Bloomin' Brands: Weakness Baked In After 15% Slide (Rating Upgrade) |
Bloomin' Brands stock fell over 8% despite beating EPS and revenue estimates due to weak Q2 guidance and declining same-store sales. Outback Steakhouse's performance is crucial for Bloomin's recovery, but it continues to struggle with negative same-store sales and losing market share. Management's value strategies, including menu cuts and promotions, haven't improved sales, leading to a cautious 'Hold' rating with a price target of $7–$8. |
seekingalpha.com |
2025-05-12 03:59:00 |
Czytaj oryginał (ang.) |
Bloomin' Brands Stock Drops on Weak Guidance and Demand Concerns |
In a month when most stocks have been down, Bloomin' Brands Inc. NASDAQ: BLMN has been a standout performer. The stock was up over 17% heading into its first-quarter earnings on May 7. |
marketbeat.com |
2025-05-09 11:00:57 |
Czytaj oryginał (ang.) |
Bloomin' Brands, Inc. (BLMN) Q1 2025 Earnings Call Transcript |
Bloomin' Brands, Inc. (NASDAQ:BLMN ) Q1 2025 Earnings Conference Call May 7, 2025 8:30 AM ET Company Participants Tara Kurian - VP, Corporate Finance & IR Mike Spanos - CEO Michael Healy - EVP and CFO Conference Call Participants Alex Slagle - Jefferies Brian Harbour - Morgan Stanley John Ivankoe - JPMorgan Brian Mullan - Piper Sandler Sara Senatore - Bank of America Brian Vaccaro - Raymond James Christine Koh - Goldman Sachs Jared Hludzinski - BMO Operator Greetings, and welcome to the Bloomin' Brands Fiscal First Quarter 2025 Earnings Conference Call. At this time, all participants are in listen-only mode. |
seekingalpha.com |
2025-05-07 18:31:06 |
Czytaj oryginał (ang.) |
Here's What Key Metrics Tell Us About Bloomin' Brands (BLMN) Q1 Earnings |
While the top- and bottom-line numbers for Bloomin' Brands (BLMN) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. |
zacks.com |
2025-05-07 15:00:42 |
Czytaj oryginał (ang.) |
Bloomin' Brands (BLMN) Surpasses Q1 Earnings and Revenue Estimates |
Bloomin' Brands (BLMN) came out with quarterly earnings of $0.59 per share, beating the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.70 per share a year ago. |
zacks.com |
2025-05-07 13:30:52 |
Czytaj oryginał (ang.) |
4 Off-the-Radar Stocks That Deliver Massive 8% and Higher Dividends |
Investors love dividend stocks, especially high-yield varieties, because they offer a significant income stream and have substantial total return potential. |
247wallst.com |
2025-05-07 13:20:43 |
Czytaj oryginał (ang.) |
Outback Steakhouse Owner Guides for Softer Quarter |
Bloomin' Brands held its full-year outlook despite choppy consumer trends, though it is guiding for a softer second quarter than Wall Street had been targeting. |
wsj.com |
2025-05-07 11:53:00 |
Czytaj oryginał (ang.) |
Bloomin' Brands Announces 2025 Q1 Financial Results |
TAMPA, Fla.--(BUSINESS WIRE)--Bloomin' Brands, Inc. (Nasdaq: BLMN) today reported results for the first quarter 2025 (“Q1 2025”) compared to the first quarter 2024 (“Q1 2024”). CEO Comments “We continue to make progress on our operating priorities to simplify the business and consistently deliver a great guest experience while balancing our longer-term priorities to turnaround Outback and drive sustainable sales and profit growth,” said Mike Spanos, CEO. “We are navigating a choppy macro enviro. |
businesswire.com |
2025-05-07 11:00:00 |
Czytaj oryginał (ang.) |
What's in Store for These 3 Restaurant Stocks in Q1 Earnings? |
Restaurant stocks are likely to have benefited from expanding store footprints, digitizing service channels, and menu enhancements in the first quarter of 2025. |
zacks.com |
2025-05-06 15:20:37 |
Czytaj oryginał (ang.) |
