Bloomin' Brands Inc is a leading global restaurant company that operates a diverse portfolio of well-known dining brands. The company is primarily engaged in providing a wide range of culinary experiences through its casual dining restaurants, which emphasize quality food, exceptional service, and a welcoming atmosphere. With a focus on customer satisfaction and innovative menu offerings, Bloomin' Brands caters to various tastes and preferences, while also prioritizing sustainability and community engagement in its operations. Read More
Several restaurant stocks are taking a beating on Thursday as broader markets tumble in reaction to sweeping reciprocal tariffs from the Trump administration.
As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the sit-down dining industry, including The Cheesecake Factory (NASDAQ:CAKE) and its peers.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q4. Today, we are looking at sit-down dining stocks, starting with Bloomin' Brands (NASDAQ:BLMN).
As the Q4 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the sit-down dining industry, including BJ's (NASDAQ:BJRI) and its peers.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q4. Today, we are looking at sit-down dining stocks, starting with Red Robin (NASDAQ:RRGB).
Looking back on sit-down dining stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including Brinker International (NYSE:EAT) and its peers.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Kura Sushi (NASDAQ:KRUS) and the best and worst performers in the sit-down dining industry.
Earnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let’s have a look at First Watch (NASDAQ:FWRG) and its peers.
Restaurants increase convenience and give many people a place to unwind. But it’s not all sunshine and rainbows as they’re notoriously hard to run thanks to perishable ingredients, labor shortages, or volatile consumer spending.
Unfortunately, these factors have spelled trouble for the industry as it has shed 4% over the past six months. This performance was worse than the S&P 500’s 1.6% decline.
J.P. Morgan analyst John Ivankoe hosted Bloomin' Brands, CAVA Group and others at the Las Vegas forum. A major takeaway: focus on "doing fewer things better" with continued investments in customer and employee experiences. The analyst recommends adding fresh investments in BROS, SBUX, and CAVA, while maintaining cautious optimism on CMG and EAT.
Earnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let’s have a look at Denny's (NASDAQ:DENN) and its peers.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q4. Today, we are looking at sit-down dining stocks, starting with The ONE Group (NASDAQ:STKS).
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q4. Today, we are looking at sit-down dining stocks, starting with Texas Roadhouse (NASDAQ:TXRH).
Investors looking for hidden gems should keep an eye on small-cap stocks because they’re frequently overlooked by Wall Street.
Many opportunities exist in this part of the market, but it is also a high-risk, high-reward environment due to the lack of reliable analyst price targets.
Shares of restaurant company Bloomin’ Brands (NASDAQ:BLMN)
fell 19% in the morning session after the company posted weak fourth-quarter 2024 results, with sales dropping sharply from the prior year and falling short of Wall Street's expectations. Lower same restaurant sales and the lack of an extra operating week hurt revenue.
Profit margins shrank due to rising labor and food costs, higher ad spending, and weaker customer traffic at key brands like Outback Steakhouse and Bonefish Grill. These pressures led to an earnings shortfall.
Restaurant company Bloomin’ Brands (NASDAQ:BLMN) fell short of the market’s revenue expectations in Q4 CY2024, with sales falling 18.6% year on year to $972 million. Its non-GAAP profit of $0.22 per share was 39.7% below analysts’ consensus estimates.
Bloomin’ Brands, Inc. (Nasdaq: BLMN) today reported results for the fourth quarter 2024 (“Q4 2024”) and fiscal year ended December 29, 2024 (“Fiscal Year 2024”) compared to the fourth quarter 2023 (“Q4 2023”) and the fiscal year ended December 31, 2023 (“Fiscal Year 2023”). In 2023, the fourth quarter and fiscal year included an additional operating week (“53rd week”) compared to Fiscal Year 2024.
Kelia Bazile has been promoted to President of Carrabba’s Italian Grill where she will be responsible for leading the operations and development for more than 190 Carrabba’s locations. Carrabba’s offers authentic Italian cuisine passed down from the restaurant’s founders’ family recipes. It’s one of four brands in the Bloomin’ Brands (Nasdaq: BLMN) portfolio.
