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Bloomin’ Brands CEO David Deno says business is ‘under appreciated’Bloomin’ Brands CEO David Deno says business is ‘under appreciated’

Company touts new delivery deal and growth in Brazil

Gloria Dawson

November 6, 2019

3 Min Read
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The big news out of Bloomin’ Brands third quarter earnings was its look toward strategic alternatives, including a possible sale, but the call also included analyses of the brand’s wins in delivery and international segments.

The brand, parent to Outback Steakhouse, Carrabba's Italian Kitchen, Bonefish Grill and Fleming's Prime Steakhouse & Wine Bar, believes its stock price doesn't reflect its value and is considering strategic alternatives in the best interest of shareholders. 

For the third quarter, net income totaled $9.2 million, or 11 cents per share, up from $4.1 million, or 4 cents per share, in 2018. Revenue was $967.1 million, up from $965 Million. Total U.S. same-store sales fell 0.2%. Same-store sales rose slightly for Outback,...

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About the Author

Gloria Dawson

Gloria Dawson is a senior editor at Nation’s Restaurant News, Restaurant Hospitality and Supermarket News. She writes and edits breaking news and feature stories and conceptualizes and manages various sections and special issues of NRN magazine.

She joined the restaurant and food group in 2018 after writing for the New York Times, the Wall Street Journal, Eater and various other publications. She earned her master's degree from Columbia University Graduate School of Journalism and her BFA in art history and photography from the Art Institute of Boston at Lesley University.

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