Here are three stocks with buy rank and strong value characteristics for investors to consider today, September 11th:
Allstate (ALL - Free Report) : This company, which is the third-largest property-casualty (P&C) insurer and the largest publicly-held personal lines carrier in the U.S., carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 18.4% over the last 60 days.
Allstate has a price-to-earnings ratio (P/E) of 7.14 compared with 53.30 for the industry. The company possesses a Value Score of A.
RCM Technologies (RCMT - Free Report) : This company, which is a national provider of Business, Technology and resource solutions in information technology and professional engineering to customers in corporate and government sectors, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 13.3% over the last 60 days.
RCM Technologies has a price-to-earnings ratio (P/E) of 13.12 compared with 27.40 for the industry. The company possesses a Value Score of A.
Bloomin' Brands (BLMN - Free Report) : This casual dining restaurant company with a portfolio of differentiated restaurant concepts, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 10.1% over the last 60 days.
Bloomin' Brands’ has a price-to-earnings ratio (P/E) of 9.25 compared with 22.60 for the industry. The company possesses a Value Score of A.
See the full list of top ranked stocks here.
Learn more about the Value score and how it is calculated here.
Here are three stocks with buy rank and strong value characteristics for investors to consider today, September 8th:
Heritage Insurance (HRTG - Free Report) : This property and casualty insurance holding company, which provides personal residential insurance for single-family homeowners and condominium owners, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 27% over the last 60 days.
Heritage Insurance has a price-to-earnings ratio (P/E) of 6.17 compared with 54.50 for the industry. The company possesses a Value Score of A.
Eni (E - Free Report) : This integrated energy company, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 14.5% over the last 60 days.
Eni has a price-to-earnings ratio (P/E) of 9.19 compared with 9.70 for the industry. The company possesses a Value Score of A.
Bloomin' Brands (BLMN - Free Report) : This casual dining restaurant company, that offers its products and services through company owned and franchised locations throughout the United States and internationally, carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 14.5% over the last 60 days.
Bloomin' Brands’ has a price-to-earnings ratio (P/E) of 10.02 compared with 24 for the industry. The company possesses a Value Score of A.
See the full list of top ranked stocks here.
Learn more about the Value score and how it is calculated here.
Momentum investing is essentially an exception to the idea of "buying low and selling high." Investors following this style of investing are usually not interested in betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time.
Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead of their future growth potential. In such a situation, investors find themselves loaded up on expensive shares with limited to no upside or even a downside. So, going all-in on momentum could be risky at times.
It could be safer to invest in bargain stocks that have been witnessing price momentum recently. While the Zacks Momentum Style Score (part of the Zacks Style Scores system), which pays close attention to trends in a stock's price or earnings, is pretty useful in identifying great momentum stocks, our 'Fast-Paced Momentum at a Bargain' screen comes handy in spotting fast-moving stocks that are still attractively priced.
There are several stocks that currently pass through the screen and Bloomin' Brands (BLMN - Free Report) is one of them. Here are the key reasons why this stock is a great candidate.
A dash of recent price momentum reflects growing interest of investors in a stock. With a four-week price change of 9.2%, the stock of this owner of Outback Steakhouse and other casual dining spots is certainly well-positioned in this regard.
While any stock can see a spike in price for a short period, it takes a real momentum player to deliver positive returns for a longer time frame. BLMN meets this criterion too, as the stock gained 31.1% over the past 12 weeks.
Moreover, the momentum for BLMN is fast paced, as the stock currently has a beta of 1.23. This indicates that the stock moves 23% higher than the market in either direction.
Given this price performance, it is no surprise that BLMN has a Momentum Score of A, which indicates that this is the right time to enter the stock to take advantage of the momentum with the highest probability of success.
In addition to a favorable Momentum Score, an upward trend in earnings estimate revisions has helped BLMN earn a Zacks Rank #1 (Strong Buy). Our research shows that the momentum-effect is quite strong among Zacks Rank #1 and #2 stocks. That's because as covering analysts raise their earnings estimates for a stock, more and more investors take an interest in it, helping its price race to keep up. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
Most importantly, despite possessing fast-paced momentum features, BLMN is trading at a reasonable valuation. In terms of Price-to-Sales ratio, which is considered as one of the best valuation metrics, the stock looks quite cheap now. BLMN is currently trading at 0.21 times its sales. In other words, investors need to pay only 21 cents for each dollar of sales.
So, BLMN appears to have plenty of room to run, and that too at a fast pace.
In addition to BLMN, there are several other stocks that currently pass through our 'Fast-Paced Momentum at a Bargain' screen. You may consider investing in them and start looking for the newest stocks that fit these criteria.
This is not the only screen that could help you find your next winning stock pick. Based on your personal investing style, you may choose from over 45 Zacks Premium Screens that are strategically created to beat the market.
However, keep in mind that the key to a successful stock-picking strategy is to ensure that it produced profitable results in the past. You could easily do that with the help of the Zacks Research Wizard. In addition to allowing you to backtest the effectiveness of your strategy, the program comes loaded with some of our most successful stock-picking strategies.
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Algert Global LLC acquired a new stake in shares of Bloomin’ Brands, Inc. (NASDAQ:BLMN – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 52,490 shares of the restaurant operator’s stock, valued at approximately $480,000. Algert Global LLC owned about 0.06% of Bloomin’ Brands as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also bought and sold shares of BLMN. Quantbot Technologies LP purchased a new position in Bloomin’ Brands in the 2nd quarter worth about $58,000. Landscape Capital Management L.L.C. purchased a new position in shares of Bloomin’ Brands during the second quarter valued at approximately $1,198,000. Ieq Capital LLC purchased a new position in shares of Bloomin’ Brands during the second quarter valued at approximately $2,474,000. Allworth Financial LP bought a new position in Bloomin’ Brands during the second quarter valued at approximately $55,000. Finally, BlackRock Inc. purchased a new stake in Bloomin’ Brands in the second quarter worth approximately $62,563,000.
Bloomin’ Brands Stock Performance BLMN stock opened at $10.58 on Monday. Bloomin’ Brands, Inc. has a fifty-two week low of $5.19 and a fifty-two week high of $12.63. The firm has a market cap of $905.86 million, a PE ratio of 34.13, a price-to-earnings-growth ratio of 2.73 and a beta of 1.22. The firm has a fifty day moving average price of $9.40 and a 200 day moving average price of $7.65. The company has a debt-to-equity ratio of 1.62, a quick ratio of 0.18 and a current ratio of 0.25.
Bloomin’ Brands (NASDAQ:BLMN – Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The restaurant operator reported $0.39 earnings per share for the quarter, beating analysts’ consensus estimates of $0.29 by $0.10. The business had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $1 billion. Bloomin’ Brands had a net margin of 0.70% and a return on equity of 28.95%. The business’s revenue was up 1.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.32 earnings per share. Bloomin’ Brands has set its FY 2026 guidance at 0.900-1.000 EPS and its Q3 2026 guidance at -0.270–0.220 EPS. Sell-side analysts anticipate that Bloomin’ Brands, Inc. will post 0.98 earnings per share for the current fiscal year. Analysts Set New Price Targets BLMN has been the topic of a number of research reports. UBS Group raised their price target on Bloomin’ Brands from $6.00 to $9.00 and gave the stock a “neutral” rating in a research note on Thursday, May 7th. Citigroup lowered their target price on Bloomin’ Brands from $9.50 to $8.75 and set a “neutral” rating on the stock in a report on Friday, July 24th. Sanford C. Bernstein set a $9.00 price target on Bloomin’ Brands in a research note on Thursday, May 7th. Barclays upped their price target on shares of Bloomin’ Brands from $7.00 to $9.00 and gave the company an “equal weight” rating in a research report on Thursday, May 7th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $11.00 price objective on shares of Bloomin’ Brands in a report on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $9.75.
Get Our Latest Research Report on BLMN
Bloomin’ Brands Company Profile (Free Report)
Bloomin’ Brands, Inc engages in the ownership, operation and franchising of casual dining restaurants worldwide. The company’s portfolio includes five full-service restaurant chains: Outback Steakhouse, known for its Australian-inspired steakhouse concept; Carrabba’s Italian Grill, offering Italian-American cuisine; Bonefish Grill, specializing in handcrafted seafood dishes; Fleming’s Prime Steakhouse & Wine Bar, focusing on premium steak and wine experiences; and Aussie Grill by Outback, featuring a streamlined menu of signature items.
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Bloomin’ Brands (NASDAQ:BLMN – Get Free Report) and TUI (OTCMKTS:TUIFF – Get Free Report) are both consumer discretionary companies, but which is the better investment? We will contrast the two companies based on the strength of their earnings, profitability, dividends, analyst recommendations, valuation, risk and institutional ownership.
Valuation and Earnings This table compares Bloomin’ Brands and TUI”s revenue, earnings per share and valuation.
Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Bloomin’ Brands $3.96 billion 0.23 $8.24 million $0.31 34.13 TUI N/A N/A N/A $0.31 26.38 Bloomin’ Brands has higher revenue and earnings than TUI. TUI is trading at a lower price-to-earnings ratio than Bloomin’ Brands, indicating that it is currently the more affordable of the two stocks. Analyst Ratings This is a breakdown of current recommendations and price targets for Bloomin’ Brands and TUI, as reported by MarketBeat.
Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Bloomin’ Brands 2 8 0 1 2.00 TUI 0 1 1 0 2.50 Bloomin’ Brands currently has a consensus target price of $9.75, indicating a potential downside of 7.84%. Given Bloomin’ Brands’ higher possible upside, analysts plainly believe Bloomin’ Brands is more favorable than TUI.
Institutional & Insider Ownership 13.6% of TUI shares are owned by institutional investors. 1.2% of Bloomin’ Brands shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
Profitability This table compares Bloomin’ Brands and TUI’s net margins, return on equity and return on assets.
