Bloomin’ Brands: Q4 Earnings Snapshot

February 25, 2026 | 6:56 AM

TAMPA, Fla. (AP) — TAMPA, Fla. (AP) — Bloomin’ Brands Inc. (BLMN) on Wednesday reported a loss of $13.5 million in its fourth quarter.

The Tampa, Florida-based company said it had a loss of 16 cents per share. Earnings, adjusted for non-recurring costs and to account for discontinued operations, were 26 cents per share.

The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 25 cents per share.

The owner of Outback Steakhouse and other casual dining spots posted revenue of $975.2 million in the period, missing Street forecasts. Five analysts surveyed by Zacks expected $981.5 million.

For the year, the company reported net income of $8.2 million, or 10 cents per share, swinging to a profit in the period. Revenue was reported as $3.96 billion.

For the current quarter ending in March, Bloomin’ Brands expects its per-share earnings to range from 57 cents to 62 cents.

The company expects full-year earnings in the range of 75 cents to 90 cents per share.

Bloomin’ Brands shares have dropped roughly 5% since the beginning of the year. The stock has decreased 50% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BLMN at https://www.zacks.com/ap/BLMN

Man fatally shot by ICE in Maine was not intended target of warrant, lawmakers say

July 14, 2026 | 2:53 AM

▶ Watch Video: Man shot and killed by ICE agent in Maine was not the subject of a warrant, lawmakers say An Immigration and Customs Enforcement agent in Maine fatally shot a man in his car on Monday, the Department of Homeland Security said, marking the second time in a week that ICE officers have used deadly force in the U.S. DHS alleged the man, who was in the country illegally, had "attempted to flee the scene" when ICE tried to stop him at around 7 a.m. ET in Biddeford, Maine, and "fearing for public safety, an officer discharged his weapon." He later died from his injuries. DHS said ICE agents encountered the man while "conducting targeted surveillance on the last known address of an illegal alien with a final order of removal."DHS did not name the man, but a source with knowledge of the investigation told CBS News his name is Joan Sebastian Guerrero.Independent Sen. Angus King of Maine said on CNN that "the person that was killed was not the person that they were seeking," citing a conversation he had with Secretary of Homeland Security Markwayne Mullin. The senator said Mullin initially told him the man was the intended target of a warrant, but about three hours later, Mullin called him back with updated information that the man actually wasn't the target. In a news conference earlier Monday, King said the deceased man had been given an order to leave the country. Democratic Rep. Chellie Pingree of Maine said in an interview with CBS News that she had "heard on good authority, though it's not been confirmed by [DHS], that they perhaps shot the wrong person, that it was not the person they were going after." She called the shooting "very disturbing" and said she is pressing DHS for more information.An immigrant rights group said the man killed in the shooting was Colombian.The Colombian Embassy issued a statement saying it "regrets the death of a Colombian national in Biddeford, Maine and is providing the necessary consular assistance to his family."The embassy said it has "requested information and clarification from the Department of Homeland Security regarding the circumstances surrounding this lamentable death and will continue to follow the case closely as the investigation progresses."During Monday's news conference, King said Mullin told him the man had "weaponized" his vehicle. In its statement later Monday, DHS instead said the officer shot at the man out of concern for "public safety."King told CNN "we haven't seen evidence" yet suggesting that the officer feared for their safety or the safety of others, and called for an "unvarnished, transparent investigation."The agents involved in the shooting weren't wearing body cameras, King told reporters. Sen. Susan Collins, a Maine Republican, said on social media she was told that the Department of Homeland Security's inspector general will take the lead on investigating the shooting, with help from the FBI. The state attorney general's office, which is also investigating the shooting, said in a statement that the man "attempted to flee in a vehicle in the direction of" an officer with ICE's Enforcement and Removal Operations directorate, according to initial statements collected by investigators. The officer who opened fire will be placed on leave, according to the attorney general's office. Videos show car circling, man pulled from vehicleThe Maine Immigrants' Rights Coalition identified the person who was shot as a 26-year-old Colombian man who was authorized to work in the U.S. and had been issued a Social Security number.A neighbor, Nelson Elias, told reporters that the man was married with a young daughter who's about 2 or 3 years old.A video of the incident, taken from a nearby security camera and obtained exclusively by CBS News, appeared to show the vehicle slowly driving in a circle a few times before coming to a stop. At least two people then approached the car and appeared to pull a person from the driver's seat out onto the ground.Cory Poulin, who owns a pawn shop and laundromat across the street, said he believes the vehicle was rolling because the driver had already been shot. He said he considers it a community tragedy."If someone's a different race and wants to do laundry, I don't want them to be worried that they're going to — that they have to worry about ICE coming in and doing what they do," Poulin said.A photo from the Portland Press Herald shows a car behind police tape with four bullet holes in the windshield on the driver's side.A Kia sedan with four bullet holes in the windshield is seen at the scene of a shooting in Biddeford, Maine, July 13, 2026. Gregory Rec/Portland Press Herald via Getty Images

Read Next Story