Bloomin' Brands, Inc. Stock News

Bloomin' Brands, Inc. (NASDAQ:BLMN ) Q3 2024 Earnings Conference Call November 8, 2024 8:30 AM ET Company Participants Tara Kurian - Vice President of Corporate Finance and Investor Relations Mike Spanos - Chief Executive Officer Michael Healy - Executive Vice President & Chief Financial Officer Conference Call Participants Jeffrey Bernstein - Barclays Alex Slagle - Jefferies John Ivankoe - JPM...

TAMPA, Fla.--(BUSINESS WIRE)--Bloomin' Brands, Inc. (Nasdaq: BLMN) today reported results for the third quarter 2024 (“Q3 2024”) compared to the third quarter 2023 (“Q3 2023”). CEO Comments “In my first 60 days, I have been impressed with the resiliency and capabilities of our team during two hurricanes, as well as the potential that I see in our iconic brands,” said Mike Spanos, CEO. “As I con...

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, ...