Complete financial analysis of Bloomin’ Brands, Inc. (BLMN) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Bloomin’ Brands, Inc., a leading company in the Restaurants industry within the Consumer Cyclical sector.
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Bloomin' Brands, Inc. (BLMN)
About Bloomin' Brands, Inc.
Bloomin' Brands, Inc., through its subsidiaries, owns and operates casual, upscale casual, and fine dining restaurants in the United States and internationally. The company operates through two segments, U.S. and International. Its restaurant portfolio has four concepts, including Outback Steakhouse, a casual steakhouse restaurant; Carrabba's Italian Grill, a casual Italian restaurant; Bonefish Grill; and Fleming's Prime Steakhouse & Wine Bar, a contemporary steakhouse. As of December 26, 2021, the company owned and operated 1,013 full-service restaurants and franchised 157 restaurants across 47 states; and 156 full-service restaurants and franchised 172 restaurants across 17 countries and Guam. The company was founded in 1988 and is based in Tampa, Florida.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4.67B | 4.42B | 4.12B | 3.17B | 4.14B | 4.13B | 4.21B | 4.25B | 4.38B | 4.44B | 4.13B | 3.99B | 3.84B | 3.63B | 3.60B |
| Cost of Revenue | 3.86B | 3.68B | 3.39B | 2.83B | 3.47B | 3.46B | 3.52B | 3.56B | 3.63B | 3.70B | 3.46B | 3.32B | 1.23B | 3.05B | 1.18B |
| Gross Profit | 810.36M | 740.75M | 731.70M | 336.00M | 672.23M | 666.43M | 697.66M | 694.05M | 745.61M | 739.34M | 673.49M | 670.65M | 2.62B | 577.68M | 2.42B |
| Gross Profit Ratio | 17.35% | 16.77% | 17.75% | 10.60% | 16.24% | 16.15% | 16.56% | 16.32% | 17.03% | 16.64% | 16.31% | 16.82% | 68.08% | 15.92% | 67.12% |
| Research & Development | 3.50M | 2.70M | 2.60M | 2.40M | 3.40M | 3.80M | 3.90M | 5.20M | 6.50M | 5.80M | 6.40M | 7.30M | 0.00 | 0.00 | 0.00 |
| General & Administrative | 260.47M | 234.75M | 245.62M | 254.36M | 275.24M | 282.72M | 306.96M | 267.98M | 287.61M | 304.38M | 268.93M | 326.47M | 2.28B | 252.79M | 2.13B |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 260.47M | 234.75M | 245.62M | 254.36M | 275.24M | 282.72M | 306.96M | 267.98M | 287.61M | 304.38M | 268.93M | 326.47M | 2.28B | 252.79M | 2.13B |
| Other Expenses | 221.25M | 169.62M | 163.39M | 180.26M | 196.81M | -11.00K | 14.91M | 1.61M | -939.00K | -1.24M | -246.00K | -128.00K | 126.47M | 2.99M | 342.66M |
| Operating Expenses | 485.22M | 404.37M | 409.01M | 434.62M | 472.05M | 484.31M | 499.24M | 461.82M | 478.01M | 495.29M | 433.02M | 481.96M | 2.40B | 409.06M | 2.47B |
| Cost & Expenses | 4.35B | 4.08B | 3.80B | 3.27B | 3.94B | 3.94B | 4.01B | 4.02B | 4.11B | 4.20B | 3.89B | 3.80B | 3.63B | 3.46B | 3.65B |
| Interest Income | 0.00 | 53.18M | 57.61M | 64.44M | 49.26M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -15.57M |
| Interest Expense | 52.17M | 53.18M | 57.61M | 64.44M | 49.26M | 44.94M | 41.39M | 45.73M | 56.18M | 59.66M | 74.77M | 86.64M | 83.39M | 91.43M | 100.31M |
| Depreciation & Amortization | 191.17M | 252.87M | 241.66M | 254.70M | 270.17M | 201.59M | 192.28M | 193.84M | 190.40M | 190.91M | 164.09M | 155.48M | 153.69M | 156.27M | 186.07M |
| EBITDA | 516.32M | 515.40M | 491.49M | 81.77M | 398.29M | 385.31M | 383.11M | 289.81M | 413.77M | 370.54M | 404.96M | 315.53M | 366.31M | 326.74M | 134.94M |
| EBITDA Ratio | 11.05% | 11.46% | 11.79% | 2.58% | 9.59% | 9.30% | 9.63% | 10.06% | 10.44% | 9.76% | 10.87% | 8.76% | 9.54% | 9.19% | 0.98% |
| Operating Income | 325.14M | 330.42M | 308.96M | -98.49M | 191.09M | 145.25M | 146.09M | 127.61M | 230.93M | 191.96M | 225.36M | 181.14M | 213.45M | 168.91M | -109.29M |
| Operating Income Ratio | 6.96% | 7.48% | 7.49% | -3.11% | 4.62% | 3.52% | 3.47% | 3.00% | 5.28% | 4.32% | 5.46% | 4.54% | 5.56% | 4.66% | -3.03% |
