Why Wendy's, Shake Shack, and Bloomin' Brands Jumped Today [The Motley Fool]
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: The Motley Fool
What happenedShares ofWendy's(NASDAQ:WENShake ShackNYSE:SHAKBloomin' BrandsNASDAQ:BLMNAs of :0 p.m. EDT, Wendy's stock was up .%, while Shake Shack had gained 8.%, and Outback Steakhouse-parent Bloomin' Brands jumped 7.8%. At the same time, the 00Image source: Getty Images.So what surged as the National Institute of Allergy and Infectious Diseases, headed by Dr. Anthony Fauci, said a trial found that remdesivir has a significant and positive effect on reducing the recovery time from COVID-9.Investors applauded as the news showed progress on the medical front, which seemed to drive hopes that medical advances will help fight back against the economic havoc the pandemic has wrought.Elsewhere, a number of restaurant chains reported earnings that were better than feared. Chili's-parentBrinker InternationalOn the fast-food front, bothYum! BrandsStarbucksFor Wendy's, Shake Shack, and Bloomin' Brands, the paths to recovery look different.As a legacy fast-food business with a franchise model,
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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
- Why Bloomin' Brands (BLMN) Is Among the Cheap Restaurant Stocks to Buy [Yahoo! Finance]Yahoo! Finance
- Is McDonald's 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