Analysts Estimate Bloomin' Brands (BLMN) to Report a Decline in Earnings: What to Look Out for |
Bloomin' Brands (BLMN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2025-04-30 15:07:14 |
Czytaj oryginał (ang.) |
Most Investors Don't Realize These 4 Well-Known Stocks Also Have 7% Dividends |
Dividend stocks are a favorite among investors for good reason. They provide a steady stream of passive income and offer a promising avenue for total return. |
247wallst.com |
2025-04-29 12:42:36 |
Czytaj oryginał (ang.) |
Bloomin' Brands, Inc. to Host Fiscal 2025 First Quarter Earnings Conference Call at 8:30 AM EST on May 7, 2025 |
TAMPA, Fla.--(BUSINESS WIRE)--Bloomin' Brands, Inc. (Nasdaq: BLMN) will release results for the fiscal first quarter ended March 30, 2025, on Wednesday, May 7, 2025, at approximately 7:00 AM EST, which will be followed by a conference call to review its financial results at 8:30 AM EST the same day. The call will be webcast live from the Company's website at http://www.bloominbrands.com under the Investors section. A replay of this webcast will be available on the Company's website after the ca. |
businesswire.com |
2025-04-17 12:30:00 |
Czytaj oryginał (ang.) |
Beef Prices Are Rising. Tariffs Could Make Them Worse. |
While egg prices have come down from record highs, the cost of beef—a key protein on most American tables—continues to rise. That could not only dent consumer wallets, but also raise input costs for restaurants, forcing them to either raise prices or risk lower profits. |
marketwatch.com |
2025-03-28 15:48:00 |
Czytaj oryginał (ang.) |
Bond Yields Are Falling: Grab These Wall Street High-Yield 6% Dividend Favorites Fast |
Investors love dividend stocks, especially the high-yield variety, because they offer a significant income stream and have massive total return potential. |
247wallst.com |
2025-03-22 09:48:14 |
Czytaj oryginał (ang.) |
Bloomin' Brands Is A Long-Term Survivor, But Has Near-Term Challenges: Analyst |
J.P. Morgan analyst John Ivankoe cut the price forecast for Bloomin' Brands, Inc. BLMN from $13.00 to $10.00 while retaining a Neutral rating. |
benzinga.com |
2025-03-10 15:34:31 |
Czytaj oryginał (ang.) |
Bloomin' Brands: Now Is Still Not The Right Time To Invest |
My hold rating on Bloomin' Brands stock remains as 4Q24 results showed no meaningful progress, with revenue and traffic declining, and margins contracting. New management is implementing positive changes like menu optimization and consistent value-driven promotions, but more evidence of traffic recovery and margin stabilization is needed. Rising labor and input costs add uncertainty, and competitor TXRH is growing traffic, indicating BLMN is losing relative market share. |
seekingalpha.com |
2025-03-04 11:12:06 |
Czytaj oryginał (ang.) |
Bloomin' Brands, Inc. (BLMN) Q4 2024 Earnings Call Transcript |
Bloomin' Brands, Inc. (NASDAQ:BLMN ) Q4 2024 Earnings Conference Call February 26, 2025 8:30 AM ET Company Participants Tara Kurian - Vice President, Corporate Finance & Investor Relations Mike Spanos - Chief Executive Officer Michael Healy - Executive Vice President & Chief Financial Officer Conference Call Participants Alex Slagle - Jefferies Jeffrey Bernstein - Barclays Brian Harbour - Morgan Stanley John Ivankoe - JPMorgan Lauren Silberman - Deutsche Bank Jeff Farmer - Gordon Haskett Sara Senatore - Bank of America Brian Vaccaro - Raymond James Brian Mullan - Piper Sandler Dennis Geiger - UBS Christine Cho - Goldman Sachs Jon Tower - Citigroup Andrew Strelzik - BMO Operator Greetings, and welcome to the Bloomin' Brands Fiscal Fourth Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. |