Net Margins Return on Equity Return on Assets Bloomin’ Brands 0.70% 28.95% 3.47% TUI N/A N/A N/A Summary Bloomin’ Brands beats TUI on 8 of the 11 factors compared between the two stocks.
About Bloomin’ Brands (Get Free Report)
Bloomin’ Brands, Inc. engages in the acquisition, operation, design, and development of restaurant concepts. It operates through the U.S. and International geographical segments. The U.S. segment operates in the USA and Puerto Rico. The International segment operates in Brazil, South Korea, Hong Kong, and China. Its brands include Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill, and Fleming’s Prime Steakhouse and Wine Bar. The company was founded by Chris Thomas Sullivan, Robert Danker Basham and John Timothy Gannon in March 1988 and is headquartered in Tampa, FL.
About TUI (Get Free Report)
TUI AG, together with its subsidiaries, provides tourism services worldwide. It operates hotels and resorts under the Royalton, Mora, RIU Hotels & Resorts, Robinson, TUI Blue, TUI Magic Life, Atlantica Hotels & Resorts, Grupotel, Iberotel, Akra Hotels, TUI Suneo, and AQI brands. The company is also involved in the tour operation and airlines businesses. In addition, it operates cruise ships under the Hapag-Lloyd Cruises and Marella brands. The company operates travel agencies and online portals; aircraft; and cruise ships. The company was formerly known as Preussag AG and changed its name to TUI AG in June 2002. TUI AG was founded in 1968 and is headquartered in Hanover, Germany.
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Momentum investing is essentially the opposite of the tried-and-tested Wall Street adage -- "buy low and sell high." Investors following this investing style typically avoid betting on cheap stocks and waiting long for them to recover. They believe instead that one could make far more money in lesser time by "buying high and selling higher."
Who doesn't like betting on fast-moving trending stocks? But determining the right entry point isn't easy. Often, these stocks lose momentum once their valuation moves ahead of their future growth potential. In such a situation, investors find themselves loaded up on expensive shares with limited to no upside or even a downside. So, going all-in on momentum could be risky at times.
A safer approach could be investing in bargain stocks with recent price momentum. While the Zacks Momentum Style Score (part of the Zacks Style Scores system) helps identify great momentum stocks by paying close attention to trends in a stock's price or earnings, our 'Fast-Paced Momentum at a Bargain' screen comes handy in spotting fast-moving stocks that are still attractively priced.
Bloomin' Brands (BLMN - Free Report) is one of the several great candidates that made it through the screen. While there are numerous reasons why this stock is a great choice, here are the most vital ones:
Investors' growing interest in a stock is reflected in its recent price increase. A price change of 23.5% over the past four weeks positions the stock of this owner of Outback Steakhouse and other casual dining spots well in this regard.
While any stock can see a spike in price for a short period, it takes a real momentum player to deliver positive returns for a longer time frame. BLMN meets this criterion too, as the stock gained 35% over the past 12 weeks.
Moreover, the momentum for BLMN is fast paced, as the stock currently has a beta of 1.22. This indicates that the stock moves 22% higher than the market in either direction.
Given this price performance, it is no surprise that BLMN has a Momentum Score of A, which indicates that this is the right time to enter the stock to take advantage of the momentum with the highest probability of success.
In addition to a favorable Momentum Score, an upward trend in earnings estimate revisions has helped BLMN earn a Zacks Rank #1 (Strong Buy). Our research shows that the momentum-effect is quite strong among Zacks Rank #1 and #2 stocks. That's because as covering analysts raise their earnings estimates for a stock, more and more investors take an interest in it, helping its price race to keep up. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
Most importantly, despite possessing fast-paced momentum features, BLMN is trading at a reasonable valuation. In terms of Price-to-Sales ratio, which is considered as one of the best valuation metrics, the stock looks quite cheap now. BLMN is currently trading at 0.23 times its sales. In other words, investors need to pay only 23 cents for each dollar of sales.
So, BLMN appears to have plenty of room to run, and that too at a fast pace.
In addition to BLMN, there are several other stocks that currently pass through our 'Fast-Paced Momentum at a Bargain' screen. You may consider investing in them and start looking for the newest stocks that fit these criteria.
This is not the only screen that could help you find your next winning stock pick. Based on your personal investing style, you may choose from over 45 Zacks Premium Screens that are strategically created to beat the market.
However, keep in mind that the key to a successful stock-picking strategy is to ensure that it produced profitable results in the past. You could easily do that with the help of the Zacks Research Wizard. In addition to allowing you to backtest the effectiveness of your strategy, the program comes loaded with some of our most successful stock-picking strategies.
Click here to sign up for a free trial to the Research Wizard today.
Bloomin' Brands (BLMN - Free Report) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.
The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.
Since a changing earnings picture is a powerful factor influencing near-term stock price movements, the Zacks rating system is very useful for individual investors. They may find it difficult to make decisions based on rating upgrades by Wall Street analysts, as these are mostly driven by subjective factors that are hard to see and measure in real time.
As such, the Zacks rating upgrade for Bloomin' Brands is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price.
Most Powerful Force Impacting Stock PricesThe change in a company's future earnings potential, as reflected in earnings estimate revisions, and the near-term price movement of its stock are proven to be strongly correlated. That's partly because of the influence of institutional investors that use earnings and earnings estimates for calculating the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their transaction of large amounts of shares then leads to price movement for the stock.
For Bloomin' Brands, rising earnings estimates and the consequent rating upgrade fundamentally mean an improvement in the company's underlying business. And investors' appreciation of this improving business trend should push the stock higher.
Harnessing the Power of Earnings Estimate RevisionsAs empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, tracking such revisions for making an investment decision could be truly rewarding. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions.
The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>> .
Earnings Estimate Revisions for Bloomin' BrandsFor the fiscal year ending December 2026, this owner of Outback Steakhouse and other casual dining spots is expected to earn $0.94 per share, which is unchanged compared with the year-ago reported number.
Analysts have been steadily raising their estimates for Bloomin' Brands. Over the past three months, the Zacks Consensus Estimate for the company has increased 8.1%.
Bottom LineUnlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of "buy" and "sell" ratings for its entire universe of more than 4,000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a "Strong Buy" rating and the next 15% get a "Buy" rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.
You can learn more about the Zacks Rank here >>>
The upgrade of Bloomin' Brands to a Zacks Rank #1 positions it in the top 5% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term.
Bloomin' Brands, Inc. is upgraded to Hold after a post-earnings rally, reflecting a more balanced risk/reward profile. Outback's same-store sales growth is driven entirely by pricing, while traffic continues to decline, raising sustainability concerns. Bonefish Grill and Fleming's outperform with traffic-driven growth and value-focused menu innovations, partially offsetting Outback's challenges.
Bloomin' Brands (BLMN - Free Report) reported $1.02 billion in revenue for the quarter ended June 2026, representing a year-over-year increase of 1.3%. EPS of $0.39 for the same period compares to $0.33 a year ago.
The reported revenue represents a surprise of +1.67% over the Zacks Consensus Estimate of $999.08 million. With the consensus EPS estimate being $0.28, the EPS surprise was +39.29%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Bloomin' Brands performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Number of restaurants - System-wide total: 1,448 versus the four-analyst average estimate of 1,459.Comparable restaurant sales - U.S. - Fleming?s Prime Steakhouse and Wine Bar: 1.6% versus 1.5% estimated by four analysts on average.Comparable restaurant sales - U.S. - Carrabba?s Italian Grill: 1.7% compared to the 1.1% average estimate based on four analysts.Comparable restaurant sales - U.S. - Outback Steakhouse: 1.4% compared to the 0.6% average estimate based on four analysts.Comparable restaurant sales - U.S. - Combined U.S.: 2.3% versus 1.1% estimated by four analysts on average.Geographic Revenue- Total U.S.: $998.63 million versus the two-analyst average estimate of $978.22 million. The reported number represents a year-over-year change of +1.3%.Geographic Revenue- Total U.S.- Franchise and other revenues: $10.25 million compared to the $9.03 million average estimate based on two analysts. The reported number represents a change of -2.7% year over year.Geographic Revenue- Total U.S.- Restaurant sales: $988.39 million versus the two-analyst average estimate of $969.21 million. The reported number represents a year-over-year change of +1.3%.Geographic Revenue- International Franchise- Franchise revenues: $7.59 million compared to the $7.59 million average estimate based on two analysts. The reported number represents a change of +7.7% year over year.Revenues- Restaurant sales: $997.96 million compared to the $981.41 million average estimate based on four analysts. The reported number represents a change of +1.3% year over year.Revenues- Franchise and other revenues: $17.85 million compared to the $17.35 million average estimate based on four analysts. The reported number represents a change of +1.5% year over year.Revenues- All other revenues: $9.58 million versus $9.84 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +1% change.View all Key Company Metrics for Bloomin' Brands here>>>
Shares of Bloomin' Brands have returned +11.8% over the past month versus the Zacks S&P 500 composite's +3.5% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
Bloomin' Brands (BLMN - Free Report) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.33 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +39.29%. A quarter ago, it was expected that this owner of Outback Steakhouse and other casual dining spots would post earnings of $0.57 per share when it actually produced earnings of $0.67, delivering a surprise of +17.54%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Bloomin' Brands, which belongs to the Zacks Retail - Restaurants industry, posted revenues of $1.02 billion for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 1.67%. This compares to year-ago revenues of $1 billion. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Bloomin' Brands shares have added about 44.6% since the beginning of the year versus the S&P 500's gain of 13%.
What's Next for Bloomin' Brands?While Bloomin' Brands has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Bloomin' Brands was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is -$0.19 on $921.96 million in revenues for the coming quarter and $0.86 on $3.96 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Retail - Restaurants is currently in the bottom 23% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, El Pollo Loco Holdings (LOCO - Free Report) , is yet to report results for the quarter ended June 2026. The results are expected to be released on August 6.
