Bloomin' Brands, Inc.

Bloomin' Brands, Inc. is one of the largest casual dining restaurant companies globally, operating a portfolio of distinct restaurant concepts. Its restaurant portfolio includes Outback Steakhouse, Carrabba's Italian Grill, Bonefish Grill, and Fleming's Prime Steakhouse & Wine Bar. These concepts vary in price and formality, ranging from casual (Outback Steakhouse and Carrabba's Italian Grill) to polished casual (Bonefish Grill) and fine dining (Fleming's Prime Steakhouse & Wine Bar). OSI Restaurant Partners, LLC, a wholly-owned subsidiary, serves as the primary operating entity. As of December 28, 2025, Bloomin' Brands owned and operated 967 restaurants and franchised 493 restaurants across 46 states, Guam, and 12 countries. On December 30, 2024, the company completed the sale of the majority ownership of its Brazil operations, and all restaurants in that market are now operated as unconsolidated franchisees. The company's business is managed and reported through two reportable segments: U.S. and International Franchise. The U.S. segment includes all restaurants operating in the United States, encompassing Outback Steakhouse, Carrabba's Italian Grill, Bonefish Grill, and Fleming's Prime Steakhouse & Wine Bar, including franchise locations. The International Franchise segment includes franchised Outback Steakhouse and Carrabba's Italian Grill (Abbraccio) restaurants across 12 franchise markets. Other operating segments, such as operations in Hong Kong and the equity method investment in Brazil, do not meet the quantitative thresholds for separate reporting.