Bloomin' Brands (BLMN) Tops Q1 EPS by 13c
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Bloomin' Brands Announces 2018 Q1 Diluted EPS of $0.68 and Adjusted Diluted EPS of $0.71; Q1 Comparable Restaurant Sales Growth of 4.3% at Outback With Positive Traffic of 2.2%; Q1 Combined U.S. Compa
April 26, 2018 7:00 AM EDTTAMPA, Fla., April 26, 2018 /PRNewswire/ -- Bloomin' Brands, Inc. (Nasdaq: BLMN) today reported results for the first quarter 2018 ("Q1 2018") compared to the first quarter 2017 ("Q1 2017").
Highlights for Q1 2018 include the following:
Comparable restaurant sales were up 4.3% at U.S. Outback Steakhouse with traffic up 2.2%(1); Combined U.S. comparable restaurant sales were up 2.8%(1); Comparable restaurant sales were up 1.1% for Outback Steakhouse in Brazil; and Opened 12 new restaurants, including 9 in international... More