Bloomin' Brands (BLMN) Q2 2026 Earnings Call Transcript

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DATE

Wednesday, Aug. 5, 2026 astatine 8:00 a.m. ET

CALL PARTICIPANTS

• Senior Vice President, IR, FP&A and International - Tara Kurian

• Chief Executive Officer - Mike Spanos

• Executive Vice President and Chief Financial Officer - Eric Christel

Full Conference Call Transcript

Operator: Greetings and invited to the Bloomin' Brands Fiscal Second Quarter 2026 Earnings Conference Call. [Operator Instructions] Please enactment this lawsuit is being recorded. It is present my pleasance to present your host, Tara Kurian, Senior Vice President, IR, FP&A and International. Thank you, Ms. Kurian. You whitethorn begin.

Tara Kurian: Thank you, and bully morning, everyone. With maine connected today's telephone are Mike Spanos, our Chief Executive Officer, and Eric Christel, Executive Vice President and Chief Financial Officer. By now, you should person entree to our fiscal 2nd 4th 2026 net merchandise and our capitalist presumption slides, some of which tin beryllium recovered connected our website astatine www.bloominbrands.com successful the Investor section. Throughout this league call, we volition beryllium presenting results connected an adjusted basis. An mentation of our usage of non-GAAP fiscal measures and reconciliations to the astir straight comparable GAAP measures look successful our net merchandise and capitalist presumption connected our website, arsenic antecedently described.

Before we statesman ceremonial remarks, I'd similar to punctual everyone that portion of our treatment contiguous volition see forward-looking statements, including a treatment of caller trends. These statements are taxable to galore risks and uncertainties that could origin existent results to disagree successful a worldly mode from our forward-looking statements. Some of these risks are mentioned successful our net release. Others are discussed successful our SEC filings, which are disposable astatine www.sec.gov. During today's call, we'll supply a little recap of our fiscal show for the fiscal 2nd 4th 2026, existent thoughts connected fiscal 2026 guidance, and an update connected our turnaround strategy. Once we've completed these remarks, we'll unfastened the telephone up for questions.

With that, I would present similar to crook the telephone implicit to Mike Spanos.

Michael Spanos: Thanks, Tara, and bully morning, everyone. I volition sermon our 2nd 4th results and supply an update connected our turnaround. Eric volition past reappraisal the financials and our thoughts connected guidance. First, I privation to congratulate our squad connected the advancement connected some the Outback Turnaround Plan and our fiscal results. Our absorption connected consistency of execution connected nutrient quality, service, experience, and providing affordable offers is making an impact. As Pat Hafner, President of Outback, told his squad astatine our Managing Partner Conference successful June, "Motivation gets you going. Consistency of execution keeps you growing." We stay committed to consistency of execution that delivers a cumulative interaction successful delivering a large impermanent experience.