Bloomin' Brands, Inc. reported its financial results for the thirteen weeks ended September 28, 2025, revealing total revenues of $928.8 million, a 2.1% increase from $910.0 million in the same period last year. Restaurant sales contributed $911.9 million, up from $889.8 million, while franchise and other revenues decreased to $16.9 million from $20.2 million. The company experienced a significant operating loss of $36.4 million compared to an operating income of $8.6 million in the prior year, primarily due to increased costs and impairment charges related to restaurant closures.
The company's net loss attributable to Bloomin' Brands was $45.9 million, or $(0.54) per diluted share, compared to a net income of $6.9 million, or $0.08 per diluted share, in the same quarter of 2024. The decline in profitability was attributed to higher food and beverage costs, labor expenses, and other operating costs, which were exacerbated by inflationary pressures. The restaurant-level operating margin fell to 9.2% from 11.1% year-over-year, reflecting the challenges faced in managing operational costs.
In terms of strategic developments, Bloomin' Brands has been implementing a turnaround strategy focused on enhancing the customer experience, driving brand relevance, and investing in restaurant updates. The company has also shifted towards a primarily franchised model for its international operations, following the sale of a majority stake in its Brazilian business in December 2024. This strategic move is expected to streamline operations and reduce capital expenditures associated with direct ownership.
Operationally, Bloomin' Brands operated 987 restaurants and franchised 496 as of September 28, 2025. The company reported a slight increase in customer traffic, with U.S. comparable restaurant sales rising by 1.2%. However, the average check per person increased by 1.3%, indicating that while customer counts improved, the overall dining experience and pricing strategies are being adjusted to maintain profitability. The company also noted a reduction in its employee headcount, reflecting ongoing efforts to optimize labor costs.
Looking ahead, Bloomin' Brands anticipates continued challenges in the current economic environment, particularly regarding inflation and labor costs. The company has suspended its dividend as part of its turnaround strategy, focusing on debt reduction and capital allocation to support operational improvements. Management remains committed to enhancing restaurant performance and achieving sustainable growth, despite the current financial setbacks.
About Bloomin' Brands, Inc.
Bloomin’ Brands, Inc. operates one of the largest casual dining restaurant portfolios globally, featuring concepts like Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill, and Fleming’s Prime Steakhouse & Wine Bar. It serves diverse markets across the U.S. and international franchises, offering varied dining experiences from casual to fine dining. The company generates revenue through company-owned restaurants and franchising, leveraging strong brand recognition, quality food, and customer loyalty programs.
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