Bloomin' Brands Announces Turnaround Strategy, Releases 2025 Q3 Financial Results

About this update from Bloomin' Brands, Inc.

TAMPA, Fla- Bloomin' Brands, Inc. (Nasdaq: BLMN) today reported results for the third quarter 2025 ('Q3 2025') compared to the third quarter 2024 ('Q3 2024'). CEO Comments 'We have great momentum in our business as demonstrated by our third quarter results,' said Mike Spanos , CEO. 'All four brands drove positive comparable store sales growth for the first time since Q1 2023. Our teams continue to focus on consistency of execution in food quality and the guest experience, the foundation for our turnaround.' 'I am excited to announce our turnaround strategy, with a focus on the Outback Steakhouse brand. In support of our strategy, we will reallocate available free cash flow into strategic investments in our base business and pay down debt. As a result, we have suspended the dividend. We believe our strategic plan will drive long-term, sustainable and profitable growth.' Diluted EPS and Adjusted Diluted EPS The following table reconciles Diluted loss per share from continuing operations to Adjusted diluted (loss) earnings per share from continuing operations for the periods indicated See full release at: https://investors.bloominbrands.com/news-releases/news-release-details/bloomin-brands-announces-turnaround-strategy-releases-2025-q3 (C) 2025 Electronic News Publishing, source ENP Newswire

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