Bloomin' Brands (BLMN) Tops Q2 EPS by 9c
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Bloomin' Brands Announces 2018 Q2 Diluted EPS of $0.28 and Adjusted Diluted EPS of $0.38; Q2 Comparable Restaurant Sales Growth of 4.0% at Outback and 2.4% Combined U.S.; Reaffirms Full Year 2018 Guid
July 30, 2018 7:00 AM EDTTAMPA, Fla., July 30, 2018 /PRNewswire/ -- Bloomin' Brands, Inc. (Nasdaq: BLMN) today reported results for the second quarter 2018 ("Q2 2018") compared to the second quarter 2017 ("Q2 2017").
Highlights for Q2 2018 include the following:
Comparable restaurant sales were up 4.0% at U.S. Outback Steakhouse with traffic up 0.6%(1); Combined U.S. comparable restaurant sales were up 2.4%(1); Comparable restaurant sales were down 6.1% for Outback Steakhouse in Brazil; and Opened eight new restaurants, including seven in international... More