BLMN News and Press, Bloomin' Brands Inc. From 01/06/22

Bloomin’ Brands, Inc. (Nasdaq:BLMN) today announced the promotion of Michael Healy to President of Bonefish Grill. The 12-year-veteran of the company will be responsible for long-term sustainable growth for more than 180 restaurants across the United States. Bonefish Grill receiv...

Restaurant sales could be seeing an impact from the jump in omicron COVID cases in some parts of the U.S. The Evercore ISI Restaurants Sales Survey slowed for a third consecutive week as mixed sales and traffic were reported. The firm notes that quick-service restaurants held steady, while ca...

Durables and apparel are undervalued relative to 11-year averages. Consumer services have been improving, but value and quality scores stay far below the baseline. XLY fast facts. 10 stocks cheaper than their peers in December. For further details see: XLY: Consumer ...

Consumer inflation came in at the highest level since 1982 in November and price pressures won't be easy to escape, Jefferies says. "The labor market has only gotten tighter since our October report, and inflationary pressures appear to be compounding, not transiting," Jefferies' equity resea...

Raymond James looks at stocks that may have been unfairly punished by investors looking to realize capital losses. "We have sorted Raymond James coverage universe, and included stocks that have underperformed the S&P 500 (SP500) (NYSEARCA:SPY) by 10% or more in the past two months, and ar...

STKS is a winner of the reopening of the economy. The stock is up 301% from December 2020. STKS is fairly valued in my opinion. I believe other opportunities exist in this sector that can provide a better margin of safety. Although management was able to mitigate this risk so far,...

Dine-in restaurants stocks are being sold off on concerns over the new COVID-19 variant that has been reported out of South Africa. The selling pressure is well in front of any indication that dining restrictions in the U.S. will be widespread. Notable decliners include Dave & Buster's En...

Dine-in restaurant names are a little skittish in early trading after rising case and hospitalization counts in some sections of the U.S. capture attention. Unvaccinated patients account for between 75% to 90% of the new hospitalizations depending upon the state. Restaurant traffic in general...

Bloomin' Brands, Inc. sales and earnings better than 2019. Bloomin is free cash flow positive and growing earnings. Bloomin is in oversold territory, 2022 re-opening trade. Short interest at 19%, set up for possible short squeeze. Inflation worries overblown, management ra...

Bloomin’ Brands, Inc. (Nasdaq:BLMN) today announced the appointment of Astrid Isaacs to Chief Technology Officer for Bloomin’ Brands. She will lead the company’s technology strategy and platforms, while overseeing the IT, Digital and Loyalty teams. Isaacs will also ...