The post-pandemic pent-up demand generated travel boom may be starting to normalize based on recent data from the airlines. Airlines have cut forecasts but insist demand is still there.
TAMPA, Fla.--(BUSINESS WIRE)--Bloomin' Brands, Inc. (Nasdaq: BLMN) will release results for the fiscal third quarter ended September 24, 2023, on Friday, November 3, 2023, at approximately 6:45 AM EDT
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
Restaurant stocks corrected over the summer due to tepid guidance, setting up a new opportunity for income investors. The guidance calls for growth but slowing growth to be offset by wider margins.
Brian Vaccaro, restaurant analyst at Raymond James, joins 'The Exchange' to discuss signs of a decline in dining out, breakfast restaurants gaining share from other parts of the restaurant business, a
Bloomin' Brands is a casual dining restaurant chain that has made changes and improvements during the pandemic. BLMN's valuation is still attractive compared to peers in the industry. Short-term uncer
In a country known for its rich barbecue culture, Outback Steakhouse in Brazil has experienced surprising success.
The firm could turn to its value-building playbook for restaurants in this latest engagement with Bloomin' Brands.
Andy Barish, Jefferies managing director, joins 'The Exchange' to discuss consumer spending in the restaurant sector.
Barclays analysts report a four-year high for activist investor campaigns in the first half of the year, hedge fund Starboard Value is on the move with a new campaign targeting Outback Steakhouse-pare

Why Bloomin' Brands Surged Today

01:42pm, Friday, 18'th Aug 2023
Activist investor Starboard Value disclosed a large stake in Bloomin' Brands, the parent of Outback Steakhouse and others. Starboard has a successful track record with restaurant investments in its pa
Starboard Value now owns 9.9% of Bloomin' Brands' shares, according to a regulatory filing.
Bloomin' Brands shares rose almost 10% in pre-market trade on Friday after it was revealed that activist investor Starboard Value has increased its stake in the company to 9.9%. Per a regulatory filin
Bloomin's Brands Inc.'s stock BLMN, -3.47% was up 5% premarket Friday, after activist investor Starboard Value LP confirmed it has built a 9.9% stake in the parent of Outback Steakhouse. The news was
Bloomin' Brands BLMN, -3.47% shares rallied 8% in premarket trade on Friday after the Wall Street Journal reported that activist investor Starboard Value has built a stake in the owner of Outback Stea
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