BLMN / Outback Steakhouse parent Bloomin's Brands stock slides after company lowers guidance in soft market

Bloomin' Brands (BLMN) came out with quarterly earnings of $0.44 per share, beating the Zacks Consensus Estimate of $0.41 per share. This compares to more_horizontal

Outback Steakhouse parent Bloomin' Brands Inc.'s stock BLMN, +0.55% tumbled 6.7% premarket Friday, after the company cut its full-year guidance to ref more_horizontal

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high f more_horizontal

Restaurant stocks corrected over the summer due to tepid guidance, setting up a new opportunity for income investors. The guidance calls for growth bu more_horizontal

Brian Vaccaro, restaurant analyst at Raymond James, joins 'The Exchange' to discuss signs of a decline in dining out, breakfast restaurants gaining sh more_horizontal

Bloomin' Brands is a casual dining restaurant chain that has made changes and improvements during the pandemic. BLMN's valuation is still attractive c more_horizontal

The firm could turn to its value-building playbook for restaurants in this latest engagement with Bloomin' Brands. more_horizontal

Andy Barish, Jefferies managing director, joins 'The Exchange' to discuss consumer spending in the restaurant sector. more_horizontal