BLMN News and Press, Bloomin' Brands Inc. From 06/24/20

Restaurant stocks are falling again on more investor concerns over COVID-19. In a nutshell, while an increase in positive cases amid more testing and reopenings was anticipated, a higher number of hospitalizations is becoming a higher priority concern to administrators in Texas, Florida, Nor...

Restaurant and food supplier stocks are starting off the day on a down note. More news on: Bloomin' Brands, Inc., Dine Brands Global, Inc., Ruth's Hospitality Group, Inc., Consumer stocks news, Stocks on the move, Read more ...

The restaurant sector is in recovery mode as the sizable daily swings continue as investors try to gauge macroeconomic and second wave risk in the sector More news on: Potbelly Corporation, Arcos Dorados Holdings Inc., Bloomin' Brands, Inc., Consumer stocks news, Stocks on the move, Re...

Bloomin' Brands ' (NASDAQ: BLMN) business is beginning to return as diners head back to its Outback Steakhouse and Carrabba's Italian Grill chains. But its upscale Bonefish Grill and Fleming's Steakhouse brands continue to struggle as consumers seemingly prefer the dine-in experience to tak...

47 out of the 52 publicly-traded restaurants stocks are in negative territory today after Starbucks ( SBUX -4.5% ) highlighted its $3.2B coronavirus hit to sales this quarter and with general wariness over a second wave of COVID-19 as hospitalizations in some key U.S. states increase. Mo...

Shares of many restaurant-chain operators fell hard on Tuesday. Olive Garden parent company Darden Restaurants (NYSE: DRI) fell as much as 6.1%, Outback Steakhouse owner Bloomin' Brands (NASDAQ: BLMN) dropped as low as 11.6%, fast-casual burger chain Red Robin Gourmet Burgers (NASDAQ:...

The restaurant sector has not been kind to investors in 2020. The COVID-19 pandemic forced eateries to close their doors to sit-down diners, focusing exclusively on takeout and delivery options, instead. The S&P 500 Restaurants index fell 35% from the new year to March 18 before staging an...

The COVID-19 health crisis has been brutal for Bloomin' Brands (NASDAQ: BLMN) . The parent company of restaurant chains Outback Steakhouse, Carrabba's Italian Grill, Bonefish Grill, and Fleming's Prime Steakhouse is trading 50% below its yearly highs. And that's after rising 170% in a soaring...

Starbucks (NASDAQ: SBUX) and Bloomin' Brands (NASDAQ: BLMN) navigated the height of the coronavirus crisis in a similar way: relying on takeout. Now, as both companies have begun opening their doors to customers, we'll all be watching the recovery process. Image source: Starbucks. Star...

It's Wednesday, and restaurant stocks are in free fall. As of 12:40 p.m. EDT, shares of The Cheesecake Factory (NASDAQ: CAKE) are down 8.1%, BJ's Restaurants (NASDAQ: BJRI) has fallen 9.2%, and Bloomin' Brands (NASDAQ: BLMN) is positively wilting -- down 10.2%. Why? There are a coup...