Bloomin' Brands, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 26, 2021
November 02, 2021 at 07:00 am EDT
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Bloomin' Brands, Inc. reported earnings results for the third quarter and nine months ended September 26, 2021. For the third quarter, the company reported revenue was USD 1,010.46 million compared to USD 771.26 million a year ago. Net income was USD 3.45 million compared to net loss of USD 17.64 million a year ago. Basic earnings per share from continuing operations was USD 0.04 compared to basic loss per share from continuing operations of USD 0.2 a year ago. Diluted earnings per share from continuing operations was USD 0.03 compared to diluted loss per share from continuing operations of USD 0.2 a year ago.
For the nine months, revenue was USD 3,075.3 million compared to USD 2,358.06 million a year ago. Net income was USD 154.86 million compared to net loss of USD 144.5 million a year ago. Basic earnings per share from continuing operations was USD 1.74 compared to basic loss per share from continuing operations of USD 1.69 a year ago. Diluted earnings per share from continuing operations was USD 1.42 compared to diluted loss per share from continuing operations of USD 1.69 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. 