seekingalpha.com |
2025-02-26 13:09:04 |
Czytaj oryginał (ang.) |
Bloomin' Brands (BLMN) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates |
The headline numbers for Bloomin' Brands (BLMN) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. |
zacks.com |
2025-02-26 12:36:25 |
Czytaj oryginał (ang.) |
Bloomin' Brands (BLMN) Q4 Earnings Match Estimates |
Bloomin' Brands (BLMN) came out with quarterly earnings of $0.38 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.75 per share a year ago. |
zacks.com |
2025-02-26 11:36:06 |
Czytaj oryginał (ang.) |
Bloomin' Brands' stock slides as revenue falls short for a sixth straight quarter |
The parent company of Outback Steakhouse swings to a loss and offers soft guidance for 2025 amid continued pressure on fast-casual dining. |
marketwatch.com |
2025-02-26 10:03:00 |
Czytaj oryginał (ang.) |
Bloomin' Brands Announces 2024 Q4 Financial Results |
TAMPA, Fla.--(BUSINESS WIRE)--Bloomin' Brands, Inc. (Nasdaq: BLMN) today reported results for the fourth quarter 2024 (“Q4 2024”) and fiscal year ended December 29, 2024 (“Fiscal Year 2024”) compared to the fourth quarter 2023 (“Q4 2023”) and the fiscal year ended December 31, 2023 (“Fiscal Year 2023”). In 2023, the fourth quarter and fiscal year included an additional operating week (“53rd week”) compared to Fiscal Year 2024. CEO Comments “In my first six months, I have become even more confid. |
businesswire.com |
2025-02-26 09:00:00 |
Czytaj oryginał (ang.) |
Kelia Bazile To Lead Carrabba's Italian Grill |
TAMPA, Fla.--(BUSINESS WIRE)--Kelia Bazile has been promoted to President of Carrabba's Italian Grill where she will be responsible for leading the operations and development for more than 190 Carrabba's locations. Carrabba's offers authentic Italian cuisine passed down from the restaurant's founders' family recipes. It's one of four brands in the Bloomin' Brands (Nasdaq: BLMN) portfolio. “Kelia has a proven track record of creating and maintaining high executional standards that drive sales an. |
businesswire.com |
2025-02-17 11:00:00 |
Czytaj oryginał (ang.) |
Interest Rates Not Going Any Lower in 2025: Grab These High-Yield 7% Dividend All-Stars Now |
Nine months ago, Wall Street pundits were certain that four interest-rate cuts of 25 basis points each would occur in 2025. |
247wallst.com |
2025-02-14 16:21:56 |
Czytaj oryginał (ang.) |
Jim Dinkins Joins Company Board of Directors |
TAMPA, Fla.--(BUSINESS WIRE)--Bloomin' Brands, Inc. (NASDAQ: BLMN) today announced that James (Jim) Dinkins joined the company's Board of Directors effective February 12, 2025. With his appointment, the Board increases its size from ten to 11 members. Dinkins will stand for re-election at the 2025 annual stockholders meeting; he will also serve on the Board's Audit Committee. Dinkins currently serves as the Chief Executive Officer of The Honey Baked Ham Company LLC. He also held leadership role. |
businesswire.com |
2025-02-13 10:00:00 |
Czytaj oryginał (ang.) |
Bloomin' Brands Faces Near-Term Pressure, Analyst Highlights Peer Brinker's Turnaround Roadmap |
BofA Securities analyst downgraded the shares of Bloomin' Brands Inc BLMN from Neutral to Underperform and lowered the price forecast from $18.00 to $13.00. |
benzinga.com |
2025-01-27 16:09:27 |
Czytaj oryginał (ang.) |
Pat Hafner Promoted to Executive Vice President, President of Outback Steakhouse |
TAMPA, Fla.--(BUSINESS WIRE)--Bloomin' Brands, Inc. (Nasdaq: BLMN) announced the promotion of Pat Hafner to Executive Vice President, President of Outback Steakhouse. He will be responsible for leading operations and development for the company's largest brand. He most recently served as President of Carrabba's Italian Grill. “Pat is an ‘operator's operator' who has held a variety of roles and led special projects at Bloomin' Brands,” said Mike Spanos, Chief Executive Officer of Bloomin' Brands. |
