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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Bloomin Brands Inc | NASDAQ:BLMN | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.52 | 2.07% | 25.61 | 16.46 | 26.08 | 25.89 | 25.22 | 25.50 | 1,434,760 | 05:00:09 |
Delaware | 001-35625 | 20-8023465 |
(State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) |
o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 7.01 | Regulation FD Disclosure. |
• | Comparable sales for Company-owned core domestic concepts are expected to be in the range of -1.0% to 1.0% in the first quarter, driven primarily by unfavorable weather. |
• | The annual managing partner’s conference, the cost of which is approximately $3.0 million, will be held in the second quarter of 2014. In 2013, the conference was held in the first quarter. |
• | Other restaurant operating expenses, including marketing expenditures and the timing of printing and production of gift cards, as well as menu and uniform costs associated with initiatives such as the Carrabba’s Italian Grill menu rollout in early March, are expected to be higher in the first quarter of 2014 as compared to 2013. |
• | The first quarter 2014 effective income tax rate is expected to be in the range of 27.0% to 29.0%. The effective income tax rate in the first quarter of 2013 was 14.1%. |
Exhibit Number | Description | ||
99.1 | Press release issued by the Company on March 4, 2014. |
BLOOMIN’ BRANDS, INC. | |||
(Registrant) | |||
Date: March 4, 2014 | By: | /s/ David J. Deno | |
David J. Deno | |||
Executive Vice President and Chief Financial and Administrative Officer | |||
1 Year Bloomin Brands Chart |
1 Month Bloomin Brands Chart |
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