the fourth quarter 2016 ("Q4 2016") and fiscal year ended December 25, 2016 ("Fiscal Year 2016").  In 2017, the fourth quarter and fiscal year included an additional operating week ("53rd week") compared to Fiscal Year 2016.

Highlights for Q4 2017 include the following:

Comparable restaurant sales were up 4.7% at U.S. Outback Steakhouse with traffic up 4.3%(1); Combined U.S. comparable restaurant sales were up 3.3% with traffic up... More