Bloomin' Brands (CH:BOO)
NASDAQ:BOO
Earnings Data
Report Date
Jul 24, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.23Last Year’s EPS
0.26Same Quarter Last Year
Based on 8 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a cautiously positive tone. The company showed modest revenue and adjusted EPS growth, improving guest satisfaction and clear progress on strategic initiatives (new steak lineup, service model, targeted refresh program). Several brands, notably Bonefish, delivered strong comp performance. However, meaningful near-term challenges remain: traffic declines (partly weather-related), commodity and labor inflation, slight margin compression, Brazil investment losses and leverage levels. Management reiterated guidance, emphasized early-turnaround momentum and prioritized investments in the customer experience while remaining cost conscious.Company Guidance
Revenue and EPS Growth
Q1 total revenues of $1.06 billion, up ~1% versus $1.05 billion a year ago. GAAP diluted EPS $0.64 versus $0.50 last year; Q1 adjusted diluted EPS $0.67 versus $0.59 last year (adjusted EPS +13.6% YoY).
Positive Comparable Sales and Check Growth
U.S. comparable restaurant sales +90 basis points (0.9%) in Q1 with average check up 270 basis points (~2.7%). Company expects full-year check growth netting ~2.5%–3% per check.
Strong Brand and Guest Metric Momentum (Outback)
Outback guest metric scores improved YoY for the third consecutive quarter: brand trust +4 points, service +6 points, value +5 points, atmosphere +5 points, food +4 points and intent to return +4 points — indicating improving guest perception and loyalty.
Brand-Level Wins — Bonefish & Carrabba's
Bonefish outperformed with Q1 comparable sales +610 basis points (6.1%) and traffic +300 basis points (3.0%). Carrabba's delivered positive comparable sales +130 basis points (1.3%) and its fifth consecutive quarter of positive same-store sales growth.
Product & Service Initiatives Showing Early Success
Launched new Outback steak lineup (high top-box menu satisfaction) and rolled out a reduced peak server station ratio (4 tables per server) in April after testing; Ziosk feedback and monthly steak reviews being used to drive consistency.
Capital Allocation and Investment Plan
Q1 capital expenditures $25 million; full-year capex expected $185M–$195M. Plan to refresh nearly all Outback restaurants by end of 2028 at ~$350k–$400k per location; char-grill expansion to be completed by mid-year to support steak program.
Guidance Reiterated and Near-Term Outlook
Full-year fiscal 2026 guidance reiterated. Q2 guidance: U.S. comp sales +1% to +2%; Q2 adjusted diluted EPS $0.27–$0.32; tax benefit ~$4M–$5M; Brazil equity-method loss expected ~($1.2M) to ($1.7M) in Q2.
CH:BOO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
FAQ
When does Bloomin' Brands (CH:BOO) report earnings?
Bloomin' Brands (CH:BOO) is schdueled to report earning on Jul 24, 2026, Before Open (Confirmed).
What is Bloomin' Brands (CH:BOO) earnings time?
Bloomin' Brands (CH:BOO) earnings time is at Jul 24, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Bloomin' Brands stock?
The P/E ratio of Bloomin' Brands is N/A.
What is CH:BOO EPS forecast?
CH:BOO EPS forecast for the fiscal quarter 2026 (Q2) is 0.23.
