Bloomin' Brands, Inc. Stock News

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, 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 Officer Michael Healy - Executive Vice President and CFO Conference Call Participants Jeffrey Bernstein - Barclays Alex Slagle - Jefferies Jeff Farmer - Gordon Haskett Brian Mullan - Piper Sandler...

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 weaker-than-expected second-quarter earnings and lowered its full-year guidance. The company had net income of $28.4 million, or 42 cents a share, for the quarter, down from $68.3 million, or 70 ce...

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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 sizeable chunk of the debt maturing in 2025 was shed from the company's balance sheet in the process. The company is in discussions with interested parties regarding the sale of its Brazil business, ...

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 - Chief Executive Officer Michael Healy - Chief Financial Officer and Executive Vice President, Global Business Development Conference Call Participants Jeffrey Bernstein - Barclays Capital LLC Alexa...

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 separate announcement, the owner of Outback Steakhouse, Carrabba's Italian Grill and Bonefish Grill announced that Chief Executive Officer David Deno will be retiring after 12 years with the company, i...

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 as CEO and a member of the Board of Directors. Deno will continue in his current role until a successor is named and a successful transition period is completed. The company's Board of Directors wil...