TAMPA, Fla-- Bloomin' Brands, Inc. (Nasdaq: BLMN) today reported results for the first quarter 2024 ('Q1 2024') compared to the first quarter 2023 ('Q1 2023').

CEO Comments

'The first quarter was a solid start to the year, as sales and profit met our expectations,' said David Deno, CEO. 'After a slower start, sales trends strengthened throughout the quarter. Our sales performance is well ahead of the casual dining industry as our marketing and operations initiatives are paying off, especially at Outback.'

Diluted EPS and Adjusted Diluted EPS

The following table reconciles Diluted (loss) earnings per share to Adjusted diluted earnings per share for the periods indicated (unaudited):

See full release at: https://investors.bloominbrands.com/news-releases/news-release-details/bloomin-brands-announces-2024-q1-financial-results

Tara Kurian

VP, Corporate Finance and Investor Relations

(813) 830-5311

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