Www.bloominbrands.com Gift Card
Www.bloominbrands.com Gift Card - RayID: 7bf6af3bda803f4a IP: 36.82.97.81 Home / Popular Favorites / Gift Cards / Outback, Carrabba, Bonefish Grill, Fleming's Gift Card Bloomin' Brands, Inc. Gift card redeemable at all Outback the Steakhouse's Grill locations at all Outback Steakhouses' Carll. United States, Prime Steakhouse Grill & Wine Bar.
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Www.bloominbrands.com Gift Card
Bloomin' Brands gift cards are the latest way to see how many exciting choices one card can offer. From steak to seafood to classic Italian, Bloomin' Brands restaurants have it all. Our card can be redeemed at any of the following restaurants: Outback Steakhouse, Carrabba's Italian Grill, Bonefish Grill and Fleming's Prime Steakhouse & Wine Bar Reduce your car insurance premium by 10% per year for 3 years.
Upgrade and improve your driving skills too. Bloomingdale's makes checking your gift card balance easy and convenient. Q1 Diluted EPS of $0.93 and Adjusted Diluted EPS of $0.98 Q1 Combined US Restaurant Sales Growth of 5.1% Confirms All FY2023 Guidance TAMPA, Fla.--( BUSINESS WIRE )--Apr.
28/2023 - Bloomin' Brands, Inc. (Nasdaq: BLMN) today reported results for the first quarter of 2023 ("Q1 2023") compared to the first quarter of 2022 ("Q1 2022"). CEO Comments "The first quarter was a strong start to the year and I am pleased with the progress of all of our brands," said CEO David Denno.
About Bloomin’ Brands, Inc
Our first quarter results reflect the work we are doing to improve the customer experience and deliver healthy top-line growth." These efforts have led to increased sales and profits, putting us in a good position to meet our 2023 goals." Diluted EPS and Adjusted Diluted EPS The following table sets forth diluted earnings per share and adjusted diluted earnings per share for the periods indicated: (1) Adjustments for the periods shown reflect our convertible bond hedge that offsets the dilutive effect of the underlying 2025 bonds.
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The net result was not adjusted in the periods presented. See Non-GAAP Measures later in this release. (1) Excludes the effect of currency fluctuations and the benefit of the Brazilian VAT exemption. Includes the effect of trading days from calendar period reports. Dividend Declaration and Share Repurchases On April 18, 2023, our board of directors declared a quarterly cash dividend of $0.24 per share, payable on May 24, 2023, to shareholders on May 10, 2023.
Through April 26, 2023, we repurchased 1.1 million shares for a total of $27 million. On February 7, 2023, our board of directors approved the authorization of $125 million (the “2023 Stock Repurchase Program”), which expires on August 7, 2024. We have $113 million of stock repurchase authorization remaining under our 2023 stock repurchase program.
2023 Financial Outlook We are confirming all aspects of our full-year financial guidance as previously announced in our February 16, 2023 earnings announcement. Second Quarter 2023 Financial Outlook The following table sets forth our expectations for second quarter 2023 operating results: (1) Assumes GAAP weighted average diluted shares outstanding of approximately 98 million.
Defensive Driving
2) Assumes approximately 93 million weighted average adjusted diluted shares outstanding, which includes the hedge benefit of the May 2020 Convertible Notes. Conference Call The Company will host a conference call today, April 28, 2023 at 8:15 a.m. EDT. The conference call will be webcast live on the company's website at http://www.bloominbrands.com, in the investor section.
A webcast replay of the call will be available on the company's website. Non-GAAP Measures In addition to results reported in accordance with GAAP, this press release and related tables contain certain non-GAAP measures that present operating results on an adjusted basis. These are additional performance measures not required or presented by GAAP and include: (i) restaurant-level operating income and related margin, and (ii) adjusted diluted earnings per share.
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Restaurant-level operating margin is a non-GAAP financial measure that is widely regarded in the industry as a useful metric for evaluating restaurant-level operating efficiency and the performance of restaurant-level operations and is used for these purposes, generally and specifically internally. our business. two segments. We believe that the use of non-GAAP financial measures allows investors to evaluate the operating performance of our business relative to GAAP results and other companies in the restaurant industry by isolating the effects of individual items that may vary from period to period.
period. Not correlated with underlying operating performance or that varies widely among similar companies. However, the inclusion of these adjusted measures should not be construed as an indication that our future results will not be affected by unusual or infrequent items, or that the items for which we have made adjustments are unusual or infrequent or will not recur.
We believe the disclosure of these non-GAAP measures is useful to investors because they form the basis of how our management and board evaluates our operating performance, allocates resources and implements our employee incentive plans. These non-GAAP financial measures are not substitutes for GAAP financial measures and are not necessarily standardized or comparable to similarly titled measures used by other companies.
We maintain internal policies regarding the types of adjustments included in our non-GAAP measures. These guidelines attempt to distinguish between profits and expenses that reflect our core business in a given period and those that may vary from period to period without any correlation to our core business in that period.
However, implementation of these guidelines necessarily involves the exercise of judgment and the handling of matters not directly affected by our guidelines or changes to our guidelines are reviewed by our Disclosure Committee. See the Reconciliation of Non-GAAP Measures in Tables Four, Five and Six following this release for a description of the actual adjustments made in the current period and the corresponding prior periods.
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About Bloomin' Brands, Inc. Bloomin' Brands, Inc. is one of the world's largest casual dining companies, offering leading, distinctive restaurant concepts. The company has four brands inspired by its founders: Outback Steakhouse, Carrabba's Italian Grill, Bonefish Grill and Fleming's Prime Steakhouse & Wine Bar. The company owns and operates more than 1,450 restaurants in 47 states, Guam and 13 countries, some of which are franchised.
locations. For more information, visit www.blominbrands.com. Forward-Looking Statements Certain statements are included herein, including ``CEO's Remarks,'' ``Fiscal 2023 Financial Outlook'' and ``Fiscal 2023''. Second Quarter Financial Outlook" reports are not based on historical facts and are "forward-looking statements" under applicable securities laws. Generally, these statements can be identified by the use of words such as "guides", "believes", "estimates", "predicts", "expects", "is on track", "feels", "forecasts", "seeks".
" "plans," "intends," "plans," "may," "will," "should," "may," "will" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifiers. words. These forward-looking statements include all facts that are not historical facts. By their nature, forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from the company's forward-looking statements. Risks and uncertainties include, but are not limited to: customer reaction
public health and food safety issues; rising labor costs and fluctuating employee availability; rising unemployment rates and rising taxes; race; disruptions or disruptions to our systems or loss of customer or employee information; commodity prices and availability and other effects of inflation; our treatment of suppliers and distributors
limited quantity; the health impacts and uncertainties related to the depth and duration of the pandemic, as well as the effects on economic conditions, domestic and foreign federal, state, and local government responses to the pandemic, and consumer behavior; Political, social and legal conditions of international markets and their influence on foreign activities and exchange rates;
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