businesswire.com |
2025-01-08 18:10:00 |
Czytaj oryginał (ang.) |
Wall Street's Most Accurate Analysts Give Their Take On 3 Consumer Stocks With Over 7% Dividend Yields |
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. |
benzinga.com |
2024-12-27 09:47:47 |
Czytaj oryginał (ang.) |
Wall Street's Most Accurate Analysts Spotlight On 3 Consumer Stocks With Over 5% Dividend Yields |
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. |
benzinga.com |
2024-12-11 09:59:21 |
Czytaj oryginał (ang.) |
Raymond James downgrades Bloomin' on 'underwhelming' stake sale |
Raymond James downgraded Bloomin' Brands to Market Perform from Outperform without a price target following the Q3 report. The firm sees lower near-term visibility and views the stake sale in Bloomin's Brazil division as "underwhelming." The proceeds came in below his expectations and while the stock's "low valuation should provide some downside support," Bloomin's free cash flow is narrowing and its "high dividend payout may need to be revisited." |
https://thefly.com |
2024-11-11 11:02:17 |
Czytaj oryginał (ang.) |
Bloomin' Brands price target lowered to $19 from $20 at Barclays |
Barclays lowered the firm's price target on Bloomin' Brands to $19 from $20 and keeps an Overweight rating on the shares. The company's Q3 comp, margin and adjusted EBITDA were all below expectations, the analyst tells investors in a research note. |
https://thefly.com |
2024-11-11 07:41:07 |
Czytaj oryginał (ang.) |
Bloomin' Brands downgraded to Market Perform from Outperform at Raymond James |
Raymond James downgraded Bloomin' Brands to Market Perform from Outperform. |
https://thefly.com |
2024-11-11 07:28:46 |
Czytaj oryginał (ang.) |
Bloomin' Brands, Inc. (BLMN) Q3 2024 Earnings Call Transcript |
Bloomin' Brands, Inc. (NASDAQ:BLMN ) Q3 2024 Earnings Conference Call November 8, 2024 8:30 AM ET Company Participants Tara Kurian - Vice President of Corporate Finance and Investor Relations Mike Spanos - Chief Executive Officer Michael Healy - Executive Vice President & Chief Financial Officer Conference Call Participants Jeffrey Bernstein - Barclays Alex Slagle - Jefferies John Ivankoe - JPMorgan Brian Harbour - Morgan Stanley Jeffrey Farmer - Gordon Haskett Sara Senatore - Bank of America Dennis Geiger - UBS Brian Mullan - Piper Sandler Jon Tower - Citigroup Brian Vaccaro - Raymond James Andrew Strelzik - BMO Tara Kurian Thank you and good morning, everyone. With me on today's call are Mike Spanos, our Chief Executive Officer; and Michael Healy, Chief Financial Officer and Executive Vice President. |
seekingalpha.com |
2024-11-08 18:13:07 |
Czytaj oryginał (ang.) |
Compared to Estimates, Bloomin' Brands (BLMN) Q3 Earnings: A Look at Key Metrics |
Although the revenue and EPS for Bloomin' Brands (BLMN) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. |
zacks.com |
2024-11-08 12:36:18 |
Czytaj oryginał (ang.) |
Bloomin' Brands (BLMN) Q3 Earnings Beat Estimates |
Bloomin' Brands (BLMN) came out with quarterly earnings of $0.21 per share, beating the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.44 per share a year ago. |
zacks.com |
2024-11-08 11:15:25 |
Czytaj oryginał (ang.) |
Bloomin' Brands Announces 2024 Q3 Financial Results |
