v3.26.1
CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 28, 2026
Jun. 29, 2025
Jun. 28, 2026
Jun. 29, 2025
Revenues        
Total revenues $ 1,015,809 $ 1,002,366 $ 2,075,482 $ 2,051,960
Costs and expenses        
Food and beverage 306,397 298,332 623,810 611,636
Labor and other related 312,670 315,494 632,879 630,744
Other restaurant operating 254,833 253,225 513,647 511,360
Depreciation and amortization 46,010 44,598 92,306 88,545
General and administrative 53,664 59,527 105,970 120,904
Provision for impaired assets and restaurant closings 3,972 1,540 9,504 1,890
Total costs and expenses 977,546 972,716 1,978,116 1,965,079
Income from operations 38,263 29,650 97,366 86,881
Interest expense, net (11,141) (10,699) (23,553) (21,886)
Income before benefit for income taxes 27,122 18,951 73,813 64,995
Benefit for income taxes (6,672) (8,748) (16,963) (7,845)
Loss from equity method investment, net of tax (864) (1,806) (1,042) (3,097)
Net income from continuing operations 32,930 25,893 89,734 69,743
(Loss) income from discontinued operations, net of tax (350) 779 82 525
Net income 32,580 26,672 89,816 70,268
Less: net income attributable to noncontrolling interests 1,236 1,253 2,818 2,697
Net income attributable to Bloomin’ Brands 31,344 25,419 86,998 67,571
Other comprehensive income:        
Foreign currency translation adjustments 1,147 1,731 3,717 (622)
Reclassification of foreign currency translation adjustments into earnings due to sale of business 0 0 0 217,548
Net gain on derivatives, net of tax 266 290 1,914 113
Comprehensive income 33,993 28,693 95,447 287,307
Less: comprehensive income attributable to noncontrolling interests 1,236 1,253 2,818 2,697
Comprehensive income attributable to Bloomin’ Brands $ 32,757 $ 27,440 $ 92,629 $ 284,610
Basic earnings per share:        
Continuing operations (in USD per share) [1] $ 0.37 $ 0.29 $ 1.02 $ 0.79
Discontinued operations (in USD per share) [1]   0.01   0.01
Net basic earnings per share (in USD per share) [1] 0.37 0.30 1.02 0.80
Diluted earnings per share:        
Continuing operations (in USD per share) [1] 0.37 0.29 1.01 0.79
Discontinued operations (in USD per share) [1]   0.01   0.01
Net diluted earnings per share (in USD per share) [1] $ 0.36 $ 0.30 $ 1.01 $ 0.79
Weighted average common shares outstanding:        
Basic (in shares) 85,559 85,041 85,418 84,971
Diluted (in shares) 86,223 85,140 85,987 85,135
Restaurant sales        
Revenues        
Total revenues $ 997,957 $ 984,771 $ 2,039,783 $ 2,014,288
Franchise and other revenues        
Revenues        
Total revenues $ 17,852 $ 17,595 $ 35,699 $ 37,672
[1] Amounts may not add due to rounding.