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Bloomin' Brands Reports Q4 Sales Decline: 'Not Representative Of Our Potential,' Says CEO

Summary

Bloomin' Brands Inc. (NASDAQ: BLMN) reported an 18.5% YoY sales decline in Q4 FY24, totaling $972 million, missing analyst estimates. U.S. comparable restaurant sales fell 1.1%, with Outback Steakhouse seeing a 1.8% drop.

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Article published on February 26, 2025 by benzinga

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