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Outback Steakhouse top performer for Bloomin' Brands in Q2

Aug. 04, 2015 7:52 AM ETBloomin' Brands, Inc. (BLMN) StockBy: Clark Schultz, SA News Editor
  • Bloomin' Brands (NASDAQ:BLMN) reports comparable restaurant sales increased 2% in Q2.
  • Comp growth by brand: Outback Steakhouse +4.0%, Carrabba's Italian Grill +0.9%, Bonefish Grill -4.6%, Fleming's Prime Steakhouse & Wine Bar +3.2%.
  • U.S. restaurant-level operating margin +40 bps to 15.6%.
  • International restaurant-level operating margin -40 bps to 16.8%.
  • The company added 14 new restaurants during the quarter.
  • Previously: Bloomin' Brands beats by $0.01, misses on revenue

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