BLMN News and Press, Bloomin' Brands Inc. From 04/29/20

Investment Thesis While the full-service sector reliant on dining-in shut the outlets as consumers stay indoors in the pandemic, the QSR operators remain resilient thanks to their large off-premise infrastructure. As social distancing measures continue and pantry loading wanes, kitchen-...

Shares of  Wendy's  (NASDAQ: WEN) ,  Shake Shack  (NYSE: SHAK) , and  Bloomin' Brands  (NASDAQ: BLMN) were climbing today along with the broad market as investors were encouraged by news of a drug trial that showed positive results in helping patents recover fro...

Shares of BJ's Restaurants (NASDAQ: BJRI) , Bloomin' Brands (NASDAQ: BLMN) , and Brinker International (NYSE: EAT) , well-known restaurant companies, all jumped over 10% Monday after the hard-hit industry sensed that some states are pushing to dial back social-distancing measures. The ...

Source Thesis Putting a company's performance into perspective requires comparing it to its own historical record and to its competitors' historical record. In my last article , I presented how Ruth's Hospitality Group, Inc. (RUTH) has operated excellently and consistently for the past ...

Investment Thesis As lockdown measures hurt the dine-in-dependent full-service sector, the QSR and fast-casual operators have survived fairly well due to a stronger off-premise business. However, the valuation multiples hardly reflect the contrasting outlook across the sector with full ser...

Outback Steakhouse and Carrabba's Italian Grill parent Bloomin' Brands (NASDAQ: BLMN) is seeing a small positive trend amid the novel coronavirus crisis. In an interview with Tampa Business Journal , the Tampa-based restaurant chain's CEO noted that the company was focusing on takeout and d...

On average, the market returns 10% per year. But since March 23, the S&P 500 index has rallied nearly 30%, condensing three years of typical gains into a mere few weeks. This rally comes after the fastest stock market plunge ever. Put simply, the COVID-19 pandemic has created historic v...

Shares of restaurant stocks were flying higher on optimism for an upcoming reopening of the U.S. economy. The news came as President Trump encouraged states to start reopening and as some, like Ohio and Wisconsin, outlined plans for businesses to come back to life in the coming weeks. At the sam...

The parent company of Outback Steakhouse and Carrabba's Italian Grill, Bloomin' Brands (NASDAQ: BLMN) , provided a preliminary report yesterday detailing the sales of the past seven weeks, plus its current cash situation. The numbers are estimated, unaudited, and subject to change. However, t...

There's a strong rally in consumer-facing stocks off hopes for a return to normal life in the U.S. Broad guidelines from the White House are a start, but local officials and consumers themselves will have the final say on what retail traffic will look like in the months ahead. More news on...