Bloomin' Brands (BLMN) Stock Forecast & Price Target

Bloomin Brands Inc. has demonstrated strong financial performance with Carrabba's and Fleming's achieving same-store sales growth of 3.9% and 3.8%, respectively, surpassing consensus estimates by 300 basis points and 160 basis points. The company reported a 2Q25 EPS of $0.33, which exceeded consensus by $0.05, driven by modest comparable sales growth and favorable tax conditions despite some pressure on restaurant margins. Additionally, the sequential improvement in comparable sales signals potential for recovery and growth, particularly as the company continues to enhance its operational strategies in the competitive casual dining market.

Bloomin Brands, Inc. has demonstrated a persistent decline in key performance metrics, notably a 10% decrease in traffic over a three-year period, contributing to a challenging outlook for blended comparable sales. Additionally, the company has substantially revised its 2025 earnings per share guidance downward by approximately 20% to a range of $1.00 to $1.10, significantly below the consensus estimate of $1.23, marking the second such guidance cut within four quarters. Furthermore, the company's third-quarter performance projections indicate a lackluster comparable sales growth forecast of between -1% and flat, along with an earnings per share estimate that lags behind consensus expectations, suggesting ongoing financial difficulties.