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CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE (LOSS) INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 28, 2025
Sep. 29, 2024
Sep. 28, 2025
Sep. 29, 2024
Revenues        
Revenues $ 928,813 $ 910,013 $ 2,980,773 $ 2,978,455
Costs and expenses        
Food and beverage 275,081 261,338 886,717 871,620
Labor and other related 297,390 286,300 928,134 901,350
Other restaurant operating 255,476 243,803 766,836 744,626
Depreciation and amortization 44,947 44,344 133,492 130,434
General and administrative 59,103 59,989 180,007 175,660
Provision for impaired assets and restaurant closings [1] 33,236 5,597 35,126 31,154
Total costs and expenses 965,233 901,371 2,930,312 2,854,844
(Loss) income from operations (36,420) 8,642 50,461 123,611
Loss on extinguishment of debt 0 (225) 0 (136,022)
Interest expense, net (11,112) (16,483) (32,998) (45,455)
(Loss) income before (benefit) provision for income taxes (47,532) (8,066) 17,463 (57,866)
(Benefit) provision for income taxes (2,404) (8,030) (10,249) 1,392
Loss from equity method investment, net of tax (337) 0 (3,434) 0
Net (loss) income from continuing operations (45,465) (36) 24,278 (59,258)
Net income from discontinued operations, net of tax 189 7,577 714 14,140
Net (loss) income (45,276) 7,541 24,992 (45,118)
Less: net income attributable to noncontrolling interests 583 629 3,280 3,439
Net (loss) income attributable to Bloomin’ Brands (45,859) 6,912 21,712 (48,557)
Other comprehensive (loss) income:        
Foreign currency translation adjustment 3,367 (11,849) 2,745 (23,638)
Reclassification of foreign currency translation adjustments into earnings due to sale of business 0 0 217,548 0
Net gain (loss) on derivatives, net of tax 67 (3,474) 180 (1,987)
Comprehensive (loss) income (41,842) (7,782) 245,465 (70,743)
Less: comprehensive income attributable to noncontrolling interests 583 629 3,280 3,439
Comprehensive (loss) income attributable to Bloomin’ Brands $ (42,425) $ (8,411) $ 242,185 $ (74,182)
Basic (loss) earnings per share (2):        
Continuing operations (in USD per share) [2] $ (0.54) $ (0.01) $ 0.25 $ (0.73)
Discontinued operations (in USD per share) [2] 0 0.09 0.01 0.16
Net basic (loss) earnings per share (in USD per share) [2] (0.54) 0.08 0.26 (0.56)
Diluted (loss) earnings per share (2):        
Continuing operations (in USD per share) [2] (0.54) (0.01) 0.25 (0.73)
Discontinued operations (in USD per share) [2] 0 0.09 0.01 0.16
Net diluted (loss) earnings per share (in USD per share) [2] $ (0.54) $ 0.08 $ 0.25 $ (0.56)
Weighted average common shares outstanding:        
Basic (in shares) 85,093 85,063 85,012 86,258
Diluted (in shares) 85,093 85,063 85,222 86,258
Restaurant sales        
Revenues        
Revenues $ 911,920 $ 889,784 $ 2,926,208 $ 2,914,253
Franchise and other revenues        
Revenues        
Revenues $ 16,893 $ 20,229 $ 54,565 $ 64,202
[1] For the thirteen and thirty-nine weeks ended September 29, 2024, primarily includes charges related to the Q2 2024 decision to close nine restaurants in Hong Kong and the closure of 36 predominantly older, underperforming U.S. restaurants (the “2023 Restaurant Closures”).
[2] Amounts may not add due to rounding.