Bloomin' Brands, Inc. Reports Earnings Results for the Second Quarter Ended June 27, 2021
July 30, 2021 at 07:02 am EDT
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Bloomin' Brands, Inc. announced earnings results for the second quarter ended June 27, 2021. For the second quarter, the company announced total revenue was USD 1,077.366 million compared to USD 578.459 million a year ago. Operating income was USD 124.637 million compared to operating loss of USD 111.912 million a year ago. Net income was USD 82.545 million compared to net loss of USD 92.256 million a year ago. Basic earnings per share from continuing operations was USD 0.93 compared to basic loss per share from continuing operations of USD 1.05 a year ago. Diluted earnings per share from continuing operations was USD 0.75 compared to diluted loss per share from continuing operations of USD 1.05 a year ago. For the half year, total revenue was USD 2,064.839 million compared to USD 1,586.796 million a year ago. Operating income was USD 215.635 million compared to operating loss of USD 153.480 million a year ago. Net income was USD 151.407 million compared to net loss of USD 126.867 million a year ago. Basic earnings per share from continuing operations was USD 1.71 compared to basic loss per share from continuing operations of USD 1.49 a year ago. Diluted earnings per share from continuing operations was USD 1.38 compared to diluted loss per share from continuing operations of USD 1.49 a year ago.
Bloomin Brands, Inc. is a casual dining restaurant company. It has four founder-inspired brands: Outback Steakhouse, Carrabbas Italian Grill, BonefishGrill, and Flemings Prime Steakhouse & Wine Bar. Outback Steakhouse is a casual steakhouse restaurant concept focused on steaks, bold flavors and Australian decor. Carrabbas Italian Grill offers authentic Italian cuisine passed down from its founder's family recipes. Bonefish Grill specializes in fish from around the world, hand-cut in-house every day, savory wood-grilled specialties, and locally created seasonal partner selection dishes. Flemings Prime Steakhouse & Wine Bar is a contemporary interpretation of the classic American steakhouse, boasting culinary mastery, signature style and unrivaled attentive service to create memorable dining experiences for guests. It owns and operates more than 1,450 restaurants in 47 states, Guam and 13 countries, some of which are franchise locations. It has two segments: U.S. and international.
BLOOMIN' BRANDS, INC. 