This Tex-Mex fast food chain is expected to post quarterly earnings of $0.29 per share in its upcoming report, which represents a year-over-year change of +3.6%. The consensus EPS estimate for the quarter has been revised 8.3% higher over the last 30 days to the current level.
El Pollo Loco Holdings' revenues are expected to be $131 million, up 4.1% from the year-ago quarter.
3 Dividend Stocks With Insiders Buying in 2026Bloomin' Brands NASDAQ: BLMN reported fiscal second-quarter 2026 revenue of $1.02 billion, up 1% from $1 billion a year earlier, as positive comparable restaurant sales helped offset continued traffic pressure at several of its brands.
The company said U.S. comparable restaurant sales increased 2.3% during the quarter, while traffic declined 1.9%. Average check rose 4.2% from the prior-year period, reflecting pricing that was partly offset by negative mix as the company continued to promote affordable offerings.
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Does Cheesecake Factory Stock Have Any Upside Left on the Menu?Adjusted diluted earnings per share rose to $0.39 from $0.32 a year earlier, while GAAP diluted earnings per share increased to $0.37 from $0.29. Adjusted operating margin improved to 4.0% from 3.5%, driven by stronger restaurant margins. Chief Financial Officer Eric Christel said commodity inflation was 5.7% in the quarter, while labor costs benefited from lapping higher health insurance costs in the prior year and other restaurant operating expenses benefited from productivity initiatives.
Brand Performance Outback Steakhouse posted comparable sales growth of 1.4%, though traffic declined 2.8%. Chief Executive Officer Mike Spanos said the company chose not to repeat certain traffic-driving offers from the prior year, particularly in third-party delivery, because it viewed them as profit dilutive.
Higher Beef Prices Are Here: Best Steakhouse Stocks for 2026Spanos said the company’s Aussie three-course affordability offering continued to bring in guests, with roughly 60% consistently trading up from the entry price point to higher-priced tiers. About 20% of guests also traded up to the dessert option, he said.
Carrabba’s Italian Grill: Comparable sales increased 1.7%, while traffic declined 2.5%. The brand recorded its sixth consecutive quarter of positive comparable sales growth. Bonefish Grill: Comparable sales rose 8.1% and traffic increased 4.5%, supported by day-of-week offers including Margarita and Martini Mondays and Bang Bang Shrimp Wednesdays. Fleming’s Prime Steakhouse & Wine Bar: Comparable sales grew 1.6%, with traffic down 2.8%. The brand delivered its eighth consecutive quarter of positive comparable sales growth. Off-premises sales represented 24% of total U.S. sales, unchanged from the prior-year quarter. Outback’s off-premises mix was 26%, while Carrabba’s was 34%.
Outback Turnaround Efforts Management continued to emphasize its turnaround strategy for Outback, which is centered on improving the dine-in experience, increasing brand relevancy, rebuilding a culture of ownership and fun, and investing in restaurant refreshes.
Spanos said Outback’s guest metrics improved year over year for a fourth consecutive quarter. In the second quarter, guest scores rose seven points for both service and atmosphere, six points for value, five points for intent to return, four points for food, and two points for brand trust.
The company completed the rollout of a revised service model across Outback locations during the quarter, reducing peak-hour server stations from six tables per server to four. Spanos said Outback’s absolute service scores exceeded 90% top-box ratings and increased by nearly three points year over year. He also said server pay was “almost exactly the same” following the change, with tips increasing as a percentage of sales and tip sharing declining.
Management cited stronger guest trade-up behavior in premium steak cuts, steak toppers, premium sides and desserts. Spanos said the company’s upgraded steak lineup has produced high guest scores, while an expanded char-grill platform has increased kitchen capacity for steak and non-steak proteins.
The company plans to increase marketing spending in the second half, with messaging centered on Outback’s Australian-themed identity, steak offerings, affordability and service. Christel said total marketing spending is expected to rise by about $15 million from the prior year for the full year, including approximately $10 million at Outback. Management expects to shift the media mix toward approximately 60% digital and 40% linear television.
Restaurant Investments and Capital Allocation Bloomin’ Brands remains on track to refresh nearly all Outback restaurants by the end of 2028. The company had completed approximately 31 refreshes through the end of July and expects to complete about 85 during fiscal 2026. Each refresh is expected to cost an average of $350,000 to $400,000 and include targeted updates to interiors and exteriors.
Capital expenditures were $44 million in the second quarter, and the company maintained its full-year capital spending outlook of $185 million to $195 million. Christel said the company’s capital allocation priorities remain investing in the base business and reducing debt.
Total debt net of cash was $636 million at the end of the quarter. Lease-adjusted net leverage was 3.7 times, while net debt to adjusted EBITDA was 2.0 times. The company’s long-term lease-adjusted net leverage target remains 3.0 times.
Updated 2026 Outlook The company raised its full-year adjusted diluted EPS guidance to $0.90 to $1.00, from prior guidance of $0.75 to $0.90. Christel attributed the increase to year-to-date performance, improved sales mix and better cost control in the middle of the profit-and-loss statement.
Bloomin’ Brands continues to expect U.S. comparable restaurant sales growth of 1% to 2% for fiscal 2026. Management expects mix to improve by approximately 100 basis points, offset by somewhat lower traffic due to its decision not to repeat prior-year promotional offers that reduced profitability.
For the third quarter, the company expects U.S. comparable sales growth of 1% to 2% and an adjusted diluted loss per share of $0.27 to $0.22. It expects approximately $5 million in tax expense during the quarter and a roughly $2 million loss from its 33% Brazil equity-method investment.
Turnaround investments for 2026 are now expected to total $36 million, down from $50 million, as the company reduced its anticipated mix-related food investment to $4 million from $18 million. Productivity savings are still expected to total $30 million, resulting in a projected net investment of $6 million for the year.
About Bloomin' Brands (NASDAQ:BLMN)Bloomin' Brands, Inc engages in the ownership, operation and franchising of casual dining restaurants worldwide. The company's portfolio includes five full-service restaurant chains: Outback Steakhouse, known for its Australian-inspired steakhouse concept; Carrabba's Italian Grill, offering Italian-American cuisine; Bonefish Grill, specializing in handcrafted seafood dishes; Fleming's Prime Steakhouse & Wine Bar, focusing on premium steak and wine experiences; and Aussie Grill by Outback, featuring a streamlined menu of signature items.
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Q2 Diluted EPS of $0.37 and Q2 Adjusted Diluted EPS of $0.39
Raises Full-Year Diluted and Adjusted Diluted EPS Guidance
TAMPA, Fla.--(BUSINESS WIRE)--Bloomin’ Brands, Inc. (Nasdaq: BLMN) today reported results for the second quarter 2026 (“Q2 2026”) compared to the second quarter 2025 (“Q2 2025”).
CEO Comments
“I am pleased with our financial results in the second quarter and our continued progress on the Outback Turnaround, which has led us to raise our full year earnings guidance,” said Mike Spanos, CEO. “We remain focused on consistency of execution across food, service, experience, and affordability to deliver a great guest experience.”
Diluted EPS and Adjusted Diluted EPS
The following table reconciles Diluted earnings per share from continuing operations to Adjusted diluted earnings per share from continuing operations for the periods indicated (unaudited):
Q2
2026
2025
CHANGE
Diluted earnings per share:
$
0.37
$
0.29
$
0.08
Adjustments (1)
0.02
0.03
(0.01
)
Adjusted diluted earnings per share (1)
$
0.39
$
0.32
$
0.07
_______________
(1) Adjustments for Q2 2026 and Q2 2025 primarily relate to costs in connection with transformational and restructuring initiatives. Q2 2025 also includes costs associated with the foreign currency forward contracts. See non-GAAP Measures later in this release. Also see Tables Five and Six for further details regarding the nature of diluted earnings per share adjustments for the periods presented. Second Quarter Financial Results
(dollars in millions, unaudited)
Q2 2026
Q2 2025
CHANGE
Total revenues
$
1,015.8
$
1,002.4
1.3
%
GAAP operating income margin
3.8
%
3.0
%
0.8
%
Adjusted operating income margin (1)
4.0
%
3.5
%
0.5
%
Restaurant-level operating margin (1)
12.4
%
12.0
%
0.4
%
_______________
(1) See non-GAAP Measures later in this release. Also see Tables Four and Five for details regarding the nature of restaurant-level operating margin and operating income margin adjustments, respectively. The increase in Total revenues was primarily due to higher comparable restaurant sales partially offset by the net impact of restaurant closures and openings. GAAP operating income margin increased from Q2 2025 primarily due to an increase in restaurant-level operating margin, as detailed below, and lower costs in connection with transformational and restructuring initiatives. These impacts were partially offset by higher impairment and closing costs. Restaurant-level operating margin increased from Q2 2025 primarily due to: (i) higher average check per person, primarily due to pricing, (ii) productivity initiatives and (iii) lower pre-opening costs and health insurance expense. These impacts were partially offset by higher commodity, labor and operating costs, mainly due to inflation, and higher advertising expense. Adjusted operating income margin primarily excludes: (i) accelerated depreciation in Q2 2026 associated with equipment upgrades in connection with the turnaround strategy, (ii) Q2 2025 severance and other costs incurred as a result of transformational and restructuring initiatives and (iii) Q2 2025 costs associated with foreign currency forward contracts. Second Quarter Comparable Restaurant Sales
THIRTEEN WEEKS ENDED JUNE 28, 2026
COMPANY-OWNED
Comparable restaurant sales (stores open 18 months or more):
U.S.
Outback Steakhouse
1.4
%
Carrabba’s Italian Grill
1.7
%
Bonefish Grill
8.1
%
Fleming’s Prime Steakhouse & Wine Bar
1.6
%
Combined U.S.
