Bloomin' Brands downgraded by Barclays with a new price target
$BLMN
Restaurants
Consumer Discretionary
Barclays downgraded Bloomin' Brands from Overweight to Equal Weight and set a new price target of $13.00 from $19.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/27/2025 | $13.00 | Neutral → Underperform | BofA Securities |
| 1/7/2025 | $19.00 → $13.00 | Overweight → Equal Weight | Barclays |
| 12/5/2024 | $13.00 | Sell | Goldman |
| 11/11/2024 | Outperform → Mkt Perform | Raymond James | |
| 1/23/2024 | $26.00 | Overweight → Neutral | JP Morgan |
| 11/6/2023 | $29.00 → $28.00 | Strong Buy → Outperform | Raymond James |
| 10/19/2023 | $25.00 | Hold | Deutsche Bank |
| 8/2/2023 | Outperform → Mkt Perform | William Blair |
Q1 Diluted EPS of $0.50 and Q1 Adjusted Diluted EPS of $0.59 Bloomin' Brands, Inc. (NASDAQ:BLMN) today reported results for the first quarter 2025 ("Q1 2025") compared to the first quarter 2024 ("Q1 2024"). CEO Comments "We continue to make progress on our operating priorities to simplify the business and consistently deliver a great guest experience while balancing our longer-term priorities to turnaround Outback and drive sustainable sales and profit growth," said Mike Spanos, CEO. "We are navigating a choppy macro environment and are leaning in to our abundant everyday value offerings. This is reflected in our current guidance." Diluted EPS and Adjusted Diluted EPS The following table
Bloomin' Brands, Inc. (NASDAQ:BLMN) will release results for the fiscal first quarter ended March 30, 2025, on Wednesday, May 7, 2025, at approximately 7:00 AM EST, which will be followed by a conference call to review its financial results at 8:30 AM EST the same day. The call will be webcast live from the Company's website at http://www.bloominbrands.com under the Investors section. A replay of this webcast will be available on the Company's website after the call. About Bloomin' Brands, Inc. Bloomin' Brands, Inc. is one of the largest casual dining restaurant companies in the world with a portfolio of leading, differentiated restaurant concepts. The Company has four founder-inspired b
Q4 Diluted EPS of $(0.93) and Q4 Adjusted Diluted EPS of $0.38 Provides Full Year 2025 Financial Outlook 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. CEO Comments "In my first six months, I have become even more confident that we have iconic brands with a strong right to succeed in on-trend, large scale categories," said Mike Spanos, CE
4 - Bloomin' Brands, Inc. (0001546417) (Issuer)
4 - Bloomin' Brands, Inc. (0001546417) (Issuer)
4 - Bloomin' Brands, Inc. (0001546417) (Issuer)
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10-Q - Bloomin' Brands, Inc. (0001546417) (Filer)
8-K - Bloomin' Brands, Inc. (0001546417) (Filer)
4 - Bloomin' Brands, Inc. (0001546417) (Issuer)
4 - Bloomin' Brands, Inc. (0001546417) (Issuer)
4 - Bloomin' Brands, Inc. (0001546417) (Issuer)
Q1 Diluted EPS of $0.50 and Q1 Adjusted Diluted EPS of $0.59 Bloomin' Brands, Inc. (NASDAQ:BLMN) today reported results for the first quarter 2025 ("Q1 2025") compared to the first quarter 2024 ("Q1 2024"). CEO Comments "We continue to make progress on our operating priorities to simplify the business and consistently deliver a great guest experience while balancing our longer-term priorities to turnaround Outback and drive sustainable sales and profit growth," said Mike Spanos, CEO. "We are navigating a choppy macro environment and are leaning in to our abundant everyday value offerings. This is reflected in our current guidance." Diluted EPS and Adjusted Diluted EPS The following table
Bloomin' Brands, Inc. (NASDAQ:BLMN) will release results for the fiscal first quarter ended March 30, 2025, on Wednesday, May 7, 2025, at approximately 7:00 AM EST, which will be followed by a conference call to review its financial results at 8:30 AM EST the same day. The call will be webcast live from the Company's website at http://www.bloominbrands.com under the Investors section. A replay of this webcast will be available on the Company's website after the call. About Bloomin' Brands, Inc. Bloomin' Brands, Inc. is one of the largest casual dining restaurant companies in the world with a portfolio of leading, differentiated restaurant concepts. The Company has four founder-inspired b
Q4 Diluted EPS of $(0.93) and Q4 Adjusted Diluted EPS of $0.38 Provides Full Year 2025 Financial Outlook 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. CEO Comments "In my first six months, I have become even more confident that we have iconic brands with a strong right to succeed in on-trend, large scale categories," said Mike Spanos, CE
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As Part of Planned Transition, Co-Founder Scott Svenson Becomes Executive Chairperson MOD Super-Fast Pizza Holdings, LLC ("MOD Pizza", "MOD" or the "Company"), the purpose-led, people-first, fast casual pizza pioneer, today announced Beth Scott has joined the Company as Chief Executive Officer and a member of the Board. Scott Svenson, who co-founded MOD in 2008 with his wife Ally and has led the business for the past 15 years, will assume the role of Executive Chairperson. In his new role, Scott Svenson will remain fully committed to MOD with a focus on supporting Beth Scott and the leadership team, while also leading the Board. This press release features multimedia. View the full relea
Company and Starboard Enter into Cooperation Agreement Bloomin' Brands, Inc. (NASDAQ:BLMN) today announced the appointment of Dave George, former Chief Operating Officer of Darden Restaurants, and Jon Sagal, Partner at Starboard Value LP (together with certain of its affiliates, "Starboard"), to the Company's Board of Directors, effective immediately. These appointments have been made in connection with a cooperation agreement entered into between the Company and Starboard, which owns approximately 9.7% of the Company's outstanding common stock, and reflect the Company's ongoing commitment to constructive shareholder engagement. R. Michael Mohan, Chairman of the Board of Bloomin' Brands
Bloomin' Brands, Inc. (NASDAQ:BLMN) today announced the appointment of Suzann Trevisan to Senior Vice President, Chief Human Resources Officer for Bloomin' Brands. Trevisan will lead the company's Human Resources function and join the Executive Leadership Team. "Suzann's depth is grounded in talent management, total rewards and diversity, the foundation of every great human resource practice," said David Deno, Chief Executive Officer of Bloomin' Brands. "I look forward to working with her to build upon our existing strong culture of excellence and to support our long-term growth plan." Trevisan most recently served as the Vice President of Human Resources, Composites at Owens Corning wher
BofA Securities downgraded Bloomin' Brands from Neutral to Underperform and set a new price target of $13.00
Barclays downgraded Bloomin' Brands from Overweight to Equal Weight and set a new price target of $13.00 from $19.00 previously
Goldman initiated coverage of Bloomin' Brands with a rating of Sell and set a new price target of $13.00