Bloomin' brands reports q4 adjusted earnings per share $0.32
Bloomin’ brands announces 2019 q4 diluted eps and adjusted diluted eps of $0.32.q4 adjusted earnings per share $0.32.q4 earnings per share estimate $0.35 -- refinitiv ibes data.2020 guidance includes adjusted eps growth of 20% to 23%.updates progress on strategic alternatives review and doubles annual dividend from $0.40 to $0.80.q4 comparable restaurant sales growth of 2.7% at outback steakhouse and 1.9% combined u.s..impact of plan is anticipated cost savings representing $40 million over next two years.bloomin' brands- anticipated cost savings representing $40 million over the next two years.provides 2020 financial outlook including gaap eps of $1.63 to $1.68 and adjusted eps of $1.85 to $1.90.sees fy combined u.s. comparable restaurant sales of 1.0% to 1.5%.sees fy capital expenditures $175 million - $190 million.built a plan that includes simplified corporate support functions.q4 total revenues $1.02 billion, up 0.9%.q4 revenue view $1.03 billion -- refinitiv ibes data.fy2020 earnings per share view $1.72 -- refinitiv ibes data.bloomin' brands- q4 comparable restaurant sales increased 2.7% at u.s. outback steakhouse.bloomin' brands- q4 comparable restaurant sales increased 4.9% for outback steakhouse in brazil.
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