2.3
%
Fiscal 2026 Financial Outlook
The table below presents our updated expectations for selected 2026 financial operating results. We are reaffirming all other aspects of our full-year financial guidance as previously communicated.
Financial Results:
Prior Outlook
Current Outlook
U.S. comparable restaurant sales
0.5% to 2.5%
1.0% to 2.0%
Diluted earnings per share (1)
$0.70 to $0.85
$0.85 to $0.95
Adjusted diluted earnings per share (1)
$0.75 to $0.90
$0.90 to $1.00
_______________
(1) Assumes diluted weighted average shares of approximately 86 million.
Q3 2026 Financial Outlook
The table below presents our expectations for selected fiscal Q3 2026 financial operating results.
Financial Results:
Q3 2026 Outlook
U.S. comparable restaurant sales
1.0% to 2.0%
Diluted earnings per share (1)
($0.28) to ($0.23)
Adjusted diluted earnings per share (1)
($0.27) to ($0.22)
_______________
(1) Assumes diluted weighted average shares of approximately 86 million.
Conference Call
The Company will host a conference call today, August 5, 2026 at 8:00 AM EDT. The conference call will be webcast live from the Company’s website at http://www.bloominbrands.com under the Investors section. A replay of this webcast will be available on the Company’s website after the call.
About Bloomin’ Brands, Inc.
Bloomin’ Brands, Inc. is one of the largest full-service dining restaurant companies in the world with a portfolio of leading, differentiated restaurant concepts. The Company’s restaurant portfolio includes Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill and Fleming’s Prime Steakhouse & Wine Bar. The Company owns, operates and franchises more than 1,440 restaurants in 46 states, Guam and 12 countries. For more information, please visit www.bloominbrands.com.
Non-GAAP Measures
In addition to the results provided in accordance with GAAP, this press release and related tables include certain non-GAAP measures, which present operating results on an adjusted basis. These are supplemental measures of performance that are not required by or presented in accordance with GAAP and include: (i) Restaurant-level operating income and the corresponding margin, (ii) Adjusted income from operations and the corresponding margin, (iii) Adjusted segment income from operations and the corresponding margin, (iv) Adjusted net income and (v) Adjusted diluted earnings per share.
Restaurant-level operating margin is a non-GAAP financial measure widely regarded in the industry as a useful metric to evaluate restaurant-level operating efficiency and performance of ongoing restaurant-level operations, and we use it for these purposes.
We believe that our use of non-GAAP financial measures permits investors to assess the operating performance of our business relative to our performance based on GAAP results and relative to other companies within the restaurant industry by isolating the effects of certain items that may vary from period to period without correlation to core operating performance or that vary widely among similar companies. However, our inclusion of these adjusted measures should not be construed as an indication that our future results will be unaffected 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 that the disclosure of these non-GAAP measures is useful to investors as they form part of the basis for how our management team and Board of Directors evaluate our operating performance, allocate resources and administer employee incentive plans.
These non-GAAP financial measures are not intended to replace GAAP financial measures, and they are not necessarily standardized or comparable to similarly titled measures used by other companies. We maintain internal guidelines with respect to the types of adjustments we include in our non-GAAP measures. These guidelines endeavor to differentiate between types of gains and expenses that are reflective of our core operations in a period, and those that may vary from period to period without correlation to our core performance in that period. However, implementation of these guidelines necessarily involves the application of judgment, and the treatment of any items not directly addressed by, or changes to, our guidelines will be considered by our disclosure committee. You should refer to the reconciliations of non-GAAP measures in Tables Four, Five and Six included later in this release for descriptions of the actual adjustments made in the current period and the corresponding prior period.
Forward-Looking Statements
Certain statements contained herein, including statements under the headings “CEO Comments”, “Fiscal 2026 Financial Outlook” and “Q3 2026 Financial Outlook” are not based on historical fact and are “forward-looking statements” within the meaning of applicable securities laws. Generally, these statements can be identified by the use of words such as “guidance,” “believes,” “estimates,” “anticipates,” “expects,” “on track,” “feels,” “forecasts,” “seeks,” “projects,” “intends,” “plans,” “may,” “will,” “should,” “could,” “would” and similar expressions intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These forward-looking statements include all matters 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. These risks and uncertainties include, but are not limited to: our ability to execute and achieve the expected benefits of our actions to focus on operational priorities, including our turnaround plans and cost-saving initiatives to fund such plans; consumer reaction to public health and food safety issues; increases in labor costs and fluctuations in the availability of employees and our ability to attract, train, and retain key personnel; increases in unemployment rates and taxes; competition; interruption or breach of our systems or loss of consumer or employee information; price and availability of commodities and other impacts of inflation and tariffs; our dependence on a limited number of suppliers and distributors; political, social and legal conditions in international markets and their effects on foreign operations and foreign currency exchange rates; the impacts of our operations in Brazil as a minority investor and franchisor; our ability to address corporate citizenship and sustainability matters and investor expectations; local, regional, national and international economic conditions; changes in patterns of consumer traffic, consumer tastes and dietary habits; the effects of changes in tax laws; costs, diversion of management attention and reputational damage from any claims or litigation; government actions and policies, including the impact of U.S. government shutdowns; challenges associated with our remodeling, relocation and expansion plans; our ability to preserve the value of and grow our brands, including due to our limited control with respect to and the challenges facing the operations of our franchisees; consumer confidence and spending patterns; the effects of a health pandemic, weather, acts of God and other disasters and the ability or success in executing related business continuity plans; the Company’s ability to make debt payments and planned investments and the Company’s compliance with debt covenants; the cost and availability of credit; interest rate changes; and any impairments in the carrying value of goodwill and other assets. Further information on potential factors that could affect the financial results of the Company and its forward-looking statements is included in its most recent Form 10-K and subsequent filings with the Securities and Exchange Commission. The Company assumes no obligation to update any forward-looking statement, except as may be required by law. These forward-looking statements speak only as of the date of this release. All forward-looking statements are qualified in their entirety by this cautionary statement.
Note: Numerical figures included in this release have been subject to rounding adjustments.
TABLE ONE
BLOOMIN’ BRANDS, INC.
CONSOLIDATED STATEMENTS OF OPERATIONS
(UNAUDITED)
THIRTEEN WEEKS ENDED
TWENTY-SIX WEEKS ENDED
(in thousands, except per share data)
JUNE 28, 2026
JUNE 29, 2025
JUNE 28, 2026
JUNE 29, 2025
Revenues
Restaurant sales
$
997,957
$
984,771
$
2,039,783
$
2,014,288
Franchise and other revenues
17,852
17,595
35,699
37,672
Total revenues
1,015,809
1,002,366
2,075,482
2,051,960
Costs and expenses
Food and beverage
306,397
298,332
623,810
611,636
Labor and other related
312,670
315,494
632,879
630,744
Other restaurant operating
254,833
253,225
513,647
511,360
Depreciation and amortization
46,010
44,598
92,306
88,545
General and administrative
53,664
59,527
105,970
120,904
Provision for impaired assets and restaurant closings
3,972
1,540
9,504
1,890
Total costs and expenses
977,546
972,716
1,978,116
1,965,079
Income from operations
38,263
29,650
97,366
86,881
Interest expense, net
(11,141
)
(10,699
)
(23,553
)
(21,886
)
Income before benefit for income taxes
27,122
18,951
73,813
64,995
Benefit for income taxes
(6,672
)
(8,748
)
(16,963
)
(7,845
)
Loss from equity method investment, net of tax
(864
)
(1,806
)
(1,042
)
(3,097
)
Net income from continuing operations
32,930
25,893
89,734
69,743
(Loss) income from discontinued operations, net of tax
(350
)
779
82
525
Net income
32,580
26,672
89,816
70,268
Less: net income attributable to noncontrolling interests
1,236
1,253
2,818
2,697
Net income attributable to Bloomin’ Brands
$
31,344
$
25,419
$
86,998
$
67,571
Basic earnings per share (1):
Continuing operations
$
0.37
$
0.29
$
1.02
$
0.79
Discontinued operations
(*
)
0.01
*
0.01
Net basic earnings per share
$
0.37
$
0.30
$
1.02
$
0.80
Diluted earnings per share (1):
Continuing operations
$
0.37
$
0.29
$
1.01
$
0.79
Discontinued operations
(*
)
0.01
*
0.01
Net diluted earnings per share
$
0.36
$
0.30
$
1.01
$
0.79
Weighted average common shares outstanding:
Basic
85,559
85,041
85,418
84,971
Diluted
86,223
85,140
85,987
85,135
_______________
(1) Amounts may not add due to rounding.
* Represents less than $0.01.
TABLE TWO
BLOOMIN’ BRANDS, INC.
SEGMENT RESULTS
(UNAUDITED)
(dollars in thousands)
THIRTEEN WEEKS ENDED
TWENTY-SIX WEEKS ENDED
U.S. Segment
JUNE 28, 2026
JUNE 29, 2025
JUNE 28, 2026
JUNE 29, 2025
Revenues
Restaurant sales
$
988,385
$
975,295
$
2,020,576
$
1,995,425
Franchise and other revenues
10,247
10,533
20,509
21,306
Total U.S. segment revenues
998,632
985,828
2,041,085
2,016,731
International Franchise Segment
Franchise revenues (1)
7,593
7,051
15,163
16,334
Reconciliation
All other revenues (2)
9,584
9,487
19,234
18,895
Total revenues
$
1,015,809
$
1,002,366
$
2,075,482
$
2,051,960
Reconciliation of Segment Operating Income to Total Operating Income
Segment income from operations
U.S.
