Bloomin' Brands (BLMN) Reports In-Line Q2 EPS
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Bloomin' Brands Announces 2017 Q2 Diluted EPS of $0.35 and Adjusted Diluted EPS of $0.28; Reaffirms Full Year 2017 Adjusted Diluted EPS and U.S. Comparable Sales; and Repurchases $233 Million of Commo
July 26, 2017 7:00 AM EDTTAMPA, Fla., July 26, 2017 /PRNewswire/ -- Bloomin' Brands, Inc. (Nasdaq: BLMN) today reported results for the second quarter 2017 ("Q2 2017") compared to the second quarter 2016 ("Q2 2016").
Highlights for Q2 2017 include the following:
Comparable restaurant sales were up 0.3% at Outback Steakhouse; Combined U.S. comparable restaurant sales were down 0.3%; Comparable restaurant sales were up 13% for Outback Steakhouse in Brazil; and Opened five new restaurants all of which were in international markets.Subsequent to the fiscal first quarter earnings call, we repurchased $155 million of common stock,... More
