NASDAQ:BLMN - Nasdaq - US0942351083 - Common Stock - Currency: USD
BofA Securities downgraded Bloomin' Brands from Neutral to Underperform, cutting the price target to $13. The company has faced a consistent decline in transaction growth, particularly within its largest brand, Outback.
Looking back on sit-down dining stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including The Cheesecake Factory (NASDAQ:CAKE) and its peers.
Bloomin' Brands has gotten torched over the last six months - since June 2024, its stock price has dropped 33% to $13 per share. This was partly due to its softer quarterly results and might have investors contemplating their next move.
Bloomin' Brands has gotten torched over the last six months - since June 2024, its stock price has dropped 33% to $13 per share. This was partly due to its softer quarterly results and might have investors contemplating their next move.
Retail real estate can produce steady passive income.
The advent of GLP-1 weight-loss treatments has inadvertently underscored the importance of protein in mitigating muscle loss and these restaurants are winners
Casual dining restaurant operator Brinker International Inc. (NYSE: EAT) missed its Q2 2024 EPS estimates and provided mixed forward guidance.