$
67,599
$
68,461
$
155,615
$
156,131
International Franchise
7,409
6,838
14,745
15,842
Total segment income from operations
75,008
75,299
170,360
171,973
Unallocated corporate operating expense
(37,385
)
(46,422
)
(74,113
)
(86,190
)
Other income from operations (2)
640
773
1,119
1,098
Total income from operations
$
38,263
$
29,650
$
97,366
$
86,881
_______________
(1) The twenty-six weeks ended June 29, 2025 includes one month of pre-Brazil Sale Transaction intercompany royalties.
(2) Primarily includes revenues and income from operations related to its Hong Kong subsidiary.
TABLE THREE
BLOOMIN’ BRANDS, INC.
SUPPLEMENTAL BALANCE SHEET INFORMATION
JUNE 28, 2026
DECEMBER 28, 2025
(dollars in thousands)
(UNAUDITED)
Cash and cash equivalents
$
66,613
$
59,461
Net working capital (deficit) (1)
$
(614,443
)
$
(609,008
)
Total assets
$
3,118,055
$
3,171,907
Total debt
$
702,788
$
787,425
Total stockholders’ equity
$
435,068
$
337,165
_______________
(1) We have, and in the future may continue to have, negative working capital balances (as is common for many restaurant companies). We operate successfully with negative working capital because cash collected on restaurant sales is typically received before payment is due on our current liabilities, and our inventory turnover rates require relatively low investment in inventories. Additionally, ongoing cash flows from restaurant operations and gift card sales are typically used to service debt obligations and to make capital expenditures.
TABLE FOUR
BLOOMIN’ BRANDS, INC.
RESTAURANT-LEVEL OPERATING INCOME AND MARGIN NON-GAAP RECONCILIATIONS
(UNAUDITED)
Consolidated
THIRTEEN WEEKS ENDED
TWENTY-SIX WEEKS ENDED
(dollars in thousands)
JUNE 28, 2026
JUNE 29, 2025
JUNE 28, 2026
JUNE 29, 2025
Income from operations
$
38,263
$
29,650
$
97,366
$
86,881
Operating income margin
3.8
%
3.0
%
4.7
%
4.2
%
Less:
Franchise and other revenues
17,852
17,595
35,699
37,672
Plus:
Depreciation and amortization
46,010
44,598
92,306
88,545
General and administrative
53,664
59,527
105,970
120,904
Provision for impaired assets and restaurant closings
3,972
1,540
9,504
1,890
Restaurant-level operating income (1)
$
124,057
$
117,720
$
269,447
$
260,548
Restaurant-level operating margin
12.4
%
12.0
%
13.2
%
12.9
%
_______________
(1) The following categories of revenue and operating expenses are not included in restaurant-level operating income and the corresponding margin because we do not consider them reflective of operating performance at the restaurant-level within a period:
(a) Franchise and other revenues, which are earned primarily from franchise royalties and other non-food and beverage revenue streams, such as rental and sublease income. (b) Depreciation and amortization, which, although substantially all of which is related to restaurant-level assets, represent historical sunk costs rather than cash outlays for the restaurants. (c) General and administrative expense, which includes primarily non-restaurant-level costs associated with support of the restaurants and other activities at our corporate office. (d) Asset impairment charges and restaurant closing costs. TABLE FIVE
BLOOMIN’ BRANDS, INC.
ADJUSTED INCOME FROM OPERATIONS AND MARGIN NON-GAAP RECONCILIATIONS
(UNAUDITED)
(dollars in thousands)
THIRTEEN WEEKS ENDED
TWENTY-SIX WEEKS ENDED
Consolidated
JUNE 28, 2026
JUNE 29, 2025
JUNE 28, 2026
JUNE 29, 2025
Income from operations
$
38,263
$
29,650
$
97,366
$
86,881
Operating income margin
3.8
%
3.0
%
4.7
%
4.2
%
Adjustments:
Severance and other transformational costs (1)
2,865
3,542
6,246
9,600
Foreign currency forward contract costs (2)
—
2,233
—
4,561
Asset impairments and closure-related charges (3)
—
—
—
(1,929
)
Total income from operations adjustments
2,865
5,775
6,246
12,232
Adjusted income from operations
$
41,128
$
35,425
$
103,612
$
99,113
Adjusted operating income margin
4.0
%
3.5
%
5.0
%
4.8
%
U.S. Segment
Income from operations
$
67,599
$
68,461
$
155,615
$
156,131
Operating income margin
6.8
%
6.9
%
7.6
%
7.7
%
Adjustments:
Severance and other transformational costs (1)
2,865
—
6,246
—
Asset impairments and closure-related charges (3)
—
—
—
(1,710
)
Total income from operations adjustments
2,865
—
6,246
(1,710
)
Adjusted income from operations
$
70,464
$
68,461
$
161,861
$
154,421
Adjusted operating income margin
7.1
%
6.9
%
7.9
%
7.7
%
International Franchise Segment
Income from operations
$
7,409
$
6,838
$
14,745
$
15,842
_______________
(1) Costs for the thirteen and twenty-six weeks ended June 28, 2026 relate to accelerated depreciation associated with equipment upgrades in connection with the turnaround strategy. Costs for the thirteen and twenty-six weeks ended June 29, 2025 include severance, professional fees and other costs incurred as a result of transformational and restructuring activities.
(2) Represents costs in connection with the foreign currency forward contracts that mostly offset foreign currency exchange risk associated with installment payments from the Brazil Sale Transaction.
(3) Primarily includes gains from certain lease terminations.
TABLE SIX
BLOOMIN’ BRANDS, INC.
ADJUSTED NET INCOME AND ADJUSTED DILUTED EARNINGS PER SHARE NON-GAAP RECONCILIATIONS
(UNAUDITED)
THIRTEEN WEEKS ENDED
TWENTY-SIX WEEKS ENDED
(in thousands, except per share data)
JUNE 28, 2026
JUNE 29, 2025
JUNE 28, 2026
JUNE 29, 2025
Net income from continuing operations
$
32,930
$
25,893
$
89,734
$
69,743
Less: net income attributable to noncontrolling interests
1,236
1,253
2,818
2,697
Net income attributable to Bloomin’ Brands from continuing operations
31,694
24,640
86,916
67,046
Adjustments:
Income from operations adjustments (1)
2,865
5,775
6,246
12,232
Total adjustments, before income taxes
2,865
5,775
6,246
12,232
Tax effect of adjustments (2)
(504
)
(3,125
)
(1,750
)
(1,995
)
Net adjustments, continuing operations
2,361
2,650
4,496
10,237
Adjusted net income, continuing operations
$
34,055
$
27,290
$
91,412
$
77,283
Diluted earnings per share - continuing operations
$
0.37
$
0.29
$
1.01
$
0.79
Adjusted diluted earnings per share - continuing operations
$
0.39
$
0.32
$
1.06
$
0.91
Diluted weighted average common shares outstanding
86,223
85,140
85,987
85,135
_______________
(1) See Table Five Adjusted Income from Operations and Margin Non-GAAP Reconciliations above for details regarding income from operations adjustments.
(2) The tax effect of non-GAAP adjustments is determined by recomputing the Benefit for income taxes on an adjusted basis. The difference between the recomputed Benefit for income taxes and the GAAP Benefit for income taxes represents the tax effect of non-GAAP adjustments. The thirteen and twenty-six weeks ended June 29, 2025 also include an adjustment to Benefit for income taxes related to foreign currency gains on the Brazil Sale Transaction installment receivable.
Following is a summary of the financial statement line item classification of the net income adjustments from continuing operations:
THIRTEEN WEEKS ENDED
TWENTY-SIX WEEKS ENDED
(dollars in thousands)
JUNE 28, 2026
JUNE 29, 2025
JUNE 28, 2026
JUNE 29, 2025
Depreciation and amortization
$
2,865
$
—
$
6,246
$
—
General and administrative
—
5,775
—
14,243
Provision for impaired assets and restaurant closings
—
—
—
(2,011
)
Provision for income taxes
(504
)
(3,125
)
(1,750
)
(1,995
)
Net adjustments
$
2,361
$
2,650
$
4,496
$
10,237
TABLE SEVEN
BLOOMIN’ BRANDS, INC.
COMPARATIVE RESTAURANT INFORMATION
(UNAUDITED)
Number of restaurants:
MARCH 29, 2026
OPENINGS
CLOSURES
JUNE 28, 2026
U.S.
Outback Steakhouse
Company-owned
546
1
(3
)
544
Franchised
116
—
(1
)
115
Total
662
1
(4
)
659
Carrabba’s Italian Grill
Company-owned
186
—
—
186
Franchised
17
—
—
17
Total
203
—
—
203
Bonefish Grill
Company-owned
155
—
—
155
Franchised
2
—
—
2
Total
157
—
—
157
Fleming’s Prime Steakhouse & Wine Bar
Company-owned
65
—
(1
)
64
Other
Franchised
1
—
—
1
U.S. total
1,088
1
(5
)
1,084
International Franchise
Outback Steakhouse - Brazil
188
4
—
192
Outback Steakhouse - South Korea
101
—
(1
)
100
Other
65
—
(3
)
62
International Franchise total
354
4
(4
)
354
International - Company-owned
Outback Steakhouse - Hong Kong
10
—
—
10
System-wide total
1,452
5
(9
)
1,448
System-wide total - Company-owned
962
1
(4
)
959
System-wide total - Franchised
490
4
(5
)
489
TABLE EIGHT
BLOOMIN’ BRANDS, INC.
COMPARABLE RESTAURANT SALES, TRAFFIC AND AVERAGE CHECK PER PERSON INFORMATION
(UNAUDITED)
THIRTEEN WEEKS ENDED
TWENTY-SIX WEEKS ENDED
JUNE 28, 2026
JUNE 29, 2025
JUNE 28, 2026
JUNE 29, 2025
Year over year percentage change:
Comparable restaurant sales (restaurants open 18 months or more):
U.S. (1)
Outback Steakhouse
1.4
%
(0.6
)%
0.5
%
(0.9
)%
Carrabba’s Italian Grill
1.7
%
3.9
%
1.5
%
2.6
%
Bonefish Grill
8.1
%
(5.8
)%
7.0
%
(4.9
)%
Fleming’s Prime Steakhouse & Wine Bar
1.6
%
3.8
%
1.1
%
4.5
%
Combined U.S.
