Bloomin' Brands (BLMN) Misses Q4 EPS by 3c, Guides FY20 EPS Above the Street, Updates Strategic Review

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Go back to Bloomin' Brands (BLMN) Misses Q4 EPS by 3c, Guides FY20 EPS Above the Street, Updates Strategic Review

Bloomin’ Brands Announces 2019 Q4 Diluted EPS and Adjusted Diluted EPS of $0.32

February 18, 2020 7:00 AM EST

Q4 Comparable Restaurant Sales Growth of 2.7% at Outback Steakhouse and 1.9% Combined U.S.

Provides 2020 Financial Outlook including GAAP EPS of $1.63 to $1.68 and Adjusted EPS of $1.85 to $1.90

2020 Guidance Includes Adjusted EPS Growth of 20% to 23%

Updates Progress on Strategic Alternatives Review and Doubles Annual Dividend from $0.40 to $0.80

TAMPA, Fla.--(BUSINESS WIRE)-- Bloomin Brands, Inc. (Nasdaq: BLMN) today reported results for the fourth quarter 2019 (Q4 2019) and fiscal year ended December 29, 2019 (Fiscal Year 2019) compared to the fourth quarter 2018 (Q4 2018) and fiscal year ended December 30, 2018 (Fiscal Year... More