Bloomin' Brands Analysts Slash Their Forecasts After Downbeat Earnings
Bloomin' Brands Analysts Slash Their Forecasts After Downbeat Earnings
Bloomin' Brands lowered the FY24 adjusted EPS outlook to $2.10-$2.30 (from $2.51-$2.66) vs. the estimate of $2.41 and projects U.S. Comparable Restaurant sales declining 1% to flat (prior view: flat to +2%). The company expects third-quarter U.S. comparable restaurant sales to be down 2% to flat, with adjusted EPS of $0.17-$0.25 (from $0.55-$0.60 prior) versus the estimate of $0.39.Bloomin' Brands, Inc. (NASDAQ:BLMN) reported downbeat results for the second quarter on Tuesday.
Bloomin品牌公司（纳斯达克：BLMN）周二公布了第二季度的不佳业绩报告。
The company reported second-quarter adjusted EPS of 51 cents, missing the analyst consensus of 58 cents. Quarterly sales of $1.12 billion marginally missed the street view of $1.13 billion, decreasing 2.9% Y/Y.
该公司报告第二季度调整后的每股收益为51美分，低于分析师预期的58美分。季度销售额为11.2亿美元，略低于街道预期的11.3亿美元，同比下降2.9%。
David Deno, CEO said, "While our comparable sales growth outpaced the industry in Q2, we did not meet our expectations. We are very focused on developing a path to sustainable growth at Outback and are making progress in improving the guest experience, providing meaningful value, and enhancing customer and digital capabilities."
首席执行官David Deno表示:"尽管我们在Q2中的可比销售增长超过了行业的平均水平，但我们并没有达到我们的预期。在Outback，我们专注于制定一条可持续增长的道路，并在提高客户体验、提供有意义的价值以及增强客户和数字能力方面取得了进展。"
Bloomin' Brands lowered the FY24 adjusted EPS outlook to $2.10-$2.30 (from $2.51-$2.66) vs. the estimate of $2.41 and projects U.S. Comparable Restaurant sales declining 1% to flat (prior view: flat to +2%). The company expects third-quarter U.S. comparable restaurant sales to be down 2% to flat, with adjusted EPS of $0.17-$0.25 (from $0.55-$0.60 prior) versus the estimate of $0.39.
Bloomin品牌下调了2024财年的调整后每股收益预期，从2.51-2.66美元降至2.10-2.30美元（预期为2.41美元），并预计美国餐厅可比销售额将下降1%至平稳（之前的预期为平稳至+2%）。该公司预计第三季度美国餐厅可比销售额将下降2%至平稳，调整后每股收益为0.17-0.25美元（之前为0.55-0.60美元），预期为0.39美元。
Bloomin' Brands shares rose 1.4% to trade at $17.21 on Wednesday.
Bloomin品牌股票周三上涨1.4%，报价17.21美元。
These analysts made changes to their price targets on Bloomin' Brands following earnings announcement.
这些分析师在收益公告后调整了Bloomin品牌的价格目标。
BMO Capital analyst Andrew Strelzik maintained Bloomin Brands with a Market Perform and lowered the price target from $27 to $20.
BMO Capital的分析师安德鲁·斯特雷尔齐克维持了Bloomin品牌的市场表现，并将价格目标从27美元降至20美元。
UBS analyst Dennis Geiger maintained Bloomin Brands with a Neutral and cut the price target from $26 to $18.
UBS分析师丹尼斯·盖格维持了Bloomin品牌的中立评级，并将价格目标从26美元降至18美元。
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