TAMPA, Fla., Nov. 21, 2017 /PRNewswire/ -- Bloomin'
Brands, Inc. (Nasdaq: BLMN) confirmed that JANA
Partners LLC has filed a
Schedule 13D with the Securities and Exchange Commission. The
Board of Directors and management appreciate the views of its stockholders and will
consider the perspectives reflected in the Schedule 13D. The
Company has and will continue to serve the interests of all
stockholders.
About Bloomin' Brands, Inc.
Bloomin' Brands, Inc. is
one of the largest casual dining restaurant companies in the world
with a portfolio of leading, differentiated restaurant concepts.
The Company has four founder-inspired brands: Outback Steakhouse,
Carrabba's Italian Grill, Bonefish Grill and Fleming's
Prime Steakhouse & Wine Bar. The Company operates approximately
1,500 restaurants in 48 states, Puerto
Rico, Guam and 19 countries, some of which are franchise
locations. For more information, please
visit www.bloominbrands.com.
Forward-Looking Statements
Certain statements
contained herein are not based on historical fact and are
"forward-looking statements" within the meaning of applicable
securities laws. Generally, these statements can be identified by
the use of words such as "guidance," "believes," "estimates,"
"anticipates," "expects," "on track," "feels," "forecasts,"
"seeks," "projects," "intends," "plans," "may," "will," "should,"
"could," "would" and similar expressions intended to identify
forward-looking statements, although not all forward-looking
statements contain these identifying words. These forward-looking
statements include all matters that are not historical facts. By
their nature, forward-looking statements involve risks and
uncertainties that could cause actual results to differ materially
from the Company's forward-looking statements. These risks and
uncertainties include, but are not limited to: consumer reaction to
public health and food safety issues; competition; increases in
labor costs; government actions and policies; increases in
unemployment rates and taxes; local, regional, national and
international economic conditions; consumer confidence and spending
patterns; price and availability of commodities; challenges
associated with our expansion, remodeling and relocation plans;
interruption or breach of our systems or loss of consumer or
employee information; political, social and legal conditions in
international markets and their effects on foreign operations and
foreign currency exchange rates; our ability to preserve the value
of and grow our brands; the seasonality of the Company's business;
weather, acts of God and other disasters; changes in patterns of
consumer traffic, consumer tastes and dietary habits; the
effectiveness of our strategic actions; the cost and availability
of credit; interest rate changes; compliance with debt covenants
and the Company's ability to make debt payments and planned
investments; and our ability to continue to pay dividends and
repurchase shares of our common stock. Further information on
potential factors that could affect the financial results of the
Company and its forward-looking statements is included in its most
recent Form 10-K and subsequent filings with the Securities and
Exchange Commission. The Company assumes no obligation to update
any forward-looking statement, except as may be required by law.
These forward-looking statements speak only as of the date of this
release. All forward-looking statements are qualified in their
entirety by this cautionary statement.
Contact
Cathie
Koch
Vice President, Corporate Communications
(813) 830-5127
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SOURCE Bloomin' Brands, Inc.