The market expects Bloomin' Brands (BLMN) to deliver a year-over-year decline in earnings on higher revenues when it reports ...
Bloomin's second-quarter revenues rose 0.3% year over year, landing at $1 billion. Adjusted earnings dropped from $0.51 to $0.33 per diluted share. The trends pointed downward, but analysts still ...
Shareholders of Bloomin' Brands would probably like to forget the past six months even happened. The stock dropped 35.5% and now trades at $6.16. This may have investors wondering how to approach the ...
Outback Steakhouse is closing locations and launching a major reset. Find out why it's happening, how many stores are affected, and what changes are coming.
Bloomin' Brands is fundamentally different from smaller, growing restaurant stocks. It is a larger company in decline. Comparable sales growth and foot traffic across the whole portfolio have come in ...
The company trades at 4.5x EV/EBITDA, even after the sale of its Brazilian operation for 6.5x EV/EBITDA. Compared to peers, Bloomin' Brands trades at a significantly depressed 7x price-to-earnings ...
Shares of Bloomin’ Brands Inc. (NASDAQ:BLMN) climbed in early Monday trading despite the company reporting a decline in first-quarter sales on Friday. CEO Mike Spanos is identifying various ...
_____(1) Relocated restaurants closed more than 60 days are excluded from comparable restaurant sales until at least 18 months after reopening. (2) Includes the impact of menu pricing changes, product ...
The iconic Bloomin’ Onion is wilting away across the U.S. as several additional Outback Steakhouses announced they were shutting down. Bloomin’ Brands, which also owns Carrabba’s Italian Grill, ...
Several Outback Steakhouse restaurants across the United States have served their last Bloomin' Onions. Parent company Bloomin' Brands has closed a handful of locations across the United States, ...
TAMPA, Fla.--(BUSINESS WIRE)--Bloomin’ Brands, Inc. (Nasdaq: BLMN) announced the appointment of Rafael Sanchez as Senior Vice President & Chief Information Officer. Sanchez joins the company from ...
Bloomin’ Brands stock fell more than 28% after releasing decent quarterly results and bland next-quarter guidance. The company is trying a new strategy, most likely inspired by rival Brinker ...