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May 6, 2026 4:00 PM

What's Going On With Bloomin' Brands Stock On Wednesday?

Bloomin’ Brands, Inc. (NASDAQ:BLMN) shares surged on Wednesday after the restaurant operator posted stronger-than-expected quarterly results and issued upbeat second-quarter earnings guidance.

The company pointed to improving performance at Outback Steakhouse as pricing actions, operational initiatives and higher guest spending helped support margins and sales growth.

• BMLN shares are consolidating. Where is BMLN stock headed?

Quarterly Details

The company reported first-quarter adjusted earnings per share of 67 cents, beating the analyst consensus estimate of 57 cents.

Quarterly sales of $1.059 billion (+1% year ...