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0 -0.00201207243460767 -0.00160965794768608 0.000957746478873295 0.00241448692152912 0.00684104627766592 0.00932796780684104 0.0132796780684104
Stock impact report

Bloomin' Brands (BLMN): Strategic Moves to Revitalize Growth Amid Industry Challenges [Yahoo! Finance]

Bloomin' Brands, Inc. (BLMN) 
Last bloomin' brands, inc. earnings: 2/18 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Bloomin' Brands, Inc. (NASDAQ:BLMN)) stands against other best restaurant stocks to buy according to analysts. The restaurant industry has been challenged this year, with ingredient prices skyrocketing, rising operating expenses, and growing tipping fatigue. This has resulted in a shift in consumer preferences as Americans become more cautious about their spending patterns. READ ALSO: 11 Best Fast Food Stocks To Invest In Right Now and 7 Best Restaurant Dividend Stocks to Buy Now Quick-service restaurants are integral to American culture, with around 83% of the families in the country dining out at these at least once a week, and one-third of Americans consuming fast food daily. However, a recent survey revealed that about 78% of people consider fast food a ‘luxury' now and are cutting down on their consumption amid rampant inflation in the country. Increased commodity and supply chain costs have also hurt the broader restaurant industry through surging menu prices, prompting Show less Read more
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