Bloomin’ Brands, Inc. (BLMN) Q2 2023 Earnings Call Transcript

Bloomin’ Brands, Inc. (NASDAQ:BLMN) Q2 2023 Earnings Call Transcript August 1, 2023 8:15 AM ET

Company Participants

Tara Kurian – VP, Corporate Finance

David Deno – Chief Executive Officer

Chris Meyer – Executive Vice President and Chief Financial Officer

Conference Call Participants

Jeffrey Bernstein – Barclays

Alex Slagle – Jefferies

John Ivankoe – JPMorgan

Sharon Zackfia – William Blair

Jeff Farmer – Gordon Haskett

Sara Senatore – Bank of America

Brian Harbour – Morgan Stanley

Brian Vaccaro – Raymond James

Dennis Geiger – UBS

Andrew Strelzik – BMO


Greetings, and welcome to the Bloomin’ Brands Fiscal Second Quarter 2023 Earnings Conference Call [Operator Instructions].

It is now my pleasure to introduce your host, Tara Kurian, Vice President, Corporate Finance and Investor Relations. Thank you, Mrs. Kurian, you may begin.

Tara Kurian

Thank you, and good morning, everyone. With me on today’s call are David Deno, our Chief Executive Officer; and Chris Meyer, Executive Vice President and Chief Financial Officer. By now, you should have access to our fiscal second quarter 2023 earnings release. It can also be found on our website at in the Investors section. Through this conference call, we will be presenting results on an adjusted basis.

An explanation of our use of non-GAAP financial measures and reconciliations to the most directly comparable GAAP measures appear in our earnings release and on our website as previously described. Before we begin formal remarks, I’d like to remind everyone that part of our discussion today will include forward-looking statements, including a discussion of recent trends.

These statements are subject to numerous risks and uncertainties that could cause actual results to differ in a material way from our forward-looking statements. Some of these risks are mentioned in our earnings release, others are discussed in our SEC filings which are available

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