BLMN Bloomin' Brands, Inc.

NEUTRAL Impact: 5/10 8-K
Horizon days Filed May 6, 2026 Processed 1mo ago SEC 0001546417-26-000023
8-K Item 2.02: Earnings release
Latest settled — T+20d
BLMN ▼ -7.76% at T+20d
NEUTRAL call ✗ call lost -7.76% · α vs SPY -10.54% · entry $8.12 → $7.49
Next anchor: T+60d in 7w
Currently $8.29 · +2.09% from $8.12 entry
Entry anchored
May 6, 2026
via day open
T+1d
-2.09%
call -2.09% · α -1.76%
$7.95
settled 5w ago
T+5d
+2.46%
call +2.46% · α +1.33%
$8.32
settled 4w ago
T+20d
-7.76%
call -7.76% · α -10.54%
$7.49
settled 9d ago
T+60d
call — · α —
in 7w

Price Chart

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Executive Summary

Bloomin' Brands reported Q1 2026 GAAP diluted EPS of $0.64, well above the $0.57 consensus estimate, and total revenue of $1.0597B, slightly above the $1.04B consensus. The beat was driven by improved restaurant-level margins and lower restructuring costs, but comparable restaurant sales were only +0.9% and full-year guidance was reaffirmed, not raised, limiting the bullish case.

Actionable Insight

The EPS beat is notable but the stock may not rally significantly because full-year guidance was merely reaffirmed (not raised) and comparable sales growth remains tepid at 0.9%. Watch Q2 2026 results for signs of accelerating traffic or a guidance raise to confirm the turnaround narrative.

Key Facts

  • Q1 2026 GAAP diluted EPS of $0.64 vs consensus $0.57 (beat by 12.3%)
  • Total revenue of $1.0597B vs consensus $1.04B (beat by 1.9%)
  • Revenue grew 1.0% YoY to $1.0597B from $1.0496B
  • GAAP operating income margin improved to 5.6% from 5.5% YoY
  • Restaurant-level operating margin improved to 14.0% from 13.9% YoY
  • Combined U.S. comparable restaurant sales grew 0.9%
  • Full-year 2026 guidance reaffirmed; Q2 2026 EPS guided to $0.24-$0.29 (GAAP)
  • Net income attributable to Bloomin' Brands was $55.7M vs $42.2M in Q1 2025
  • Total debt reduced to $752.6M from $787.4M at year-end 2025

Financial Impact

EPS beat of $0.07 (12.3%) on consensus of $0.57; revenue beat of ~$19.7M (1.9%) on consensus of $1.04B

epsrevenueoperating margincomparable sales

Risk Factors

  • Full-year 2026 guidance was reaffirmed, not raised, capping upside surprise
  • Outback Steakhouse comparable sales were still negative at -0.3%
  • Combined U.S. traffic declined 1.8% YoY, indicating reliance on pricing/mix
  • Commodity and labor inflation continue to pressure margins

Market Snapshot

Exchange
Nasdaq
Sector
Retail-Eating Places
Analyst Consensus
11% bullish (19 analysts)

Documents Analyzed

This report is based on 6 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001546417-26-000023
Document: blmn-20260506.htm0001546417-26-000023
Document: 0001546417-26-000023-index-headers.html0001546417-26-000023
Document: 0001546417-26-000023-index.html0001546417-26-000023
Document: 0001546417-26-000023.txt0001546417-26-000023
8-K Data (Synthetic)0001546417-26-000023
4 reports for BLMN
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for BLMN — sortable, filterable
Type Now
May 9, 2026
5w ago
144
BEARISH ★ 7/10
$8.37 $7.65▲ +8.60%▲ +8.52%$8.29 (+0.96%)
May 6, 2026
5w ago
8-K
NEUTRAL ★ 5/10
$8.12 $8.32▲ +2.46%▲ +1.33%$8.29 (+2.09%)
Mar 3, 2026
14w ago
DEFA14A
NEUTRAL ★ 3/10
$6.35 $5.93▼ −6.61%▼ −6.14%$8.29 (+30.55%)
Feb 25, 2026
15w ago
8-K
MIXED ★ 6/10
$5.71 $6.57▲ +15.06%▲ +16.16%$8.29 (+45.18%)
Showing 4 of 4

US Market Status

Market Closed — Opens Mon (49h 35m)

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