Deutsche Bank initiated coverage on Bloomin' Brands with a new price target
$BLMN
Restaurants
Consumer Discretionary
Deutsche Bank initiated coverage of Bloomin' Brands with a rating of Hold and set a new price target of $25.00
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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 |
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
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. "Kelia has a proven track record of creating and maintaining high executional standards that drive sales and a warm guest experience," said Mike Spanos, CEO of Bloomin' Brands, Inc. "She builds strong teams with a hospitality-first mindset and is a true servant leader." Bazile joined Bloomin' Brands in 2012 as a Joint Venture Partne
Bloomin' Brands, Inc. (NASDAQ:BLMN) today announced that James (Jim) Dinkins joined the company's Board of Directors effective February 12, 2025. With his appointment, the Board increases its size from ten to 11 members. Dinkins will stand for re-election at the 2025 annual stockholders meeting; he will also serve on the Board's Audit Committee. Dinkins currently serves as the Chief Executive Officer of The Honey Baked Ham Company LLC. He also held leadership roles with increasing responsibility at The Coca-Cola Company, including Group President, Coca-Cola North America, and Senior Vice-President of The Coca-Cola Company. He has an extensive general management background, having driven b
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
4 - Bloomin' Brands, Inc. (0001546417) (Issuer)
4 - Bloomin' Brands, Inc. (0001546417) (Issuer)
4 - Bloomin' Brands, Inc. (0001546417) (Issuer)
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
4 - Bloomin' Brands, Inc. (0001546417) (Issuer)
4 - Bloomin' Brands, Inc. (0001546417) (Issuer)
4 - Bloomin' Brands, Inc. (0001546417) (Issuer)
DEFA14A - Bloomin' Brands, Inc. (0001546417) (Filer)
DEF 14A - Bloomin' Brands, Inc. (0001546417) (Filer)
10-K - Bloomin' Brands, Inc. (0001546417) (Filer)
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
Bloomin' Brands, Inc. (NASDAQ:BLMN) will release results for the fiscal fourth quarter ended December 29, 2024, on Wednesday, February 26, 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 found
Q3 Diluted EPS of $0.08 and Q3 Adjusted Diluted EPS of $0.21 Updates Full Year 2024 Guidance Announces Strategic Re-Franchise of Brazil Operations 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 continue listening and learning during this evaluative period, it is clear to me that our path to sustainable sales and profit growth will be enabled by our team members executing a con
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SC 13G/A - Bloomin' Brands, Inc. (0001546417) (Subject)
SC 13G/A - Bloomin' Brands, Inc. (0001546417) (Subject)