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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BLMN
News
- Bloomin' Brands: Uncertain Near-Term Outlook To Weigh On Valuation [Seeking Alpha]Seeking Alpha
- Bloomin' Brands, Inc. (BLMN): A Bull Case Theory [Yahoo! Finance]Yahoo! Finance
- Bloomin' Brands: The Battle Of The Steakhouses Has Its Losers And Winners [Seeking Alpha]Seeking Alpha
- A Summer To Remember [Seeking Alpha]Seeking Alpha
- Fill Your Belly And Your Wallet? This High-Yield REIT Just Picked Up More Of A Popular Restaurant Chain [Yahoo! Finance]Yahoo! Finance
BLMN
Earnings
- 8/6/24 - Miss
BLMN
Sec Filings
- 9/11/24 - Form 3
- 9/5/24 - Form 4
- 9/5/24 - Form 4
- BLMN's page on the SEC website