Bloomin’ Brands posts Q3 beat, lifts full‑year EPS outlook but trims Q4 guidance
Bloomin’ Brands reported third‑quarter 2026 revenue of roughly $944 million, a small adjusted loss of $0.17 per share and an operating margin improvement to 2.0%. CEO Mike Spanos highlighted five straight quarters of higher Outback guest scores. The company raised its full‑year adjusted EPS guidance to $0.97‑$1.02 and lowered its Q4 adjusted EPS outlook to $0.07‑$0.12, citing traffic weakness and a cautious consumer‑spending outlook.
Why it matters
The raised full‑year EPS range ($0.97‑$1.02) gives investors a higher earnings target for 2026. The reduced Q4 EPS range ($0.07‑$0.12) falls short of analyst consensus, indicating a softer near‑term profit outlook.
Key facts
- 1Adjusted loss per share was $0.17, beating the consensus estimate of $0.23. investing.com
- 2Revenue was $944.3 million, up 1.7% year over year. stocktitan.net
- 3GAAP operating income margin improved to 2.0%. stocktitan.net
- 4U.S. comparable restaurant sales rose 1.9% in the quarter. investing.com
- 5Full‑year adjusted EPS guidance was raised to $0.97‑$1.02. investing.com
- 6Q4 adjusted EPS guidance was set at $0.07‑$0.12, below the analyst consensus of $0.14. finance.yahoo.com
Open questions
- Revenue is reported as $944.3 million in material 1 and $927.0 million in material 5, creating a conflict on the same metric.
Summary written by AlphAI AI Desk from 9 of 9 sources. Not investment advice. Figures are as stated by the linked sources.