Tag: Bloomin' Brands Inc
Applebee’s owner Dine Brands to lean on value to reverse sales declines
Michael Siluk | UCG | Universal Images Group | Getty ImagesDine Brands hopes to boost sales this year with a wider swath of value meals and buzzier ad [...]
Wendy’s, Denny’s, Red Lobster close locations in 2024
A rough year for the restaurant industry led many chains to close underperforming locations in 2024, as they try to improve their sales in the years t [...]
What’s likely to move the market
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., October 24, 2024. Brendan McDermid | ReutersStocks @ Night is [...]
What’s likely to move the market
A trader works on the floor of the New York Stock Exchange. Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tom [...]
Chili’s sales boosted by TikTok, fast food rivalry
An ad campaign targeting fast-food chains and a TikTok-viral appetizer helped Chili's same-store sales climb nearly 15% in its latest quarter.But Kevi [...]
Activist Starboard has a variety of strategies to build value at Bloomin’ Brands
An Outback Steakhouse truck sits parked outside a restaurant in New York.Daniel Acker | Bloomberg | Getty ImagesCompany: Bloomin' Brands (BLMN)Busines [...]
Outback Steakhouse owner’s stock rises as activist buys stake
An Outback Steakhouse truck sits parked outside a restaurant in New York.Daniel Acker | Bloomberg | Getty ImagesShares of Outback Steakhouse owner Blo [...]
Consumers more likely to cut back on restaurant visits than trade down
People sit outdoors at the Petite Crevette Restaurant on June 05, 2021 in the Brooklyn borough of New York City.Robert Nickelsberg | Getty ImagesDurin [...]
Olive Garden parent Darden Restaurants fine dining Ruth’s Chris deal
A Ruth's Chris Steak House in Miami, May 3, 2023.Joe Raedle | Getty Images News | Getty ImagesOlive Garden owner Darden Restaurants is betting on fine [...]
Starbucks (SBUX) earnings Q2 2023 earnings
Starbucks on Tuesday reported quarterly earnings and revenue that beat analysts' expectations, fueled by better-than-expected international sales.In C [...]
Apple, Amazon, Intel and more
Customers shop at the Apple Fifth Avenue store for the release of the Apple iPhone 14 in New York City, September 16, 2022.Andrew Kelly | ReutersCheck [...]
Consumers are cutting back on restaurant spending, but CEOs say not all chains are affected
Howard SchultzDavid Ryder | ReutersSome restaurants are reporting weaker sales or declining traffic in the second quarter, signaling that diners are c [...]
Roku, Amazon, First Solar, Intel, Apple & more
People pass by a video sign display with the logo for Roku, a Fox-backed video streaming firm, that held it's IPO at the Nasdaq Marketsite in New York [...]
DraftKings, Roku, Deere and others
Check out the companies making headlines before the bell:DraftKings (DKNG) – The sports betting company's stock tumbled 13.2% in the premarket, despit [...]
Outback Steakhouse parent’s stock tumbles 11% after higher costs hit 2022 forecast
Customers enter a Bloomin' Brands' Outback Steakhouse restaurant at the Queens Place Mall in the Queens borough of New York.Victor J. Blue | Bloomb [...]