TAMPA, Fla.--(BUSINESS WIRE)--Bloomin' Brands, Inc. (Nasdaq: BLMN) today reported results for the third quarter 2024 (“Q3 2024”) compared to the third quarter 2023 (“Q3 2023”). CEO Comments “In my first 60 days, I have been impressed with the resiliency and capabilities of our team during two hurricanes, as well as the potential that I see in our iconic brands,” said Mike Spanos, CEO. “As I continue listening and learning during this evaluative period, it is clear to me that our path to sustain. |
businesswire.com |
2024-11-08 09:00:00 |
Czytaj oryginał (ang.) |
Bloomin' Brands Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts |
Bloomin' Brands, Inc. BLMN will release earnings results for its third quarter, before the opening bell on Friday, Nov. 8. |
benzinga.com |
2024-11-08 04:56:02 |
Czytaj oryginał (ang.) |
Ahead of Bloomin' Brands (BLMN) Q3 Earnings: Get Ready With Wall Street Estimates for Key Metrics |
Evaluate the expected performance of Bloomin' Brands (BLMN) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight. |
zacks.com |
2024-11-07 12:20:46 |
Czytaj oryginał (ang.) |
Analysts Estimate Bloomin' Brands (BLMN) to Report a Decline in Earnings: What to Look Out for |
Bloomin' Brands (BLMN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2024-11-01 13:06:17 |
Czytaj oryginał (ang.) |
New Strong Sell Stocks for October 3rd |
BLMN, CJEWY and CARE have been added to the Zacks Rank #5 (Strong Sell) List on October 3, 2024. |
zacks.com |
2024-10-03 10:51:22 |
Czytaj oryginał (ang.) |
Wall Street's Most Accurate Analysts Spotlight On 3 Consumer Stocks With Over 5% Dividend Yield |
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. |
benzinga.com |
2024-09-16 12:11:13 |
Czytaj oryginał (ang.) |
New Strong Sell Stocks for August 29th |
BLMN, ACLS and AIQUY have been added to the Zacks Rank #5 (Strong Sell) List on August 29, 2024. |
zacks.com |
2024-08-29 10:05:55 |
Czytaj oryginał (ang.) |
Outback Steakhouse Parent Names Former Delta Exec Its New CEO |
Outback Steakhouse parent Bloomin' Brands (BLMN) named ex-Delta Air Lines (DAL) Chief Operating Officer Michael Spanos its new chief executive officer (CEO). |
investopedia.com |
2024-08-26 16:21:08 |
Czytaj oryginał (ang.) |
Are Lower Interest Rates the Right Bet on Bloomin' Brands Stock? |
Bloomin' Brands Inc. BLMN is the parent company of a diverse group of restaurants, including Outback Steakhouse, Carrabba's Italian Grill, Bonefish Grill, and Fleming's Prime Steakhouse & Wine Bar. I'll comment on the relevance of that later, but right now, growth is slowing to a crawl, and inflation is taking a bite out of the company's earnings. |
benzinga.com |
2024-08-08 19:32:18 |
Czytaj oryginał (ang.) |
Here's What Key Metrics Tell Us About Bloomin' Brands (BLMN) Q2 Earnings |
Although the revenue and EPS for Bloomin' Brands (BLMN) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. |
zacks.com |
2024-08-06 15:00:57 |
Czytaj oryginał (ang.) |
Bloomin' Brands (BLMN) Q2 Earnings and Revenues Miss Estimates |
Bloomin' Brands (BLMN) came out with quarterly earnings of $0.51 per share, missing the Zacks Consensus Estimate of $0.57 per share. This compares to earnings of $0.74 per share a year ago. |
zacks.com |
2024-08-06 13:06:10 |
Czytaj oryginał (ang.) |
Bloomin' Brands' stock slides 2.9% after earnings miss and lowered guidance |
Bloomin' Brands Inc.'s stock BLMN, -6.78% fell 2.9% early Tuesday, after the operator of Outhouse Steakhouse, Carrabba's Italian Grill, Bonefish Grill and Fleming's Prime Steakhouse & Wine Bar posted weaker-than-expected second-quarter earnings and lowered its full-year guidance. The company had net income of $28.4 million, or 42 cents a share, for the quarter, down from $68.3 million, or 70 cents a share, in the year-earlier period. |
marketwatch.com |
2024-08-06 11:18:00 |
Czytaj oryginał (ang.) |