Bloomin' Brands 1Q profit falls 15%

Bloomin' Brands 1Q profit falls 15%

Weather dampened sales, traffic at core concepts

Bloomin’ Brands Inc.’s profit slipped 15 percent in the March 30-ended first quarter compared with the prior-year period.

The Tampa, Fla.-based casual-dining company said same-store sales at its core domestic concepts were flat, and traffic declined 1.7 percent because of unfavorable winter weather and a shift in holiday timing.

Bloomin’ has 1,500 restaurants in 48 states, as well as two U.S. territories and 21 other nations. Core concepts i

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