Bloomin' Brands announces $927 million Q3 revenue, raises outlook
Key points
- Bloomin' Brands (NASDAQ:BLMN) reported third-quarter 2026 revenue of approximately $927 million, exceeding analyst expectations of $925.6 million.
- Adjusted earnings per share came in above expectations, with the reported EPS loss of $0.17 outperforming the forecast loss of $0.23.
- The company raised its full-year 2026 EPS guidance to $0.97–$1.02, while continuing its Outback Steakhouse improvement programme.
Bloomin' Brands (NASDAQ:BLMN) reported third-quarter 2026 revenue of approximately $927 million, beating analyst expectations as the restaurant operator raised its full-year earnings guidance to $0.97–$1.02 per share.
Revenue reached $926.98 million, exceeding the consensus estimate of $925.6 million, while reported diluted EPS was a loss of $0.17 compared with the expected loss of $0.23.
Adjusted diluted loss per share was $0.17, compared with $0.03 a year earlier, while restaurant-level operating margin increased to 10.6% from 9.2%.
Third-quarter results also included $13.2 million in gift card breakage revenue following an accounting estimate change.
Bloomin' Brands raised its full-year adjusted diluted EPS guidance to $0.97–$1.02 from $0.90–$1.00 and its GAAP diluted EPS forecast to $1.06–$1.11 from $0.85–$0.95.
Bloomin' Brands operates restaurant chains including Outback Steakhouse, Carrabba's Italian Grill, Bonefish Grill and Fleming's Prime Steakhouse & Wine Bar, with more than 1,440 restaurants across 46 US states, Guam and 12 countries.
Frequently asked questions
More from United States
Humana Q3 revenue jumps 26% to $41.16 billion
Ares Commercial Real Estate reports $10 million Q3 profit
Docebo delivers 14% revenue growth as Q3 profit rises
Interface posts $366.7 million Q3 sales, reaffirms outlook
Fluor secures record $10.9 billion quarterly project awards
Tesla to wind down Cybertruck production by mid-2027
