BLMN News and Press, Bloomin' Brands Inc. From 05/20/22

Durables and apparel are cheap relative to 11-year averages. Auto and components are the most overvalued subsector. VCR: an alternative to XLY. 10 stocks cheaper than their peers in May. For further details see: VCR: Consumer Discretionary Dashboard For May

Per Bank of America, restaurant spending is proving resilient to inflationary pressures thus far. A new research report based upon credit and debit card data from the bank reflects a sharp improvement in the month of April on a three-year basis. While restaurant spending fell slightly year ov...

In addition to rampant inflation in the price of grain and other foodstuffs, the markets are seeing a major supply shortfall of cooking oils, including sunflower and palm oils, that is causing their prices to surge as well. Looking ahead to Q2 2022, 15 retailers issued negative preann...

The company posted excellent results and is well on track to achieve its growth targets. The company registered a 15.4% YoY increase in revenue and a ~16% YoY increase in EPS on the back of strong demand, lower leverage, and unit growth. Based on my DCF model, BLMN is undervalued ...

Bloomin' Brands, Inc. (BLMN) Q1 2022 Earnings Conference Call April 29, 2022 08:15 AM ET Company Participants Mark Graff - Senior Vice President of Investor Relations David Deno - Chief Executive Officer Chris Meyer - Executive Vice President & Chief Financial Officer Conference Call Part...

Image source: The Motley Fool. Bloomin Brands (NASDAQ: BLMN) Q1 2022 Earnings Call Apr 29, 2022 , 8:15 a.m. ET Operator Continue reading For further details see: Bloomin Brands (BLMN) Q1 2022 Earnings Call Transcript

Bloomin' Brands (NASDAQ:BLMN) soared in early trading on Friday after the restaurant operator reported Q1 results ahead of expectations. The company said the increase in revenue was due largely to higher comparable restaurant sales with increases in average check per person kicking in, as wel...

Bloomin' Brands (NASDAQ:BLMN) declares $0.14/share quarterly dividend, in line with previous. Forward yield 2.55% Payable May 25; for shareholders of record May 11; ex-div May 10. See BLMN Dividend Scorecard, Yield Chart, & Dividend Growth. For further details see: Bloomin' Brands d...

Bloomin' Brands press release (NASDAQ:BLMN): Q1 Non-GAAP EPS of $0.80 beats by $0.06. Revenue of $1.14B (+15.4% Y/Y) beats by $10M. Q3 outlook: Total revenues of $1.1B to $1.13B vs. consensus of $1.08B; GAAP diluted EPS of $0.55 to $0.59; Adjusted diluted EPS of $0.60 to $0.65 vs. consensus o...

Q1 Combined U.S. Comparable Restaurant Sales Growth of 14.0% Q1 Diluted EPS of $0.73 and Adjusted Diluted EPS of $0.80 Raises Full Year Guidance for Revenue, Profit and EPS Expectations Declares Quarterly Cash Dividend of $0.14 per share Bloominȁ...