Beef Inflation Could Continue to Pressure Margins for Bloomin' Brands -- Market Talk

Dow Jones

02/25

1046 ET - Higher beef prices could pose a problem for Bloomin' Brands, which is focusing its turnaround efforts on its Outback Steakhouse banner. The company, which also owns Carrabba's Italian Grill, expects commodity inflation to be between 4.5% and 5.5% this year, largely driven by high-single-digit beef inflation. "Our supply chain team has worked diligently to keep inflation in both beef and other categories in check," CFO Eric Christel says on a call with analysts. He notes that the company has a "unique supply relationship" that has allowed it to lock in about 75% of its costs for the year, helping to potentially steel the company to higher beef prices. Still, commodity costs pressured the company's margins in 2025, and that trend could continue this year. Shares rise 0.6%. (connor.hart@wsj.com)

(END) Dow Jones Newswires

February 25, 2026 10:46 ET (15:46 GMT)

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The company, which also owns Carrabba's Italian Grill, expects commodity inflation to be between 4.5% and 5.5% this year, largely driven by high-single-digit beef inflation. \"Our supply chain team has worked diligently to keep inflation in both beef and other categories in check,\" CFO Eric Christel says on a call with analysts. He notes that the company has a \"unique supply relationship\" that has allowed it to lock in about 75% of its costs for the year, helping to potentially steel the company to higher beef prices. Still, commodity costs pressured the company's margins in 2025, and that trend could continue this year. Shares rise 0.6%. 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