Bloomin' Brands, Inc.
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Company Description
- CEO
- Michael Spanos
- Full Time Employees
- 64,000
- Sector
- Consumer Cyclical
- Industry
- Restaurants
- Address
- 2202 North West Shore Boulevard Tampa FL United States of America 33607
- IPO Date
- Aug 8, 2012
- CIK
- 0001546417
- Website
- bloominbrands.com
- Similar Companies
- Business
- Bloomin' Brands, Inc. (BLMN) owns, operates, and franchises casual dining restaurant chains, primarily through its Outback Steakhouse, Carrabba's Italian Grill, Bonefish Grill, and Fleming's Prime Steakhouse & Wine Bar brands; it offers full-service dining experiences featuring steak, seafood, Italian cuisine, and prime steaks paired with wines and cocktails. The company provides dine-in, takeout, delivery, and catering services across its portfolio, targeting casual and upscale diners in the United States, Latin America, and select international markets including Brazil and Puerto Rico. Founded in 1988 and headquartered in Tampa, Florida, Bloomin' Brands operates more than 1,300 locations worldwide through a mix of company-owned and franchised outlets. In recent developments, the company completed the acquisition of its South Florida-based joint venture partner in 2024 to gain full ownership of 39 Carrabba's Italian Grill restaurants, enhancing its operational control in key U.S. markets; it also announced strategic leadership changes, including the appointment of a new Chief Financial Officer in late 2024 to support growth initiatives. Additionally, Bloomin' Brands expanded its digital and delivery capabilities with partnerships enhancing off-premise sales, which now represent a significant portion of revenue, and reported robust same-store sales growth in its international segments amid a focus on menu innovation and cost efficiencies.
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