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Same-store restaurant sales increased 1.1% in May, led by strong growth in the Mountain Plains part of the U.S, according to tracking conducted by TDn2K. The positive month followed a 0.4% decline in April. More news on: Arcos Dorados Holdings Inc., Ark Restaurants Corp., Biglari Holding...
The consumer discretionary sector is by far the most attractive sector (for me) at this time. The sector is expected to see high-single-digit earnings growth this year and market-leading, low-double-digit earnings growth next year. This growth is driven by labor market trends that have the n...
NEW YORK , May 28, 2019 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P 100, S&P MidCap 400 and S&P SmallCap 600: Corteva Inc. (NYSE: CTVA) will be added to the S&P 500 prior to the open of trading o...
Bloomin' Brands (NASDAQ: BLMN ) is up 7.1% after hours on work it's moving into the S&P SmallCap 600 . More news on: Bloomin' Brands, Inc., Travelport Worldwide Limited, Corteva, Consumer stocks news, Stocks on the move, Energy stocks news Read more ...
What's the first thing that comes to mind when you think of Outback Steakhouse? I'm fairly certain you didn't say its pork chops. And yet, Outback's corporate parent, Bloomin' Brands ( BLMN ) plunged 10% last week following an analyst downgrade. BMO cut its outlook and price target for Bloom...
African swine flu has devastated the pig population in China and sent pork prices soaring. As many as up to 200M Chinese pigs have reportedly been lost due to the disease. More news on: Bloomin' Brands, Inc., Phibro Animal Health Corporation, Darling Ingredients Inc., Top stock market news...
Guggenheim sees momentum picking up at Bloomin' Brands (NASDAQ: BLMN ) after two consecutive quarters of improved results. More news on: Bloomin' Brands, Inc., Consumer stocks news, Stocks on the move, Read more ...
Chipotle (NYSE: CMG ) and Bloomin Brands (NASDAQ: BLMN ) are most at risk for margin pressure thanks to African Swine Fever, says analyst Andrew Strelzik, downgrading both to Underperform. More news on: Chipotle Mexican Grill, Inc., Bloomin' Brands, Inc., Consumer stocks news, Stocks on th...
BMO Capital lowers Bloomin' Brands (NASDAQ: BLMN ) to an Underperform rating from Market Perform due to concerns on the impact of the African Swine Fever on food input costs. More news on: Bloomin' Brands, Inc., Consumer stocks news, Read more ...
Restaurant stocks are mild outperformers on a down market day with bids on Del Frisco's Restaurant Group ( DFRG +31.6% ) reported to be coming in higher than anticipated. More news on: Del Frisco's Restaurant Group, Inc., Darden Restaurants, Inc., Ruth's Hospitality Group, Inc., Consumer...
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Bloomin’ Brands, Inc. (Nasdaq: BLMN) will release results for the fiscal second quarter ended June 30, 2024, on Tuesday, August 6, 2024, at approximately 7:00 AM EDT, which will be followed by a conference call to review its financial results at 8:15 AM EDT the same day. The call will ...
2024-06-05 17:15:04 ET J.P. Morgan analyst issues NEUTRAL recommendation for BLMN on June 5, 2024 03:43PM ET. The previous analyst recommendation was Neutral. BLMN was trading at $20.06 at issue of the analyst recommendation. The overall analyst consensus : BUY. Curr...