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
- Sit-Down Dining Stocks Q3 Recap: Benchmarking Bloomin' Brands (NASDAQ:BLMN) [Yahoo! Finance]Yahoo! Finance
- Bloomin' Brands (BLMN): Strategic Moves to Revitalize Growth Amid Industry Challenges [Yahoo! Finance]Yahoo! Finance
- 7 Tips for Retirees To Give Great Holiday Gifts on a Tight Budget [Yahoo! Finance]Yahoo! Finance
- Utah loses sixth in row to lead Misery Index after college football's Week 12 [USA TODAY]USA TODAY
- Bear of the Day: Bloomin Brands (BLMN) [Yahoo! Finance]Yahoo! Finance
BLMN
Earnings
- 11/8/24 - Beat
BLMN
Sec Filings
- 11/12/24 - Form SC
- 11/8/24 - Form 10-Q
- 11/8/24 - Form SC
- BLMN's page on the SEC website