2.3
%
(0.1
)%
1.6
%
(0.3
)%
Traffic:
U.S.
Outback Steakhouse
(2.8
)%
(1.0
)%
(2.6
)%
(2.6
)%
Carrabba’s Italian Grill
(2.5
)%
0.7
%
(2.6
)%
0.2
%
Bonefish Grill
4.5
%
(11.4
)%
3.7
%
(10.4
)%
Fleming’s Prime Steakhouse & Wine Bar
(2.8
)%
(0.6
)%
(2.9
)%
(0.5
)%
Combined U.S.
(1.9
)%
(2.0
)%
(1.8
)%
(3.0
)%
Average check per person (2):
U.S.
Outback Steakhouse
4.2
%
0.4
%
3.1
%
1.7
%
Carrabba’s Italian Grill
4.2
%
3.2
%
4.1
%
2.4
%
Bonefish Grill
3.6
%
5.6
%
3.3
%
5.5
%
Fleming’s Prime Steakhouse & Wine Bar
4.4
%
4.4
%
4.0
%
5.0
%
Combined U.S.
4.2
%
1.9
%
3.4
%
2.7
%
_______________
(1) Relocated restaurants closed more than 60 days are excluded from comparable restaurant sales until at least 18 months after reopening.
(2) Includes the impact of menu pricing changes, product mix and discounts.
Shares of Bloomin' Brands, Inc. (NASDAQ: BLMN - Get Free Report) have been assigned an average rating of "Reduce" from the nine brokerages that are presently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating and eight have given a hold rating to the company. The average 1-year price target
TAMPA, Fla.--(BUSINESS WIRE)--Bloomin’ Brands, Inc. (Nasdaq: BLMN) will release results for the fiscal first quarter ended March 29, 2026, on Wednesday, May 6, 2026, at approximately 6:30 AM EDT, which will be followed by a conference call to review its financial results at 8:00 AM EDT the same day.
The call will be webcast live from the Company’s website at http://www.bloominbrands.com under the Investors section. A replay of this webcast will be available on the Company’s website after the call.
About Bloomin’ Brands, Inc.
Bloomin’ Brands, Inc. is one of the largest casual dining restaurant companies in the world with a portfolio of leading, differentiated restaurant concepts. The Company’s restaurant portfolio includes Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill and Fleming’s Prime Steakhouse & Wine Bar. The Company owns, operates and franchises more than 1,450 restaurants in 46 states, Guam and 12 countries. For more information, please visit www.bloominbrands.com.
Yum China Holdings (YUMC - Free Report) came out with quarterly earnings of $0.87 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.77 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -0.29%. A quarter ago, it was expected that this restaurant operator in China would post earnings of $0.35 per share when it actually produced earnings of $0.4, delivering a surprise of +14.29%.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
Yum China, which belongs to the Zacks Retail - Restaurants industry, posted revenues of $3.27 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 0.73%. This compares to year-ago revenues of $2.98 billion. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Yum China shares have lost about 0.8% since the beginning of the year versus the S&P 500's gain of 4.3%.
What's Next for Yum China?While Yum China has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Yum China was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.71 on $3.03 billion in revenues for the coming quarter and $2.91 on $12.71 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Retail - Restaurants is currently in the bottom 25% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, Bloomin' Brands (BLMN - Free Report) , is yet to report results for the quarter ended March 2026. The results are expected to be released on May 6.
This owner of Outback Steakhouse and other casual dining spots is expected to post quarterly earnings of $0.57 per share in its upcoming report, which represents a year-over-year change of -3.4%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Bloomin' Brands' revenues are expected to be $1.04 billion, down 0.8% from the year-ago quarter.
The market expects Bloomin' Brands (BLMN - Free Report) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended March 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.
The earnings report, which is expected to be released on May 6, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.
While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise.
Zacks Consensus EstimateThis owner of Outback Steakhouse and other casual dining spots is expected to post quarterly earnings of $0.57 per share in its upcoming report, which represents a year-over-year change of -3.4%.
Revenues are expected to be $1.04 billion, down 0.8% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 7.14% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction).
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Bloomin' Brands?For Bloomin' Brands, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, suggesting that analysts have recently become bearish on the company's earnings prospects. This has resulted in an Earnings ESP of -2.90%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination makes it difficult to conclusively predict that Bloomin' Brands will beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Bloomin' Brands would post earnings of $0.25 per share when it actually produced earnings of $0.26, delivering a surprise of +4.00%.
Over the last four quarters, the company has beaten consensus EPS estimates four times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Bloomin' Brands doesn't appear a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Value stocks have outperformed growth stocks across the board so far in 2026, and that shouldnʻt be too surprising to market watchers.
Growth stocks had become overvalued after a three-year bull market, and investors decided to either cash out or rotate into safer investments, including cheaper value stocks.
Image source: Getty Images.
The outperformance gap widens for mid-caps and small-caps. The Russell 1000 Value Index has returned about 8% year to date, compared to a flat return for the Russell 1000 Growth Index. The Russell 2000 Value Index is up 12%, compared to an 8% YTD return for the Russell 2000 Growth Index.
Investors looking for good value stocks in uncertain times may want to take a cue from one of the most famous value investors, Bill Miller, and his firm, Miller Value Partners.
Miller made his name at Legg Mason, gaining recognition for beating the S&P 500 for 15 straight years. He then launched Miller Value Partners, which his son Bill Miller IV now runs. The legendary father remains an advisor and minority stakeholder.
In the first quarter, the firm made two notable additions to its Deep Value strategy -- Bloomin' Brands (BLMN +4.78%) and Crescent Energy (CRGY +1.09%).
Gas and restaurants As a deep value manager, Miller looks for stocks with depressed prices that it views as mispriced. Often, they are stocks that are undergoing turnarounds or transformations, priced below their value with long-term potential.
Bloomin' Brands, a restaurant company that owns Outback Steakhouse and Carrabbas, among others, would certainly qualify as all of the above. The stock has been in a downward spiral for years, posting an average annualized return of -28% per year over the past five years. The stock is trading at about $6.00 per share.
The company has been in turnaround mode since activist investor Starboard Value took a 9% stake in the company two years ago. It also hired a new CEO focused on executing the Starboard turnaround plan that calls for enhancing the balance sheet, investing in technology and systems, streamlining operations and productivity, enhancing the menu, and remodeling the Outback restaurants.
Today's Change
(
4.78
%) $
0.39
Current Price
$
8.45
"Near-term risk is ongoing revenue and margins headwinds from adverse weather and rising beef costs," Miller management wrote in the first-quarter investor letter, and that is baked into its depressed share price. But the stock is trading at about 6 times forward earnings and 80% below its all-time high.
Miller sees the potential for $500 million in adjusted EBITDA, up from the current $270 million from the turnaround and the potential upside being "multiples of the current share price."
Today's Change
(
1.09
%) $
0.13
Current Price
$
11.61
Crescent Energy, an oil and gas and exploration company, is also cheap, trading at 8 times forward earnings. Unlike Bloominʻ Brands, Crescent stock has been surging, up 61% year to date, spurred by rising oil and gas prices. The share price had been down last year on weaker commodity prices and the acquisition of Vital Energy, which added to its debt.
But Miller notes managementʻs history of buying discounted assets, and it sees Vital "improving acquired company operations, removing excess costs, driving down development
costs, and enhancing well productivity." It also brings Crescent into the Permian Basin in Texas.
TAMPA, Fla.--(BUSINESS WIRE)--Bloomin' Brands, Inc. (Nasdaq: BLMN) today reported results for the first quarter 2026 (“Q1 2026”) compared to the first quarter 2025 (“Q1 2025”). CEO Comments “We are pleased with our results in the first quarter as they reflect our focus on consistency of execution and delivering a great guest experience,” said Mike Spanos, CEO. “Outback brand scores continue to improve, highlighting our craveable steaks and food quality. We are making progress on our turnaround.
Bloomin' Brands (BLMN - Free Report) came out with quarterly earnings of $0.67 per share, beating the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.59 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +17.59%. A quarter ago, it was expected that this owner of Outback Steakhouse and other casual dining spots would post earnings of $0.25 per share when it actually produced earnings of $0.26, delivering a surprise of +4%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Bloomin' Brands, which belongs to the Zacks Retail - Restaurants industry, posted revenues of $1.06 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 1.77%. This compares to year-ago revenues of $1.05 billion. The company has topped consensus revenue estimates three times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Bloomin' Brands shares have lost about 6.7% since the beginning of the year versus the S&P 500's gain of 6%.
What's Next for Bloomin' Brands?While Bloomin' Brands has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Bloomin' Brands was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.21 on $997.64 million in revenues for the coming quarter and $0.82 on $3.94 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Retail - Restaurants is currently in the bottom 30% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, Texas Roadhouse (TXRH - Free Report) , is yet to report results for the quarter ended March 2026. The results are expected to be released on May 7.
This restaurant chain is expected to post quarterly earnings of $1.85 per share in its upcoming report, which represents a year-over-year change of +8.8%. The consensus EPS estimate for the quarter has been revised 0.3% lower over the last 30 days to the current level.
Texas Roadhouse's revenues are expected to be $1.63 billion, up 12.9% from the year-ago quarter.
