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Outback Steakhouse Parent Bloomin Brands Q1 Earnings: Margin Contraction, High Debt, Weak Q2 Outlook
benzinga.com/news/guidance/25/05/45272060/outback-steakhouse-parent-bloomin-brands-q1-earnings-margin-contraction-high-debt-weak-q2-outlook
Bloomin’ Brands, Inc. (NASDAQ:BLMN) reported first quarter adjusted earnings per share of 59 cents on Wednesday, beating the analyst consensus estimate of 56 cents.
Quarterly sales of $1.05 billion (down 1.8% year over year) outpaced the street view of $1.03 billion.
The decrease in…
This story appeared on benzinga.com, 2025-05-07 22:43:20.