TAMPA, Fla- Bloomin' Brands, Inc. (Nasdaq: BLMN) today reported results for the second quarter 2023 ('Q2 2023') compared to the second quarter 2022 ('Q2 2022').

CEO Comments

'We delivered another strong quarter of results that continues to highlight the benefits of our portfolio,' said David Deno, CEO. 'Earnings for the quarter were above expectations and revenues were in line. Our results reflect the investments we are making to elevate the customer experience as well as the ongoing execution of our growth strategy. We remain well positioned to deliver on our long-term goals of growing sustainable sales and profits while maximizing total shareholder return.'

Diluted EPS and Adjusted Diluted EPS

The following table reconciles Diluted earnings (loss) per share to Adjusted diluted earnings per share for the periods indicated (unaudited):

See full release at: https://investors.bloominbrands.com/news-releases/news-release-details/bloomin-brands-announces-q2-2023-financial-results

Tara Kurian

VP, Corporate Finance and Investor Relations

(813) 830-5311

Source: Bloomin' Brands, Inc.

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