For the third quarter of 2026, Bloomin' Brands is expected to report revenue of $925.23 million and an adjusted loss per share of $0.24, with its current price of $10.28 sitting just below the $11.10 analyst consensus price target.
Investors are primarily focused on U.S. comparable restaurant sales, which management has guided to grow between 1% and 2% for the period despite broader casual dining traffic headwinds.
Analysts are closely monitoring the progress of Outback Steakhouse’s turnaround initiatives and the efficacy of value-based promotions like the "Aussie 3-Course" meal. Additionally, updates regarding the strategic review of the company's Brazilian operations and the achievement of its $30 million productivity savings target remain top priorities for shareholders seeking a catalyst for the stock.