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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

Outback Steakhouse Owner Draws Activist Investor

08:40pm, Thursday, 17'th Aug 2023
Starboard Value owns more than 5% of Bloomin' Brands.
While the top- and bottom-line numbers for Bloomin' Brands (BLMN) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics co
Bloomin' Brands Inc. BLMN, -1.83% on Tuesday delivered stronger-than-expected second-quarter profit of $68.28 million, or 70 cents a share, after it reported a year-ago loss of $63.64 million, or 72 c
At first glance, it's easy to mistake Toast, Inc. NASDAQ: TOST as a delivery application like Door Dash Inc. NASDAQ: DASH or an Uber Technologies Inc. NASDAQ: UBER Uber Eats service when placing a res
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.
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Bloomin' Brands (BLMN) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often
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