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Bloomin' Brands Inc (BLMN.OQ)

BLMN.OQ on NASDAQ Stock Exchange Global Select Market

20.87USD
15 Dec 2017
Change (% chg)

$-0.08 (-0.38%)
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Open
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Volume
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Latest Key Developments (Source: Significant Developments)

Bloomin' Brands Says On Nov 30 Co, Unit Entered Into Credit Agreement
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - Bloomin' Brands Inc ::BLOOMIN' BRANDS SAYS ON NOV 30 CO, UNIT ENTERED INTO CREDIT AGREEMENT PROVIDING FOR SENIOR SECURED FINANCING OF UP TO $1.5 BILLION - SEC FILING.BLOOMIN' BRANDS - BORROWINGS UNDER NEW FACILITY BEAR INTEREST AT RATES RANGING FROM 1.50% TO 2.00% OVER ADJUSTED LIBOR OR 0.50% TO 1.00% OVER ABR.BLOOMIN' BRANDS INC - SENIOR SECURED FINANCING CONSIST OF A $500.0 MILLION TERM LOAN A AND A $1.0 BILLION REVOLVING CREDIT FACILITY.BLOOMIN' BRANDS INC - NEW FACILITY REPLACES COMPANY'S PRIOR $1.322 BILLION CREDIT FACILITY.BLOOMIN' BRANDS INC - MATURITY DATE FOR NEW FACILITY IS NOVEMBER 30, 2022.BLOOMIN' BRANDS INC - REVOLVING CREDIT FACILITY PROVIDES SUB-LIMITS FOR SWING-LINE LOANS OF UP TO $50.0 MILLION AND LETTERS OF CREDIT OF UP TO $75.0 MILLION.  Full Article

Bloomin' Brands Inc responds to Jana Partners statement in 13D
Thursday, 23 Nov 2017 

Nov 23 (Reuters) - Bloomin' Brands Inc :Confirmed that Jana Partners LLC has filed a schedule 13D with securities and exchange commission​.Board, management "‍will consider the perspectives" reflected in schedule 13d filed by Jana Partners LLC​.  Full Article

Bloomin' Brands says to consider "perspectives" in Jana Partners' SEC filing
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - Bloomin' Brands Inc ::Confirmed that Jana Partners Llc has filed a schedule 13D with Securities and Exchange Commission​.Board, management "‍will consider the perspectives" reflected in schedule 13d filed by Jana Partners Llc​.  Full Article

Jana Partners reports a 8.74 percent stake in Bloomin' Brands as of Nov 10
Monday, 20 Nov 2017 

Nov 20 (Reuters) - Jana Partners :Jana Partners reports a 8.74 percent stake in Bloomin' Brands Inc as of November 10, 2017 - SEC filing‍​.Jana Partners LLC says acquired Bloomin' Brands Inc shares because believe the shares are undervalued.‍Jana Partners says intends to discussions with Bloomin' Brands board regarding a review of strategic alternatives including exploring a sale of co.Jana Partners says discussions with Bloomin' Brands board with regard to portfolio composition; capital allocation; board composition & governance‍​.  Full Article

Bloomin' Brands Q3 earnings per share $0.05
Friday, 3 Nov 2017 

Nov 3 (Reuters) - Bloomin' Brands Inc :Bloomin' Brands announces 2017 Q3 diluted EPS of $0.05 and adjusted diluted EPS of $0.12; posts comparable restaurant sales of 0.6 pct at outback with positive traffic; updates fiscal 2017 financial outlook.Q3 earnings per share $0.05.Q3 earnings per share view $0.15 -- Thomson Reuters I/B/E/S.‍combined negative impact of hurricanes Harvey and Irma was estimated to be 1.0% to comp sales and $0.04 to diluted EPS​.Bloomin' Brands Inc qtrly ‍adj earnings per share $0.12​.Bloomin' Brands Inc sees ‍2017 adjusted earnings per share $1.31 to $1.36​.Bloomin' Brands Inc sees ‍2017 earnings per share $1.09 to $1.14​.FY 2017 earnings per share view $1.40 -- Thomson Reuters I/B/E/S.Bloomin' Brands - ‍updated some 2017 outlook due to negative impact of hurricanes Harvey & Irma, higher commodity expenses than planned​.Bloomin' Brands - ‍"although comp sales across portfolio have improved in October, we remain cautious on future industry sales trends​".Bloomin' Brands - FY guidance for combined U.S. comp. Restaurant sales, CapEx, number of new system-side restaurants unchanged from prior outlook​.  Full Article

Bloomin' Brands Q2 adjusted earnings per share $0.30
Friday, 29 Jul 2016 

Bloomin' Brands Inc : Q2 same restaurant sales rose 3.9 percent . Updated 2016 financial outlook, including updated u.s. Gaap diluted earnings per share guidance of "at least $0.75" . Sees 2016 adjusted earnings per share at least $1.35 including items . Q2 performance for brands and industry was softer than expected . Fy2016 earnings per share view $1.37 -- Thomson Reuters I/B/E/S . Bloomin' brands announces 2016 q2 diluted eps of $(0.08) and adjusted diluted eps of $0.30; . Q2 loss per share $0.08 . Q2 earnings per share view $0.29 -- Thomson Reuters I/B/E/S . Q2 adjusted earnings per share $0.30 .Sees Fy 2016 capital expenditures $235-$255 million.  Full Article

Bloomin' brands expects to record pre-tax charge related to sale of South Korean business
Monday, 25 Jul 2016 

Bloomin' Brands Inc : Says it now expects will record pre-tax charge of about $38-$42 million during 13 weeks ended June 26, 2016 related to sale of South Korean business . Correction resulted in no changes to deal terms or expected cash flows, continue to expect sale to be completed in third fiscal quarter . Correction to charge estimate primarily related to calculations of foreign currency translation adjustments for South Korea business . Foreign currency translation adjustments for South Korea business will make up approximately $21 million of pre-tax impairment charge . Correcting expectations for pre-tax impairment charge from previous range of about $9-$13 million related to sale of South Korean business . Correction to charge estimate resulted in no changes to deal terms or expected cash flows; continue to expect sale to be completed in Q3 Source: (http://bit.ly/2aFqzpi) Further company coverage: [BLMN.O] ((Bengaluru Newsroom: +1 646 223 8780;)).  Full Article

Bloomin' Brands plans to develop 26 outback steakhouse and Abbraccio restaurants in Middle East over next five years
Tuesday, 5 Jul 2016 

Bloomin' Brands Inc :Plans to develop 26 outback steakhouse and Abbraccio restaurants in Middle East over next five years.  Full Article

Bloomin' Brands Inc board approves $250 million share repurchase
Wednesday, 17 Feb 2016 

Bloomin' Brands Inc:Says board approves $250 million share repurchase program.  Full Article

BRIEF-Bloomin' Brands Says Chris Sullivan Gave Notice Of Resignation From Board

* BLOOMIN' BRANDS - ON DEC 6,CHRIS T. SULLIVAN GAVE NOTICE OF RESIGNATION FROM BOARD; ON SULLIVAN’S RESIGNATION, BOARD REDUCED SIZE TO 7 - SEC FILING Source text: (http://bit.ly/2jOzTN7) Further company coverage: