Bloomin’ Brands, Inc. (NASDAQ: BLMN) reported upbeat earnings for its fourth quarter on Friday.
The company reported fourth-quarter adjusted earnings per share of 75 cents, beating the street view of 69 cents. Quarterly revenues of $1.194 billion marginally missed the analyst consensus of $1.198 billion, according to data from Benzinga Pro.
Adjusted operating margin decreased to 7.5% in the quarter under review from 8.2% in the year-ago period.
On Feb. 13, the company declared a quarterly cash dividend of $0.24 per share, payable on March 20, 2024, to stockholders of record at …
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