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)-3%
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 Metrics

Bloomin' Brands Financial Metrics

Bloomin' Brands's revenue was reported to be $4.3 b in FY, 2016 which is a 3% decrease from the previous period.

Revenue (FY, 2016)

$4.3 b

Revenue growth (FY, 2015 - FY, 2016), %

(3%)

Gross profit (FY, 2016)

$2.9 b

Gross profit margin (FY, 2016), %

68%

Net income (FY, 2016)

$46.3 m

EBIT (FY, 2016)

$127.6 m

Market capitalization (28-Apr-2017)

$2.2 b

Closing share price (28-Apr-2017)

$21.1

Cash (25-Dec-2016)

$127.2 m
Bloomin' Brands's current market capitalization is $2.2 b.
FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$4.1 b$4.4 b$4.4 b$4.3 b

Revenue growth, %

8%(1%)(3%)

Cost of goods sold

$1.3 b$1.4 b$1.4 b$1.4 b

Gross profit

$2.8 b$3 b$3 b$2.9 b

Gross profit Margin, %

68%68%68%68%

Operating expense total

$2.6 b$2.8 b$2.7 b$4.1 b

EBIT

$217.6 m$192 m$230.9 m$127.6 m

EBIT margin, %

5%4%5%3%

Interest expense

$74.8 m$59.7 m$56.2 m$45.7 m

Pre tax profit

$56.5 m

Income tax expense

($42.2 m)$24 m$39.3 m$10.1 m

Net Income

$214.6 m$95.9 m$131.6 m$46.3 m
FY, 2013FY, 2014FY, 2015FY, 2016

Cash

$209.9 m$165.7 m$132.3 m$127.2 m

Accounts Receivable

Inventories

$80.6 m$80.8 m$80.7 m$65.2 m

Current Assets

$484 m$600.6 m$418.6 m$390.5 m

Goodwill

$346.3 m$341.5 m$300.9 m$310.1 m

Total Assets

$3.3 b$3.3 b$3 b$2.6 b

Accounts Payable

$164.6 m$191.2 m$193.1 m$195.4 m

Current Liabilities

$744.5 m$840.1 m$814.2 m$823.4 m

Additional Paid-in Capital

$1.1 b$1.1 b$1.1 b$1.1 b

Retained Earnings

($565.2 m)($475 m)($518.4 m)($786.8 m)

Total Equity

$421.9 m$195.4 m

Financial Leverage

7.2 x13.5 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$214.6 m$95.9 m$131.6 m$46.3 m

Depreciation and Amortization

$164.1 m$190.9 m$190.4 m$193.8 m

Accounts Receivable

Inventories

Accounts Payable

Cash From Operating Activities

$377.3 m$352 m$397.4 m$340.6 m

Capital Expenditures

($237.2 m)($237.9 m)($210.3 m)($260.6 m)

Cash From Investing Activities

($346.1 m)($240.3 m)($180.6 m)$309.3 m

Long-term Borrowings

($80.8 m)($31.9 m)($43.1 m)($355.6 m)

Cash From Financing Activities

($87.1 m)($148.7 m)($241 m)($658 m)

Interest Paid

$71.4 m$57.2 m$54 m$41.6 m

Income Taxes Paid

$33.7 m$56.2 m$31.6 m$88.8 m

Free Cash Flow

$614.5 m$589.9 m$607.7 m$601.2 m
Y, 2016

Revenue/Employee

$42.5 k

Financial Leverage

13.5 x

Bloomin' Brands Market Value History

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Bloomin' Brands Company Life

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