Bloomin' Brands, Inc. (BLMN) SEC Filings & Earnings Calls

Traffic decline

“Combined U.S. (1.9) %” · word for word

Commodity and labor cost inflation

“Food and beverage cost increased as a percentage of Restaurant sales primarily due to 1.6% from commodity inflation” · word for word

Restaurant closures

“System-wide total - Company-owned 959 985” · word for word

Commodity and labor cost inflation continue to pressure margins, partially offset by pricing.

“Higher commodity, labor and operating costs, mainly due to inflation.” · word for word

Restaurant closures and openings net impact partially offset revenue growth.

“Increase in Total revenues was primarily due to higher comparable restaurant sales partially offset by the net impact of restaurant closures and openings.” · word for word

Loss of a senior HR executive could temporarily disrupt talent management and culture initiatives.

“Resignation of SVP, Chief Human Resources Officer.”

Activist investor reduces direct stake but retains economic exposure

“As of May 8, 2026, the Reporting Persons ceased to beneficially own more than 5% of the outstanding Shares of the Issuer.” · word for word

Activist investor reduces direct stake but retains economic exposure

“As of May 8, 2026, the Reporting Persons ceased to beneficially own more than 5% of the outstanding Shares of the Issuer.” · word for word

Outback Steakhouse traffic decline

“Outback Steakhouse (0.3) % comparable sales; traffic (2.4) %”

Commodity and labor cost inflation

“Food and beverage cost increased as a percentage of Restaurant sales primarily due to 1.3% from commodity inflation.” · word for word

Restaurant closure costs

“Provision for impaired assets and restaurant closings increased primarily due to higher impairment and other costs related to restaurant closures and underperforming restaurants.” · word for word

Commodity and labor cost inflation.

“Higher commodity, operating and labor costs, mainly due to inflation.” · word for word

Macroeconomic and geopolitical uncertainty.

“Macroeconomic and geopolitical environment continues to evolve.”

Commodity and labor cost inflation pressuring margins

“higher commodity and labor costs, mainly due to inflation” · word for word

Goodwill impairment at Bonefish Grill

“goodwill impairment from the Bonefish Grill reporting unit” · word for word

Goodwill impairment risk for Outback Steakhouse

“the cushion for the Outback Steakhouse reporting unit decreased to approximately 3%.” · word for word

Macroeconomic pressure on consumer spending

“These ongoing macroeconomic pressures have led, or in the future may lead to, supply chain impacts and staffing challenges. Furthermore, these external conditions may dampen consumer spending, leading to lower traffic and average check per person.” · word for word

High leverage and debt service obligations

“Our leverage could adversely affect our ability to raise additional capital to fund our operations or limit our ability to react to changes in the economy or our industry.” · word for word

CEO retention risk: special grant indicates need to retain CEO; non-compete clause protects company.

“Grant vests over 3 years; continued vesting upon termination without cause subject to non-compete.”

Key person dependency on CEO and CLO; retention grants suggest retention risk.

“Retention grants vest over three years; noncompetition covenants.”

Margin pressure from cost inflation

“Food and beverage cost increased as a percentage of Restaurant sales primarily due to 1.6% from commodity inflation.” · word for word

Restaurant impairment and closure costs

“Provision for impaired assets and restaurant closings increased during the thirteen weeks ended September 28, 2025 primarily due to higher impairment and closure charges related to restaurant closures and underperforming restaurants.” · word for word

High leverage and debt service

“Total debt $965 million; interest expense net 1.2% of revenue.”

Margin pressure from inflation and impairment charges

“Higher commodity, labor and operating costs; $33.2M impairment charges”

Dividend suspension signals financial strain

“Suspended dividend to reallocate cash flow”