BLMN News and Press, Bloomin' Brands Inc. From 07/11/23

Bloomin’ Brands, Inc. (Nasdaq: BLMN) will release results for the fiscal second quarter ended June 25, 2023, on Tuesday, August 1, 2023, at approximately 7:00 AM EDT, which will be followed by a conference call to review its financial results at 8:15 AM EDT the same day. The call will ...

2023-06-20 06:24:36 ET Summary The consumer discretionary sector is slightly overvalued relative to 11-year averages. Auto and components are massively overvalued. Other subsectors are close to their historical baseline in value and quality. VCR: an alternative to XLY. ...

2023-06-15 11:46:31 ET Cava Group ( NYSE: CAVA ) opened for trading on Thursday at $42 per share. The Mediterranean fast-casual restaurant had priced its IPO at $22 per share on Wednesday, which was a boost from the initial $17 to $19 range. Cava ( CAVA ) plans to use procee...

2023-05-30 09:42:07 ET Summary The consumer sector is experiencing an interesting trend, with QSR companies performing exceptionally well while other consumer stocks face demand slowdown. In this article, I take a deep dive into this trend and examine the reason for QSR's outperfo...

Bloomin' Brands, Inc. (NASDAQ: BLMN) has caught the attention of the investment community today with its bullish price action. The company's shares are currently up 5.22% on the day to $24.8. Bloomin' Brands, Inc., through its subsidiaries, owns and operates casual, upscale casual, and fine di...

2023-05-14 07:55:09 ET Summary BLMN reported better-than-expected adjusted EPS of $0.98 and witnessed a significant increase in US comparable sales, driven by growth at Outback and Carrabba's. BLMN is investing in operational enhancements, which aim to improve productivity, stream...

2023-05-04 06:30:00 ET Darden Restaurants ( DRI ) shook up the restaurant sector on Wednesday by announcing its first M&A action in six years with the acquisition of Ruth's Hospitality Group ( NASDAQ: RUTH ) for $21.50 per share in cash. Cowen analyst Andrew Charles...

2023-04-28 13:06:04 ET Bloomin' Brands, Inc. (BLMN) Q1 2023 Results Conference Call April 28, 2023 08:15 AM ET Company Participants Tammy Dean - Senior Director of Corporate Finance and Investor Relations David Deno - Chief Executive Officer Chris Meyer - Executi...

2023-04-28 07:17:46 ET Bloomin’ Brands ( NASDAQ: BLMN ) shares rose sharply prior to the opening bell on Friday after topping Q1 expectations on top and bottom lines. The parent of Outback Steakhouse notched $0.98 in earnings per share on $1.24B in revenue, above ...

2023-04-28 07:06:09 ET Bloomin' Brands ( NASDAQ: BLMN ) declares $0.24/share quarterly dividend , in line with previous. Forward yield 4.07% Payable May 24; for shareholders of record May 10; ex-div May 9. See BLMN Dividend Scorecard, Yield Chart, & Divid...