For the quarter ended March 2026, Bloomin' Brands (BLMN - Free Report) reported revenue of $1.06 billion, up 1% over the same period last year. EPS came in at $0.67, compared to $0.59 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $1.04 billion, representing a surprise of +1.77%. The company delivered an EPS surprise of +17.59%, with the consensus EPS estimate being $0.57.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Bloomin' Brands performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Number of restaurants - System-wide total: 1,452 versus the four-analyst average estimate of 1,461.Comparable restaurant sales - U.S. - Fleming?s Prime Steakhouse and Wine Bar: 0.8% compared to the 0.4% average estimate based on four analysts.Comparable restaurant sales - U.S. - Carrabba?s Italian Grill: 1.3% versus 0.8% estimated by four analysts on average.Comparable restaurant sales - U.S. - Outback Steakhouse: -0.3% compared to the 0.3% average estimate based on four analysts.Comparable restaurant sales - U.S. - Combined U.S.: 0.9% versus 0.4% estimated by four analysts on average.Geographic Revenue- Total U.S.: $1.04 billion compared to the $1.02 billion average estimate based on two analysts.Geographic Revenue- Total U.S.- Franchise and other revenues: $10.26 million versus $9.55 million estimated by two analysts on average.Geographic Revenue- Total U.S.- Restaurant sales: $1.03 billion versus the two-analyst average estimate of $1.01 billion.Geographic Revenue- International Franchise- Franchise revenues: $7.57 million versus the two-analyst average estimate of $8.91 million.Revenues- Restaurant sales: $1.04 billion versus $1.02 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +1.2% change.Revenues- Franchise and other revenues: $17.85 million versus $18.89 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -11.1% change.Revenues- All other revenues: $9.65 million compared to the $9.79 million average estimate based on two analysts.View all Key Company Metrics for Bloomin' Brands here>>>
Shares of Bloomin' Brands have returned +1.8% over the past month versus the Zacks S&P 500 composite's +10.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
Bloomin' Brands and Dine Brands Global both reported higher revenue in the first quarter, as value offers, menu updates and turnaround efforts helped to offset still-elevated costs and cautious consumer spending.
The company pointed to improving performance at Outback Steakhouse as pricing actions, operational initiatives and higher guest spending helped support margins and sales growth.
• BMLN shares are consolidating. Where is BMLN stock headed?
Quarterly DetailsThe company reported first-quarter adjusted earnings per share of 67 cents, beating the analyst consensus estimate of 57 cents.
Quarterly sales of $1.059 billion (+1% year over year) outpaced the Street view of $1.04 billion, primarily due to higher comparable restaurant sales.
“Outback brand scores continue to improve, highlighting our craveable steaks and food quality,” said CEO Mike Spanos. “We are making progress on our turnaround and remain committed to driving long-term, sustainable, and profitable growth for Bloomin’ Brands.”
Adjusted operating income margin in the quarter under review contracted to 5.9% from 6.1%.
Restaurant-level operating margin expanded to 14% from 13.9% a year ago. The increase was primarily driven by higher average check per person due to pricing, cost-saving and productivity initiatives, and lower advertising expense, partially offset by inflation-driven increases in commodity, operating, and labor costs.
OutlookBloomin Brands is looking for second-quarter adjusted earnings per share of 27 cents to 32 cents, versus 22 cents analyst estimate.
The firm affirmed 2026 adjusted earnings per share guidance of 75 cents to 90 cents.
The firm expects U.S. comparable restaurant sales to grow between 1% and 2% in the second quarter of 2026.
BLMN Price Action: Bloomin’ Brands shares are trading higher by 48.35% to $8.55 at last check on Wednesday.
Photo: Shutterstock
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SummaryBloomin' Brands delivered a better-than-expected Q1, with a 40% stock rally driven by positive comps and EPS growth.Q1 revenues rose 1.0% to $1.06B, with positive comps in all brands except Outback; Bonefish Grill led at 6.1%.Margins remained largely stable year-over-year, with adjusted EPS at $0.67, a $0.10 beat, aided by restructuring adjustments.We remain neutral, as a single strong quarter is insufficient; Q2 guidance implies continued EPS decline versus last year.Looking for a helping hand in the market? Members of BAD BEAT Investing get exclusive ideas and guidance to navigate any climate. Learn More »Sitewide Sale 2026: Get 20% Off RiverNorthPhotography/iStock Unreleased via Getty Images
We remain neutral on Bloomin' Brands, Inc. (BLMN). When the company reported its 2025 earnings a few months ago, we covered the performance and noted that in our opinion, it was just not good
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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
Key Takeaways Screen picks broker-upgraded stocks: HELE, BG, AVT, BLMN and SEM. Filter favors low price/sales, $5 shares, 100k plus daily volume and large market caps. Inflation spike and higher oil prices cloud Fed cuts, yet equities can still offer chances. Inflation has climbed sharply in recent months, while ongoing geopolitical tensions have driven global oil prices higher. In March, inflation reached its highest level in nearly a year as the conflict with Iran triggered a surge in energy prices. Inflation had also increased in February. The spike in inflation further weakened expectations of an interest rate cut in the near term, with several Federal Reserve officials now even weighing the possibility of a rate hike.
Last month, the Federal Reserve kept interest rates unchanged amid growing investor concerns about the health of the economy. Despite this volatile environment, investors should not shy away from equities. Instead, they should keep an eye on broker-favored stocks such as Helen of Troy (HELE - Free Report) , Bunge Global (BG - Free Report) , Avnet (AVT - Free Report) , Bloomin' Brands (BLMN - Free Report) and Select Medical (SEM - Free Report) ,
We have designed a screen to shortlist stocks based on improving broker recommendations and upward revisions in earnings estimates over the past four weeks. Also, since the price/sales ratio is a strong complementary valuation metric in the presence of broker information, it has been included. The price/sales ratio takes care of the company’s top line, making the strategy a well-rounded one.
Screening Criteria# (Up- Down Rating)/ Total (4 weeks) =Top #75: This gives the list of top 75 companies that have witnessed net upgrades over the last 4 weeks.
% change in Q (1) est. (4 weeks) = Top #10: This gives the top 10 stocks that have witnessed earnings estimate revisions over the past 4 weeks for the upcoming quarter.
To ensure that the strategy is a winning one, covering all bases, we have added the following screening parameters:
Price-to-Sales = Bot%10: The lower the ratio, the better. Companies meeting this criterion are in the bottom 10% of our universe of over 7,700 stocks with respect to this ratio.
Price greater than 5: A stock trading below $5 will not likely create significant interest for most investors.
Average Daily Volume greater than 100,000 shares over the last 20 trading days: Volume has to be significant to ensure that these are easily traded.
Market value ($ mil) = Top #3000: This gives us stocks that are the top 3000 if one judges by market capitalization.
Com/ADR/Canadian= Com: This takes out the ADR and Canadian stocks.
Here are five of the 10 stocks that made it through the screen:
Helen of Troy is advancing its growth strategy through a focused portfolio of Leadership Brands, including OXO, Hydro Flask and Osprey, which continue to deliver solid performance supported by innovation, new product launches and strong e-commerce execution across channels and key retail partners.
The company’s Elevate for Growth agenda, along with Project Pegasus, is driving efficiency, cost optimization and supply-chain improvements, helping mitigate tariff pressures and enhance long-term profitability. Strategic initiatives such as global expansion, digital commerce investments, social selling and active portfolio management are expected to support growth, while strong cash flow generation is aiding debt reduction and improving overall financial flexibility.
Helen of Troy, currently sporting a Zacks Rank #1 (Strong Buy), expects its current-quarter revenues to increase 0.9% year over year. HELE’s earnings surpassed the consensus mark in two of the last four quarters, missed once and matched once. The average miss is 5%. You can see the complete list of today’s Zacks #1 Rank stocks here.
Bunge is a global agribusiness and food company worldwide. The company is executing a fundamental transformation anchored by the Viterra merger, expanding global origination, and processing scale and logistics efficiency. Management is prioritizing synergy capture, portfolio optimization and disciplined capital allocation to strengthen cash flows, reduce earnings volatility and enhance long-term returns across agricultural cycles.
Bunge, currently sporting a Zacks Rank #1, expects its 2026 earnings per share to increase 26.4% on a year-over-year basis. BG’s earnings surpassed the consensus mark in each of the last four quarters, the average beat being 27.5%.
Avnet, a leading global technology distributor and solutions provider, sports a Zacks Rank #1. The company has a trailing four-quarter earnings surprise of 9.5%, on average. The Zacks Consensus Estimate for the current quarter has increased 11.6% over the past 60 days.
Avnet is benefiting from the strength of the defense and data center end markets. A continued focus on enhancing IoT capabilities is helping it expand into newer markets and gain customers. Better sales execution is anticipated to aid revenue growth in the near term.
Bloomin’ Brands is one of the world’s largest casual and upscale dining restaurant operators. Bloomin’ Brands manages and operates nearly 1,500 restaurants in the United States and internationally.
Bloomin’ Brands, currently carrying a Zacks Rank #3 (Hold), expects its 2026 earnings per share to decrease 28.1% on a year-over-year basis. The Zacks Consensus Estimate for the current year has remained stable over the past seven days.
Select Medical is benefiting from steady volume-led growth, supported by rising patient admissions, improving occupancy and disciplined capacity expansion across its specialty care platform. Strategic acquisitions, JVs, and planned facility additions are strengthening its market position and enhancing long-term revenue visibility. An aging population and increasing demand for post-acute care further support growth.
Select Medical, currently carrying a Zacks Rank #3, expects its 2026 earnings per share to increase 9.5% on a year-over-year basis. The Zacks Consensus Estimate for the current quarter has increased 7.4% over the past 60 days.
Dividends are a driving force of the investment world, providing investors with access to company profits and a reliable income stream. Add in the signals provided by insider buying, and the stage is set for market-beating total returns over time. The question is whether insider buying and dividends, on their own, are enough to merit investor confidence—and the answer may be "no." Factors such as growth, profitability, and market interest must also be considered to maximize returns and avoid unnecessary losses.
