Bloomin' Brands Files 2024 10-K
Ticker: BLMN · Form: 10-K · Filed: 2025-02-26T00:00:00.000Z
Sentiment: neutral
Topics: 10-K, annual-report, restaurant-closings
TL;DR
Bloomin' Brands dropped its 2024 10-K. Check financials for restaurant closings.
AI Summary
Bloomin' Brands, Inc. filed its 2024 10-K on February 26, 2025, reporting on its fiscal year ending December 29, 2024. The filing details the company's financial performance and operations, including provisions for impaired assets and restaurant closings. Key financial data and operational aspects are presented for the fiscal year.
Why It Matters
This filing provides investors and analysts with a comprehensive overview of Bloomin' Brands' financial health and strategic direction for the past fiscal year, impacting investment decisions.
Risk Assessment
Risk Level: medium — The filing is a standard annual report and does not inherently indicate new or elevated risks beyond normal business operations.
Key Numbers
- 20241229 — Fiscal Year End (The end date of the reporting period.)
- 20250226 — Filing Date (The date the 10-K was submitted to the SEC.)
Key Players & Entities
- Bloomin' Brands, Inc. (company) — Filer of the 10-K
- 20241229 (date) — Fiscal year end date
- 20250226 (date) — Filing date
- TAMPA, FL (location) — Company headquarters and mailing address
FAQ
What was the total revenue for Bloomin' Brands in the fiscal year ending December 29, 2024?
The provided text does not contain specific revenue figures for the fiscal year ending December 29, 2024.
What were the primary reasons for restaurant closings mentioned in the filing?
The filing mentions 'Provision for Impaired Assets and Restaurant Closings' but does not detail the specific reasons for these closings in the provided excerpt.
What is Bloomin' Brands' fiscal year end?
Bloomin' Brands' fiscal year ends on December 29.
When was the 10-K filing submitted?
The 10-K filing was submitted on February 26, 2025.
Where is Bloomin' Brands headquartered?
Bloomin' Brands, Inc. is headquartered in Tampa, FL.
From the Filing
0001546417-25-000034.txt : 20250226 0001546417-25-000034.hdr.sgml : 20250226 20250226160559 ACCESSION NUMBER: 0001546417-25-000034 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 173 CONFORMED PERIOD OF REPORT: 20241229 FILED AS OF DATE: 20250226 DATE AS OF CHANGE: 20250226 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Bloomin' Brands, Inc. CENTRAL INDEX KEY: 0001546417 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-EATING PLACES [5812] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 208023465 STATE OF INCORPORATION: DE FISCAL YEAR END: 1229 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-35625 FILM NUMBER: 25669971 BUSINESS ADDRESS: STREET 1: 2202 NORTH WEST SHORE BOULEVARD STREET 2: SUITE 500 CITY: TAMPA STATE: FL ZIP: 33607 BUSINESS PHONE: 813-282-1225 MAIL ADDRESS: STREET 1: 2202 NORTH WEST SHORE BOULEVARD STREET 2: SUITE 500 CITY: TAMPA STATE: FL ZIP: 33607 10-K 1 blmn-20241229.htm FORM 10-K blmn-20241229 FALSE USD 0001546417 2024 FY P1Y P5Y http://fasb.org/us-gaap/2024#GeneralAndAdministrativeExpense http://fasb.org/us-gaap/2024#LaborAndRelatedExpense http://fasb.org/us-gaap/2024#OtherCostAndExpenseOperating http://www.bloominbrands.com/20241229#ProvisionforImpairedAssetsandRestaurantClosings http://fasb.org/us-gaap/2024#GeneralAndAdministrativeExpense http://fasb.org/us-gaap/2024#LaborAndRelatedExpense http://fasb.org/us-gaap/2024#OtherCostAndExpenseOperating http://www.bloominbrands.com/20241229#ProvisionforImpairedAssetsandRestaurantClosings P1Y http://fasb.org/us-gaap/2024#PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization http://fasb.org/us-gaap/2024#PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization http://www.bloominbrands.com/20241229#AccruedandOtherLiabilitiesCurrent http://www.bloominbrands.com/20241229#AccruedandOtherLiabilitiesCurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2024#OtherAssetsCurrent http://fasb.org/us-gaap/2024#OtherAssetsCurrent http://www.bloominbrands.com/20241229#AccruedandOtherLiabilitiesCurrent http://www.bloominbrands.com/20241229#AccruedandOtherLiabilitiesCurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent 15,855 3,428 iso4217:USD xbrli:shares iso4217:USD xbrli:shares blmn:restaurant xbrli:pure iso4217:BRL blmn:Restaurants blmn:day blmn:counterparty blmn:supplier blmn:countries 0001546417 2024-01-01 2024-12-29 0001546417 2024-06-28 0001546417 2025-02-21 0001546417 blmn:A2025NotesMember us-gaap:ConvertibleDebtMember 2024-02-29 2024-02-29 0001546417 2024-12-29 0001546417 2023-12-31 0001546417 us-gaap:FoodAndBeverageMember 2024-01-01 2024-12-29 0001546417 us-gaap:FoodAndBeverageMember 2022-12-26 2023-12-31 0001546417 us-gaap:FoodAndBeverageMember 2021-12-27 2022-12-25 0001546417 blmn:FranchiseandOtherRevenueMember 2024-01-01 2024-12-29 0001546417 blmn:FranchiseandOtherRevenueMember 2022-12-26 2023-12-31 0001546417 blmn:FranchiseandOtherRevenueMember 2021-12-27 2022-12-25 0001546417 2022-12-26 2023-12-31 0001546417 2021-12-27 2022-12-25 0001546417 us-gaap:CommonStockMember 2021-12-26 0001546417 us-gaap:AdditionalPaidInCapitalMember 2021-12-26 0001546417 us-gaap:RetainedEarningsMember 2021-12-26 0001546417 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-12-26 0001546417 us-gaap:NoncontrollingInterestMember 2021-12-26 0001546417 2021-12-26 0001546417 us-gaap:RetainedEarningsMember 2021-12-27 2022-12-25 0001546417 us-gaap:NoncontrollingInterestMember 2021-12-27 2022-12-25 0001546417 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-12-27 2022-12-25 0001546417 us-gaap:AdditionalPaidInCapitalMember 2021-12-27 2022-12-25 0001546417 us-gaap:CommonStockMember 2021-12-27 2022-12-25 0001546417 us-gaap:CommonStockMember 2022-12-25 0001546417 us-gaap:AdditionalPaidInCapitalMember 2022-12-25 0001546417 us-gaap