BLMN News and Press, Bloomin' Brands Inc. From 10/21/20

Backed by innovation-led off-premise business, Bloomin' is recovering from a pandemic-driven downturn as indoor dining reopens. Despite a sales rebound expected next year, the value-focus strategy to sustain growth and rigorous hygiene requirements to counter the contagion could hurt ...

Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Check out Saturday morning's regular Stocks to Watch article for a full list of events planned for the week or the Seeking Alpha earnings calendar for companies due to report. Mond...

Bloomin’ Brands, Inc. (Nasdaq: BLMN) will release results for the fiscal third quarter ended September 27, 2020, on Friday, October 23, 2020, at approximately 7:00 AM EDT, which will be followed by a conference call to review its financial results at 8:30 AM EDT the same day. ...

The restaurant sector trades weak with 40 out of 50 stocks in negative territory on a flat day for the market overall. Some broadly negative news on COVID-19 trends, including higher hospitalizations due to the virus across the Midwest, could be impacting sentiment. There is also the uncertai...

The restaurant sector is down sharply with chains relying on dine-in traffic leading the way. The negative vibe from investors is centered on concerns over COVID-19 flareups pushing back the return to normalcy timeline. Big Pharma CEOs have also been vocal recently about the length of time an...

About 60% of businesses that have closed their doors during the coronavirus pandemic will never reopen, and restaurants have suffered the most, according to new data from Yelp . More news on: McDonald's Corporation, Restaurant Brands International Inc., Yum! Brands, Inc., Consumer stocks ...

The COVID-19 pandemic negatively affected the restaurant industry more than many other sectors, and for obvious reason. People haven't been allowed in dining rooms for much of 2020, meaning most restaurant sales have come from to-go orders and delivery. That's fine for businesses like Domino's ...

Some analysts think Bloomin' Brands (NASDAQ: BLMN) is undervalued, and they're letting the world know. That's what's sending shares of the company higher today. Investors are always looking for bargains, and perhaps even more so right now with the market at all-time highs. Bloomin' Bra...

Bloomin' Brands   (NASDAQ: BLMN) , parent company of restaurant brands Outback Steakhouse and Carrabba's Italian Grill, among others, won two major analyst upgrades today and is up approximately 10% in morning trading. The bigger of the two upgrades, from Deutsche Bank, hikes the financial...

Deutsche Bank turns positive on Bloomin’ Brands (NASDAQ: BLMN )  on a constructive view of the stock for the next 12 to 18 months. More news on: Bloomin' Brands, Inc., Consumer stocks news, Stocks on the move, Read more ...