Why Bloomin' Brands (BLMN) Is Among the Cheap Restaurant Stocks to Buy [Yahoo! Finance]
Bloomin' Brands, Inc. (BLMN)
Last bloomin' brands, inc. earnings: 2/18 07:00 am
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US:NASDAQ Investor Relations:
investors.bloominbrands.com/investor-relations
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Source: Yahoo! Finance
Bloomin' Brands, Inc. (NASDAQ:BLMN) stands against the other cheap restaurant stocks to buy. Soaring ingredient prices, operating expenses, and tipping fatigue have pressured the restaurant industry over the last few years. According to a report by National Public Radio (NPR) in August, the price of grocery items in the U.S. has grown 19% since the mid-2020s, compared to the cost of restaurant meals, which have risen by nearly 24%. READ ALSO: 10 Best Restaurant Stocks To Buy According to Analysts and 11 Best Fast Food Stocks To Invest In Right Now This has resulted in a shift in consumer preferences as Americans become more cautious about where they spend their money. A survey by Lending Tree in May 2024 has revealed that 78% of Americans now consider fast food, which is integral to American culture, a ‘luxury', forcing them to reassess their spending habits. Around 72% of the respondents said that they prefer having fast food during discount hours because of surge pricing in re
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News
- Healthy Takeout Market Growth Trends, Forecasts and Competitive Analysis to 2030 - U.S. Embraces Healthy Takeout with a Surge in Demand for Nutritious and Customizable Meals [Yahoo! Finance]Yahoo! Finance
- Bloomin' Brands (BLMN): Buy, Sell, or Hold Post Q3 Earnings? [Yahoo! Finance]Yahoo! Finance
- Bloomin' Brands, Inc. (NASDAQ: BLMN) is now covered by analysts at The Goldman Sachs Group, Inc.. They set a "sell" rating and a $13.00 price target on the stock.MarketBeat
- Is McDonald's open or closed on Thanksgiving 2024? Here's what you need to know [USA TODAY]USA TODAY
- Is Starbucks open or closed on Thanksgiving 2024? Here's what you need to know [USA TODAY]USA TODAY
BLMN
Earnings
- 11/8/24 - Beat
BLMN
Sec Filings
- 12/5/24 - Form 4/A
- 12/5/24 - Form 4/A
- 12/3/24 - Form 4
- BLMN's page on the SEC website