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Bloomin' Brands (BLMN)

- NASDAQ
  • Dec. 16, 2014, 9:14 AM
    • The first Analyst and Investor Day for Bloomin' Brands (NASDAQ:BLMN) kicked off this morning in NYC.
    • The company says it expects FY14 comps to rise at least 1.5%.
    • 55 new restaurant openings are expected for the full year.
    • Previous FY14 EPS guidance of $1.05-$1.10 is reaffirmed (consensus $1.09), while FY15 EPS is expected to grow 15% Y/Y.
    • Management expects commodity inflation of 4% to 6% in FY15 and capex spending of $235M-$255M.
    • Slides from the presentation indicate the company sees relocation opportunities for the Outback brand .
    • The company will break its reporting into a U.S. segment and International segment beginning in Q1 of 2015.
    • Analyst & Investor Day webcast
    • BLMN -0.7% premarket.
    | Comment!
  • Nov. 3, 2014, 5:38 PM
    • Top gainers, as of 5:15 p.m.: BLMN +19.4%. AUQ +9.0%. ABEV +8.5%. ELNK +8.3%. AMX +7.0%.
    • Top losers, as of 5:15 p.m.: BRDR -22.1%. SALE -18.2%. HLF -12.4%. CHGG -8.7%. S -6.8%.
    | 2 Comments
  • Sep. 25, 2014, 10:00 AM
    • Bloomin' Brands (BLMN +1.9%) trades higher after JPMorgan chimes in with a price target increase to $22.
    • Shares of BLMN are rated Overweight by JP.
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  • Aug. 5, 2014, 12:47 PM
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  • Aug. 5, 2014, 11:01 AM
    • Shares of Bloomin' Brands (BLMN -18.8%) are in a steep fall after a weak Q2 report and soft guidance from the restaurant chain operator.
    • The company sees EPS of $1.05-$1.10 for FY14 vs. $1.23 consensus.
    • News of the company's expansion into Brazil for the Cabbarra concept hasn't helped to stem the selling pressure.
    • During the firm's earnings call, execs seemed surprised that sales didn't recover after harsh weather kept traffic down in Q1. Some restaurants analysts would say a shift in consumer preferences toward fast-casual was more at play.
    • Earnings call webcast
    | 2 Comments
  • Mar. 5, 2014, 9:16 AM
    • Bloomin' Brands (BLMN) prices 18M shares of the company's stock being offered in a public secondary offering by existing shareholders at $24.50.
    • BLMN -1.8% premarket to $24.25.
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  • Jan. 21, 2014, 9:08 AM
    • JPMorgan upgrades Bloomin' Brands (BLMN) to an Overweight rating from Neutral.
    • BLMN +3.2% premarket
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  • Nov. 5, 2013, 4:58 PM
    • Bloomin' Brands (BLMN): Q3 EPS of $0.10 in-line.
    • Revenue of $967.6M (+1.5% Y/Y). Shares -1.5% AH. (PR)
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  • Jul. 19, 2013, 2:40 PM
    Restaurant sector ratings changes from Raymond James: Bloomin' Brands (BLMN -2.9%) downgraded to Market Perform from Outperform, Cracker Barrel (CBRL -2.9%), Panera Bread (PNRA +0.2%), and Ruth's Hospitality (RUTH -2.8%) all downgraded to Underperform from Market Perform.
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  • Nov. 7, 2012, 5:14 PM
    Bloomin' Brands (BLMN): Q3 EPS of $0.08 beats by $0.09. Revenue of $952.9M (+2.7% Y/Y) beats by $4M. Shares +7.5% AH. (PR)
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  • Aug. 8, 2012, 12:25 PM
    Bloomin' Brands (BLMN) soars 14.7% above its IPO offering price on its debut. Though the operator of the Outback Steakhouse chain hasn't wowed analysts with a debt load of $1.5B and a growth story that has already largely played out, it did book a tidy $100M profit in 2011. (S-1)
    | 1 Comment
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Company Description
Bloomin Brands Inc is a casual dining restaurant company, with a portfolio of differentiated restaurant concepts. The Company's concepts include Outback Steakhouse, Carrabba's Italian Grill, Bonefish Grill and Fleming's Prime Steakhouse & Wine Bar.
Sector: Services
Industry: Restaurants
Country: United States