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Bankwell Financial Group Grows, Improves ProfitsBankwell Financial Group NASDAQ: BWFG is a small commercial bank holding company headquartered in New Canaan, Connecticut, serving as the parent company of Bankwell Bank. The company is growing, improving its deposit base, widening its margin, and reducing dependence on third-party services.
Bankwell Financial Group Today
BWFG
Bankwell Financial Group
$55.46 +0.31 (+0.55%)
As of 10:26 AM Eastern
This is a fair market value price provided by Massive. Learn more.
52-Week Range$33.85▼
$56.40Dividend Yield1.44%
P/E Ratio11.15
Price Target$52.00
The stock price is rising, and insiders are buying into the rally. Insider activity is noteworthy because it was very tepid for years until Q3 2025, and then it exploded. Activity has remained solid since, with numerous insiders acquiring shares, and driving total ownership over 20%.
Bankwell Financial Group’s dividend is worthwhile. The stock yields about 1.5% with shares near $50, the payout ratio is low at about 15%, and annual distribution increases are becoming a possibility. A dividend increase would serve as a market catalyst, potentially triggering an influx of new capital.
Analyst and institutional trends are relatively strong for a bank this small. Institutions own about 36% of the stock and have been aggressively accumulating. The trailing 12-month pace as of mid-May was approximately $4-to-$1, with bullish behavior sustained for seven consecutive quarters. Analyst trends are less robust, with only four tracked, but they rate the stock as a consensus Moderate Buy. The only downside is that analysts view the stock as fairly valued as of mid-May, so another catalyst is needed. The upcoming fiscal Q2 2026 earnings report may provide it, but the consensus forecast isn’t promising, suggesting the third consecutive quarter with revenue near $31 million.
Bloomin’ Brands: Insiders Betting Big on Dividend ReinstatementBloomin’ Brands NASDAQ: BLMN is technically not a dividend stock, having suspended its payment in 2025 to focus on balance sheet health and a company turnaround.
Bloomin' Brands Today
$8.44 +0.38 (+4.75%)
As of 10:28 AM Eastern
This is a fair market value price provided by Massive. Learn more.
52-Week Range$5.19▼
$10.70P/E Ratio33.78
Price Target$8.78
The turnaround, however, already shows signs of traction, suggesting dividends will be reinstated at some future date, potentially within the next four to eight quarters. That’s a long time to wait, but other catalysts for the share price exist, including the traction seen in the fiscal Q1 release and its impact on sell-side sentiment. Insiders, meanwhile, including numerous directors, are buying shares with the market at long-term lows.
Sell-side sentiment, as reflected by the analysts and institutions that track the market and drive its action, is shifting. While still in the early phases, analysts, who had been reducing price targets and sentiment ratings, shifted to a more bullish posture following the report. Institutions likewise reverted to accumulation. Analysts' revisions include numerous price target increases, affirming potential for a double-digit rebound.
Nike Directors Buy Shares Conspicuously in Q2Nike NYSE: NKE is not out of the weeds, and its dividend is threatened by reduction; however, the company has over $8 billion in cash, can sustain the payment, and is tracking for a turnaround. Signs of managerial confidence are evident in the CEO's purchases and, again, in those of directors, including a million-dollar acquisition by Apple's NASDAQ: AAPL CEO Tim Cook. The only question is when the dividend payout ratio will improve—and that is expected to begin this year.
NIKE Today
$45.46 -0.50 (-1.08%)
As of 10:28 AM Eastern
This is a fair market value price provided by Massive. Learn more.
52-Week Range$41.35▼
$80.17Dividend Yield3.61%
P/E Ratio29.99
Price Target$60.89
Nike's dividend is a winner for investors. Trading near long-term valuations and share prices, the yield is 4%, and there is another reason to own it.
The company is on track to be included in the Dividend Aristocrat Index this year. Index inclusion is a catalyst, as it will trigger increased ownership by funds pegged to the index. In this scenario, the combined effects of business improvement, dividend increases, and index inclusion can drive a robust stock price recovery.
Analysts and institutions give mixed signals about Nike’s stock price direction. Analysts who rate Nike as a consensus Hold carry a 45% Buy-side bias but are significantly reducing their price targets, leading to the low-end range. While consensus forecasts 45% upside, current trends suggest a 45% downside is more likely. The good news is that institutions are likely buyers. They sold at the end of last year, but only minimally, and have reverted to buying in 2026. Nike’s stock price is likely near its bottom and may move lower to confirm it before the stock price recovers. A recovery could begin soon, potentially triggered by full year 2026 results.
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Key Takeaways Screen flags BG, ADM, AVT, AAL and BLMN as Middle East tensions and higher oil prices fuel volatility. Filters for net broker upgrades, rising next-quarter estimates, low P/S, $5 plus price and solid volume.AAL expects record May 21-Sept. 8, 2026 travel: 75M passengers, 750K flights. The ongoing tensions in the Middle East have resulted in significant uncertainty, making the U.S. stock market highly volatile. The continued restrictions in the Strait of Hormuz and the resultant jump in oil prices compounded the stock market misery. A hotter-than-expected U.S. consumer inflation data for April and the recent slump in tech stocks, following their aggressive profit booking, add to the list of concerns.
Despite the current turmoil, turning one’s back on equities is never advisable. So, what’s the way forward? One way is to adhere to broker advice. In the absence of proper guidance, individual investors may end up selecting the wrong stocks for their portfolio. This might lead them to waste the hard-earned money they invested in the stock market.
As brokers indulge in extensive research on stocks under their coverage, they have access to much more detailed information on a company. We believe investors would do well to keep an eye on broker-favored stocks, such as Bunge Global (BG - Free Report) , Archer Daniels Midland (ADM - Free Report) , Avnet (AVT - Free Report) , American Airlines (AAL - Free Report) , and Bloomin’ Brands (BLMN - Free Report) .
The above write-up clearly suggests that by following broker actions, one can arrive at a winning portfolio of stocks. Keeping this in mind, we designed a screen to shortlist stocks based on improving analyst recommendations and upward revisions of earnings estimates over the last four weeks.
Also, since the price/sales ratio is a strong complementary valuation metric in the presence of analyst information, it is included. The price/sales ratio takes care of a company’s top line, making the strategy foolproof.
Screening Criteria# (Up- Down Rating)/ Total (4 weeks) =Top #75: This gives the list of top 75 companies that have witnessed net upgrades over the last 4 weeks.
% change in Q (1) est. (4 weeks) = Top #10: This gives the top 10 stocks that have witnessed earnings estimate revisions over the past 4 weeks for the upcoming quarter.
To ensure that the strategy is a winning one, covering all bases, we have added the following screening parameters:
Price-to-Sales = Bot%10: The lower the ratio, the better. Companies meeting this criterion are in the bottom 10% of our universe of over 7,700 stocks with respect to this ratio.
Price greater than 5: A stock trading below $5 will not likely create significant interest for most investors.
Average Daily Volume greater than 100,000 shares over the last 20 trading days: Volume has to be significant to ensure that these are easily traded.
Market value ($ mil) = Top #3000: This gives us stocks that are the top 3000 if one judges by market capitalization.
Com/ADR/Canadian = Com: This takes out the ADR and Canadian stocks.
Here are five of the 10 stocks that made it through the screen:
Bunge Global is an agribusiness and food company worldwide, executing a fundamental transformation anchored by the Viterra merger, expanding global origination, processing scale and logistics efficiency. Bunge remains committed to its capital allocation priorities, paying dividends and repurchasing shares, while also reinvesting in growth.
Currently sporting a Zacks Rank #1 (Strong Buy), Bunge expects its 2026 earnings per share to increase 26.4% on a year-over-year basis. BG’s earnings surpassed the consensus mark in each of the last four quarters. The average beat is 27.5%. You can see the complete list of today’s Zacks #1 Rank stocks here.
Archer Daniels has been actively managing productivity and innovation as well as aligning work to the interconnected trends in food security, health and wellbeing. The company’s Nutrition segment is showing signs of recovery, led by improving performance in Human Nutrition.
Archer Daniels, currently carrying a Zacks Rank #2 (Buy), expects its 2026 earnings per share to increase 32.4% on a year-over-year basis. ADM’s earnings surpassed the consensus mark in each of the last four quarters. The average beat is 5.4%.
Avnet is benefiting from strong demand in AI infrastructure, networking and industrial markets. The company is also benefiting from demand for components that support AI infrastructure. AI buildouts are increasing demand for products tied to power management, cooling systems, connectors, capacitors, resistors and sensors. Better sales execution is anticipated to aid revenue growth in the near term.
Avne Zacks Rank #2. The company has a trailing four-quarter earnings surprise of 9.5%, on average. The Zacks Consensus Estimate for the current quarter has increased 20.6% over the past 60 days.
American Airlines is based in Fort Worth, TX. Strong air travel demand, despite high fuel costs, is aiding AAL. American Airlines expects to fly over 4.2 million customers across more than 40,000 flights from May 21 through May 26. The busiest day in terms of travel is likely to be May 22. AAL expects record travel during the entire summer season (May 21-Sept. 8, 2026). During the period, the airline expects to fly a record 75 million passengers across 750,000 flights.
The company’s high debt levels are worrisome. The carrier’s earnings have surpassed the Zacks Consensus Estimate in three of the past four quarters (missing the mark in the other quarter). The average beat is 2.6%. American Airlines currently carries a Zacks Rank #3 (Hold).
Bloomin’ Brands is one of the world’s largest casual and upscale dining restaurant operators. Bloomin’ Brands manages and operates nearly 1,500 restaurants in the United States and internationally.
Bloomin’ Brands, currently carrying a Zacks Rank #3, expects its 2026 earnings per share to decrease 22.8% on a year-over-year basis. The Zacks Consensus Estimate for the current year has remained stable over the past seven days.
