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Bloomin' Brands, Inc. BLMN U.S. — Restaurant closure charges (benefits)
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Where this comes from
Reported directly by Bloomin' Brands, Inc. in its filing.
Tagged under the XBRL concept us-gaap:BusinessExitCosts1.
The source filing: Bloomin' Brands, Inc.’s 10-Q, filed August 6, 2026.
- Filed
- Aug 6, 2026, 4:06 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001546417-26-000032
| (dollars in thousands) | THIRTEEN WEEKS ENDED / JUNE 28, 2026 | THIRTEEN WEEKS ENDED / JUNE 29, 2025 | TWENTY-SIX WEEKS ENDED / JUNE 28, 2026 | TWENTY-SIX WEEKS ENDED / JUNE 29, 2025 |
|---|---|---|---|---|
| Impairment losses | ||||
| Total U.S. impairment losses | $2,582 | $5,680 | $6,162 | $6,266 |
| Restaurant closure charges (benefits) | ||||
| U.S. | $1,405 | $(3,726) | $3,296 | $(3,670) |
| Other | (15) | (414) | 46 | (706) |
| Total restaurant closure charges (benefits) | 1,390 | (4,140) | 3,342 | (4,376) |
| Provision for impaired assets and restaurant closings | $3,972 | $1,540 | $9,504 | $1,890 |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Bloomin' Brands, Inc.'s U.S. — restaurant closure charges (benefits)?
- Bloomin' Brands, Inc. (BLMN) reported U.S. — restaurant closure charges (benefits) of $1.41M in Q2 2026.
- What does U.S. — restaurant closure charges (benefits) mean?
- This metric represents the net financial impact of closing, relocating, or disposing of restaurant locations within the U.S. segment. It captures non-recurring expenses such as lease terminations, asset write-offs, and severance costs, offset by any gains from property sales or lease settlements. Investors use this figure to assess the efficiency of the company's portfolio optimization strategy and the impact of restructuring activities on operating margins.
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