23.66 0.00 (0.00%)
After hours: 4:19PM EDT
|Bid||17.00 x 300|
|Ask||28.37 x 100|
|Day's Range||23.49 - 23.91|
|52 Week Range||16.11 - 25.00|
|PE Ratio (TTM)||23.43|
|Earnings Date||Apr 26, 2018|
|Forward Dividend & Yield||0.36 (1.55%)|
|1y Target Est||23.90|
The new offering from Bloomin' Brands combines the two chains, one a steakhouse and the other an Italian grill, into a takeout/delivery joint.
The hedge fund still holds a significant stake in the Tampa restaurant company.
TAMPA, Fla. , April 10, 2018 /PRNewswire/ -- Bloomin' Brands, Inc. (Nasdaq: BLMN) will release results for the fiscal first quarter ended April 1, 2018 , on Thursday, April 26, 2018 , at approximately ...
In fiscal 3Q!8, Darden Restaurants (DRI) posted adjusted EPS (earnings per share) of $1.71, which represents growth of 29.5% from $1.32 in fiscal 3Q17. Darden’s EPS growth was driven by revenue growth, a lower effective tax rate, and share repurchases. The application of the new tax rate for fiscal 1Q18 and fiscal 2Q18 lowered the tax rate by 7.0%, the resolution of other tax matters lowered the tax rate by 4.0%, and the hedging of deferred compensation also lowered the tax rate by approximately 4.0%.
He rejoins Brian Niccol, who was the CEO at Taco Bell before taking over the same post at Chipotle earlier this month.
Elizabeth Smith, chairman and CEO of Bloomin’ Brands Inc., received a 35 percent increase in compensation in 2017. Smith’s pay package went up as Bloomin’s revenue fell and the Tampa-based parent company of Outback Steakhouse and other restaurant concepts faced calls from activist investors to consider a sale or other strategic alternatives. Bloomin’ (BLMN), one of the largest companies headquartered in the Tampa Bay area, has been caught up in an oversaturated restaurant market, with casual dining chains losing market share.
In the face of compromise, Jana Partners’ group of activists seeking change at Bloomin’ Brands has come apart like a Bloomin’ Onion appetizer at Outback Steakhouse. Jana had announced the formation of a group in a November regulatory filing that sought changes at Bloomin’ Brands (BLMN), parent company of Outback, Carrabba’s Italian Grill and other restaurants. The hedge fund had joined up with Glenn K. Murphy and Neal Yanofsky, and wanted to meet with Bloomin’ Brands brass for an uncomfortable discussion about “strategic alternatives,” including the sale of the company.
Stock Monitor: Bloomin' Brands Post Earnings Reporting LONDON, UK / ACCESSWIRE / March 02, 2018 / Active-Investors.com has just released a free earnings report on Dunkin' Brands Group, Inc. (NASDAQ: DNKN ...
With more than 5 million members, the loyalty program kicks off a tasty sweepstakes for current and new members during March TAMPA, Fla. , March 1, 2018 /PRNewswire/ -- The only thing better than 50 percent ...
A veteran of the restaurant industry is joining the board of directors of Bloomin’ Brands Inc. Wendy Beck was appointed to the board of Tampa-based Bloomin’ Brands (BLMN), as part of an agreement with Jana Partners, an activist investor that has said it wants to talk to Bloomin’ about strategic alternatives , including a potential sale. Jana is one of two investment groups that have raised concerns about the financial performance of Bloomin’ Brands and its restaurant concepts: Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill and Fleming’s Prime Steakhouse and Wine Bar.
TAMPA, Fla., Feb. 28, 2018 /PRNewswire/ -- Bloomin' Brands, Inc. (BLMN) and JANA Partners LLC today announced that the Company has added a new independent director to its Board of Directors. The new independent director is Wendy A. Beck.
Bloomin’ Brands hopes to build its takeout and delivery business to answer consumer demands for dining more at home.
Bloomin' Brands Inc. shares jumped 9% in Thursday trading after the restaurant company reported fourth-quarter earnings and revenue that beat estimates. Bloomin' Brands chains include Outback Steakhouse ...
Bloomin’ Brands Inc (NASDAQ:BLMN), a hospitality company based in United States, received a lot of attention from a substantial price movement on the NasdaqGS in the over the last fewRead More...
On a per-share basis, the Tampa, Florida-based company said it had profit of 17 cents. Earnings, adjusted for one-time gains and costs, were 41 cents per share. The results topped Wall Street expectations. ...