Bloomin' Brands

In the late 1980s, four friends who were all veterans of the hospitality industry had the dream of opening their own restaurant. They wanted a place with a casual atmosphere and a strong focus on quality food and service.

To differentiate themselves from other dining concepts, they decided an Australian theme fit the relaxed, friendly and fun image they wanted for their new restaurant. With a “No Rules, Just Right” mentality that takes food very seriously, but without taking themselves too seriously and operating under the premise that nothing stands in the way of pleasing the customer, they opened their first Outback Steakhouse restaurant in March 1988 in Tampa, Florida. Outback Steakhouse quickly became known as a place that served a great steak at a reasonable price by people who genuinely cared about the comfort, well-being and joy of their guests.

Since the first Outback Steakhouse opened, our family has expanded to include Carrabba’s Italian Grill, Bonefish Grill, and Fleming’s Prime Steakhouse & Wine Bar. Together, these unique, Founder-inspired restaurants that deliver exceptional quality and welcoming hospitality make up Bloomin’ Brands, Inc.

Today, Bloomin' Brands is one of the world's largest casual dining companies with approximately 95,000 Team Members and more than 1,500 restaurants throughout 48 states, Puerto Rico, Guam and 21 countries.

Company Growth (employees)
Type
Public
HQ
Tampa, US
Founded
1988
Size (employees)
97,000 (est)
Bloomin' Brands was founded in 1988 and is headquartered in Tampa, US

Bloomin' Brands Office Locations

Bloomin' Brands has an office in Tampa
Tampa, US (HQ)
500 2202 N Westshore Blvd

Bloomin' Brands Financials and Metrics

Bloomin' Brands Financials

Bloomin' Brands's revenue was reported to be $4.3 b in FY, 2016
USD

Revenue (Q3, 2017)

948.9 m

Gross profit (Q3, 2017)

652.3 m

Gross profit margin (Q3, 2017), %

69%

Net income (Q3, 2017)

4 m

EBIT (Q3, 2017)

3.2 m

Market capitalization (08-Dec-2017)

2.1 b

Cash (24-Sep-2017)

98.7 m

EV

2 b
Bloomin' Brands's current market capitalization is $2.1 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

4.1 b4.4 b4.4 b4.3 b

Revenue growth, %

8%(1%)(3%)

Cost of goods sold

1.3 b1.4 b1.4 b1.4 b

Gross profit

2.8 b3 b3 b2.9 b
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

967.6 m1.2 b1.1 b1.1 b1.2 b1.1 b1 b1.2 b1.1 b1 b1.1 b1 b948.9 m

Cost of goods sold

317.6 m373.6 m358.9 m348.3 m387.5 m357.5 m339 m375.3 m346.8 m322.1 m364.7 m323.1 m296.6 m

Gross profit

650 m784.2 m752.1 m717.1 m814.6 m742.1 m687.7 m788.9 m731.8 m683.3 m779.1 m709.9 m652.3 m

Gross profit Margin, %

67%68%68%67%68%67%67%68%68%68%68%69%69%
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

209.9 m165.7 m132.3 m127.2 m

Inventories

80.6 m80.8 m80.7 m65.2 m

Current Assets

484 m600.6 m418.6 m390.5 m

Goodwill

346.3 m341.5 m300.9 m310.1 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

183.7 m172.6 m155.8 m144.7 m135.6 m132.8 m135.6 m128.8 m102.1 m91.5 m98.4 m103.5 m98.7 m

Inventories

70.7 m66.8 m65.3 m64.7 m73.2 m72.1 m79.6 m74.4 m67.7 m66.5 m52.3 m52.6 m51 m

Current Assets

407.4 m431.3 m427.9 m451.5 m484.3 m446.5 m440.8 m300.7 m296.1 m250.4 m241.3 m253.2 m258.7 m

Goodwill

271.2 m346.4 m353.1 m359.2 m329.8 m318.2 m306.3 m297.9 m304.6 m314.6 m316.5 m312.9 m315.3 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

214.6 m95.9 m131.6 m46.3 m

Depreciation and Amortization

164.1 m190.9 m190.4 m193.8 m

Cash From Operating Activities

377.3 m352 m397.4 m340.6 m

Capital Expenditures

(237.2 m)(237.9 m)(210.3 m)(260.6 m)
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

153.7 m55.1 m82.8 m72 m62.1 m95.1 m112.5 m35.9 m27.8 m49 m44.9 m81.3 m

Depreciation and Amortization

121.2 m46.2 m94.8 m143.5 m46.5 m93.9 m141.3 m47.7 m96.7 m145.2 m46.6 m94.7 m

Cash From Operating Activities

126.7 m39.8 m97.2 m159.5 m96 m197.4 m247.3 m130.7 m205.4 m223.6 m136.2 m183.1 m

Capital Expenditures

(166.2 m)(39.3 m)(97.6 m)(174.4 m)(47.7 m)(114.3 m)(166.8 m)(43.6 m)(109.3 m)(185.6 m)(58.2 m)(116.3 m)
USDY, 2017

EV/EBIT

636.2 x

EV/CFO

11.1 x

EV/FCF

30.3 x

Revenue/Employee

9.8 k

Financial Leverage

67.5 x
Show all financial metrics

Bloomin' Brands Market Value History

Bloomin' Brands's Web-traffic and Trends

Bloomin' Brands Company Life and Culture

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