| Total Other Income/Expenses | -52.17M | -178.51M | -59.66M | -64.55M | -49.40M | -44.95M | -27.55M | -67.26M | -60.07M | -71.99M | -53.00M | -112.08M | -82.56M | -88.44M | 41.98M |
| Income Before Tax | 272.98M | 151.91M | 249.30M | -239.52M | 141.69M | 100.31M | 118.54M | 56.49M | 170.85M | 119.97M | 172.36M | 73.41M | 130.90M | 80.48M | -67.31M |
| Income Before Tax Ratio | 5.84% | 3.44% | 6.05% | -7.55% | 3.42% | 2.43% | 2.81% | 1.33% | 3.90% | 2.70% | 4.17% | 1.84% | 3.41% | 2.22% | -1.87% |
| Income Tax Expense | 18.56M | 42.70M | 26.38M | -80.73M | 7.57M | -9.23M | 15.99M | 10.14M | 39.29M | 24.04M | -42.21M | 12.11M | 21.72M | 21.30M | -2.46M |
| Net Income | 247.39M | 101.91M | 215.56M | -158.80M | 130.57M | 107.10M | 100.24M | 41.75M | 127.33M | 91.09M | 208.37M | 49.97M | 100.01M | 52.97M | -64.46M |
| Net Income Ratio | 5.30% | 2.31% | 5.23% | -5.01% | 3.15% | 2.60% | 2.38% | 0.98% | 2.91% | 2.05% | 5.05% | 1.25% | 2.60% | 1.46% | -1.79% |
| EPS | 2.84 | 1.15 | 2.42 | -1.82 | 1.47 | 1.16 | 1.05 | 0.35 | 1.04 | 0.73 | 1.69 | 0.45 | 0.94 | 0.50 | -0.62 |
| EPS Diluted | 2.56 | 1.03 | 2.00 | -1.82 | 1.45 | 1.14 | 1.02 | 0.34 | 1.01 | 0.71 | 1.63 | 0.44 | 0.93 | 0.49 | -0.62 |
| Weighted Avg Shares Out | 87.23M | 88.85M | 88.98M | 87.47M | 88.84M | 92.04M | 96.37M | 111.38M | 122.35M | 125.14M | 122.97M | 112.00M | 106.36M | 106.36M | 104.44M |
| Weighted Avg Shares Out (Dil) | 96.45M | 98.51M | 107.80M | 87.47M | 89.78M | 94.08M | 99.71M | 114.31M | 125.59M | 128.32M | 128.07M | 114.82M | 107.26M | 107.26M | 104.44M |
Bloomin' Brands: Starboard's Involvement Signals Potential For Increased Shareholder Value
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Outback Steakhouse Parent Bloomin' Brands Pares Back Gains After Adding New Board Members
Shares of Outback Steakhouse parent Bloomin' Brands (BLMN) jumped in early trading Wednesday before paring back gains after announcing two new board members.
Bloomin' Brands stock higher on cooperation deal with activist investor
Bloomin' Brands Inc, owner of the Outback Steakhouse chain of restaurants, saw its share price rise 3% to $28.06 in early Wednesday trading after Dave George, former chief operating officer of Darden Restaurants (NYSE:DRI), and Starboard Value partner Jon Sagal were...
Dave George and Jon Sagal Appointed to Bloomin' Brands Board of Directors
TAMPA, Fla.--(BUSINESS WIRE)--Bloomin' Brands, Inc. (Nasdaq: BLMN) today announced the appointment of Dave George, former Chief Operating Officer of Darden Restaurants, and Jon Sagal, Partner at Starboard Value LP (together with certain of its affiliates, “Starboard”), to the Company's Board...
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Bloomin' Brands: Upside Remains Attractive Despite Conservative Assumptions
Bloomin' Brands' upside remains attractive despite a fall in share price since my last writeup. Total revenue for BLMN was $1.08 billion, with a positive growth outlook for 4Q23. The company's RLP margin may face headwinds due to elevated beef...
Bloomin' Brands, Inc. (BLMN) Q3 2023 Earnings Call Transcript
Bloomin' Brands, Inc. (NASDAQ:BLMN ) Q3 2023 Earnings Conference Call November 3, 2023 8:00 AM ET Company Participants Tara Kurian - Vice President, Corporate Finance and Investor Relations David Deno - Chief Executive Officer Chris Meyer - Executive Vice President...
Bloomin' Brands (BLMN) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for Bloomin' Brands (BLMN) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Bloomin' Brands (BLMN) Tops Q3 Earnings Estimates
Bloomin' Brands (BLMN) came out with quarterly earnings of $0.44 per share, beating the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.35 per share a year ago.
Source: https://incomestatements.info
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