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Bloomin' Brands Announces 2024 Q4 Financial Results

1. Bloomin' Brands reported Q4 2024 results, including comparisons to Q4 2023. 2. The previous fiscal year had an extra operating week which may skew results.

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-16.43%Current Return
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+0.02%S&P 500
$11.902/26 07:07 AM EDTEvent Start
$9.94502/27 01:53 PM EDTLatest Updated
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FAQ

Why Neutral?

The reporting period's extra week from the previous year complicates direct performance comparisons, making insights less clear. Investors may need further context for meaningful analysis.

How important is it?

Earnings reports can influence BLMN price, but results may be overshadowed by factors such as the additional operating week, affecting clarity for investors.

Why Short Term?

Immediate reactions to earnings reports can affect stock price, but the long-term impact hinges on management's future performance strategies and market conditions.

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TAMPA, Fla.--(BUSINESS WIRE)--Bloomin' Brands, Inc. (Nasdaq: BLMN) today reported results for the fourth quarter 2024 (“Q4 2024”) and fiscal year ended December 29, 2024 (“Fiscal Year 2024”) compared to the fourth quarter 2023 (“Q4 2023”) and the fiscal year ended December 31, 2023 (“Fiscal Year 2023”). In 2023, the fourth quarter and fiscal year included an additional operating week (“53rd week”) compared to Fiscal Year 2024. CEO Comments “In my first six months, I have become even more confid.

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