Bloomin' Brands, Inc. (BLMN)
Market Cap | 1.07B |
Revenue (ttm) | 4.55B |
Net Income (ttm) | -5.29M |
Shares Out | 84.84M |
EPS (ttm) | -0.06 |
PE Ratio | n/a |
Forward PE | 7.17 |
Dividend | $0.96 (7.63%) |
Ex-Dividend Date | Aug 20, 2024 |
Volume | 1,280,266 |
Open | 12.47 |
Previous Close | 12.56 |
Day's Range | 12.26 - 12.65 |
52-Week Range | 12.26 - 30.13 |
Beta | 2.04 |
Analysts | Hold |
Price Target | 18.56 (+47.42%) |
Earnings Date | Nov 8, 2024 |
About BLMN
Bloomin’ Brands, Inc., through its subsidiaries, owns and operates casual, upscale casual, and fine dining restaurants in the United States and internationally. The company operates through two segments, U.S. and International. Its restaurant portfolio has four concepts, including Outback Steakhouse, a casual steakhouse restaurant; Carrabba’s Italian Grill, a casual Italian restaurant; Bonefish Grill; and Fleming’s Prime Steakhouse & Wine Bar, a contemporary steakhouse. The company was founded in 1988 and is based in Tampa, Florida. [Read more]
Financial Performance
In 2023, Bloomin' Brands's revenue was $4.67 billion, an increase of 5.77% compared to the previous year's $4.42 billion. Earnings were $247.39 million, an increase of 142.76%.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for BLMN stock is "Hold." The 12-month stock price forecast is $18.56, which is an increase of 47.42% from the latest price.
News
Wall Street's Most Accurate Analysts Spotlight 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...
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 Spa...
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 fir...
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.
Bloomin' Brands, Inc. to Host Fiscal 2024 Third Quarter Earnings Conference Call at 8:30 AM EST on November 8, 2024
TAMPA, Fla.--(BUSINESS WIRE)--Bloomin' Brands, Inc. (Nasdaq: BLMN) will release results for the fiscal third quarter ended September 29, 2024, on Friday, November 8, 2024, at approximately 7:00 AM EST...
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...
Outback Steakhouse parent company names Delta's Michael Spanos as next CEO
Bloomin' Brands (BLMN) — the parent company of restaurant chains like Outback Steakhouse and Bonefish Grill — has named Delta Air Lines (DAL) COO Michael Spanos as its new chief executive effective th...
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).
Bloomin' Brands Names Michael L. Spanos As Chief Executive Officer
TAMPA, Fla.--(BUSINESS WIRE)--Bloomin' Brands, Inc. (NASDAQ: BLMN) today announced that Michael L. “Mike” Spanos has been appointed Chief Executive Officer of the company. Spanos will begin his new ro...
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'...
Bloomin' Brands, Inc. (BLMN) Q2 2024 Earnings Call Transcript
Bloomin' Brands, Inc. (NASDAQ:BLMN) Q2 2024 Earnings Conference Call August 6, 2024 8:15 AM ET Company Participants Tara Kurian - Vice President, Corporate Finance and IR David Deno - Chief Executive...
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 ...
Bloomin' Brands Announces 2024 Q2 Financial Results
TAMPA, Fla.--(BUSINESS WIRE)--Bloomin' Brands, Inc. (Nasdaq: BLMN) today reported results for the second quarter 2024 (“Q2 2024”) compared to the second quarter 2023 (“Q2 2023”). CEO Comments “In the ...
Bloomin' Brands, Inc. to Host Fiscal 2024 Second Quarter Earnings Conference Call at 8:15 AM EDT on August 6, 2024
TAMPA, Fla.--(BUSINESS WIRE)--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, whi...
Bloomin' Brands: Recent Pressure On Stock Price Creates An Attractive Investment Opportunity
Massive conversions of convertible debt into equity most likely played a major role in the sharp decline in the stock price over the last 4 months. Should one look at the glass half full, though, a si...
Top 3 Consumer Stocks That Could Blast Off In June
The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies.
Bloomin' Brands, Inc. (BLMN) Q1 2024 Earnings Call Transcript
Bloomin' Brands, Inc. (NASDAQ:BLMN) Q1 2024 Earnings Conference Call May 7, 2024 8:00 AM ET Company Participants Tara Kurian - Vice President of Corporate Finance and Investor Relations David Deno - ...
Bloomin' Brands swings to Q1 loss, is exploring ‘strategic alternatives' for Brazil business
Bloomin' Brands Inc. BLMN, -2.54% swung to a loss in its first-quarter results before market open Tuesday and announced that it is exploring strategic alternatives for its Brazil operations. In a sepa...
Bloomin' Brands CEO David Deno Retiring
TAMPA, Fla.--(BUSINESS WIRE)--Bloomin' Brands, Inc. (NASDAQ: BLMN) announced that David Deno, Chief Executive Officer, will be retiring after 12 years with the company, including the last five years a...
Bloomin' Brands Announces 2024 Q1 Financial Results
TAMPA, Fla.--(BUSINESS WIRE)--Bloomin' Brands, Inc. (Nasdaq: BLMN) today reported results for the first quarter 2024 (“Q1 2024”) compared to the first quarter 2023 (“Q1 2023”). CEO Comments “The first...
Bloomin' Brands, Inc. to Host Fiscal 2024 First Quarter Earnings Conference Call at 8:00 AM EDT on May 7, 2024
TAMPA, Fla.--(BUSINESS WIRE)--Bloomin' Brands, Inc. (Nasdaq: BLMN) will release results for the fiscal first quarter ended March 31, 2024, on Tuesday, May 7, 2024, at approximately 6:45 AM EDT, which ...
Bloomin' Brands: Business Still Going Strong Despite Weak Same Store Sales In Q4 2023
BLMN is still rated as a buy despite weak same-store-sales performance. The planned marketing spend should support market share gains for BLMN. The closure of underperforming stores should streamline ...
Bloomin' Brands, Inc. (BLMN) Q4 2023 Earnings Call Transcript
Bloomin' Brands, Inc. (BLMN) Q4 2023 Earnings Call Transcript
Bloomin' Brands adjusted Q4 profit beats estimates but it lowers its Q1 view
Bloomin' Brands Inc. BLMN, -0.56% on Friday reported a lower fourth-quarter profit, but its adjusted earnings for the period beat analyst estimates on a strong holiday season. The owner of Outback Ste...
Bloomin' Brands Announces 2023 Q4 Financial Results
TAMPA, Fla.--(BUSINESS WIRE)--Bloomin' Brands, Inc. (Nasdaq: BLMN) today reported results for the fourth quarter 2023 (“Q4 2023”) and fiscal year ended December 31, 2023 (“Fiscal Year 2023”) compared ...