Comparable sales limp in for Bloomin' Brands

• Bloomin' Brands (NASDAQ:BLMN) reports comparable restaurant sales fell 3.5% in Q4, led by a 4.8% drop for the Outback Steakhouse chain in the U.S.
• Adjusted restaurant-level operating margin decreased 60 bps to 15.1%.
• Looking ahead, Bloomin' sees U.S. comparable sales flat to slightly down this year and expects EPS of $1.40 to $1.47.
• Previously: Bloomin' Brands misses by $0.01, misses on revenue (Feb. 17)