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Bloomin' Brands, Inc. (NASDAQ:NASDAQ:BLMN) Q1 2022 Earnings Conference Call April 29, 2022 08:15 AM ET Company Participants Mark Graff - Senior Vice President of Investor Relations David...
BLMN earnings call for the period ending December 31, 2021.
Diners may notice a higher number on the receipt next time they're out to eat. Restaurants are up against a storm of obstacles from soaring food prices to shipping delays. It's forcing some restaurants, still recovering from the pandemic, to make the difficult choice to raise menu prices.
Local landmark now requiring guests be vaccinated, plus exciting restaurant openings in downtown Sarasota and on Anna Maria Island.
Aussie Grill is essentially a fast-casual, drive-thru version of Outback. The Outback brand, synonymous with steaks, cocktails and bloomin' onions, is more of a dine-in type place. So Aussie Grill seems to be Bloomin' Brands' answer to the growing convenience-based dining market, which was exacerbated by the COVID-19 pandemic. The first Aussie Grill locations opened just two years ago in Saudi Arabia, Hong Kong and in the U.S., where it now has restaurants in California, Utah, Colorado, Nevada and Florida. On the menu, diners will find fast-casual menu staples like chicken sandwiches an...