BLMN News and Press, Bloomin' Brands Inc. From 05/05/20

Shares of many restaurant stocks rose dramatically in April. According to data from S&P Global Market Intelligence , Applebee's and IHOP parent Dine Brands (NYSE: DIN) gained 54.8% and brewhouse chain BJ's Restaurants (NASDAQ: BJRI) posted a 57.4% return. Outback Steakhouse and Carr...

Shares of Bloomin' Brands (NASDAQ: BLMN) have fallen today, down by 7% as of 12:30 p.m. EDT, after the company reported preliminary first-quarter results. The restaurant chain operator also announced a proposed private offering of convertible notes. Preliminary comparable-restaura...

Hertz Global Holdings (NYSE: HTZ )  -16%  after it enters into forbearances and limited waivers . More news on: Hertz Global Holdings, Inc., Centennial Resource Development, Inc., Compass Diversified Holdings LLC, Stocks on the move, , Read more ...

Bloomin' Brands (NASDAQ: BLMN ) pulls the Band-aid off with a early look at Q1 results. More news on: Bloomin' Brands, Inc., Consumer stocks news, Earnings news and commentary, Stocks on the move, Read more ...

Bloomin' Brands (NASDAQ: BLMN ): Q1 Non-GAAP EPS of $0.14 misses by $0.05 ; GAAP EPS of -$0.44 misses by $0.63 . More news on: Bloomin' Brands, Inc., Consumer stocks news, Read more ...

Bloomin’ Brands, Inc. (Nasdaq: BLMN) today announced its intention to offer, subject to market and other conditions, $200 million aggregate principal amount of convertible senior notes due 2025 (the “notes”) in a private offering only to qualified institutional buyers pur...

As more restaurants update their business operations and report earnings, it is increasingly clear that had they not previously established takeout and delivery operations before the onslaught of the COVID-19 pandemic, many chains might not have survived.  What was a useful supplemental se...

Sellers are driving stocks on May 1 as the earnings numbers start to roll in. At this writing, the SPDR  S&P ETF Trust  (NYSEMKT: SPY) is down 2.9%, with restaurant stocks, particularly casual sit-down chains, taking a heavy beating.  As of 12:42 p.m. EDT on Friday, the f...

Shares of Bloomin' Brands (NASDAQ: BLMN) , Cheesecake Factory (NASDAQ: CAKE) , and Darden Restaurants (NYSE: DRI) all underperformed the broad market on Thursday. Although there was no company-specific news to cause the stocks to fall, macroeconomic news, such as unemployment claims a...

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-...