Business
Add as a preferred source on GoogleManagement sees a lower U.S. comparable-sales range in the fourth quarter (0% to 1%) than across fiscal 2026 (1% to 1.5%).
Bloomin' Brands reported $944 million in third-quarter revenue and an adjusted diluted loss of $0.17 per share, while setting its earnings outlook for fiscal 2026.
The company projects U.S. comparable-sales growth of 0% to 1% for the fourth quarter, compared with 1% to 1.5% over fiscal 2026.
The company's forecast for adjusted earnings per share (EPS) in fiscal 2026 is $0.97 to $1.02.
Operating profit rose 13% to $451 million, while the company added a record 692 net stores during the quarter.
For the fourth quarter, the grocer projects comparable sales will fall 2% to 4% and earnings per share will be $0.47 to $0.51.
Second-quarter revenue fell 4.3% year over year, while the company forecast third-quarter revenue of $2.29 billion to $2.32 billion.
