Outback Steakhouse parent Bloomin' Brands says it has not furloughed or laid off any staff during COVID-19 [MarketWatch]
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: MarketWatch
Outback Steakhouse parent Bloomin' Brands Inc. said Thursday it has not terminated or furloughed any workers during the COVID-19 pandemic and has continued to pay hourly workers and offer them free meals. "We hope to be able to continue providing these benefits and will reassess our ability to do so every two weeks," Chief Executive David Deno said in a statement. "In addition, I have suspended my salary, and the Board of Directors has suspended their cash retainers." The company, which also operates Carrabba's Italian Grill, Bonefish Grill and Fleming's Prime Steakhouse and Wine Bar, said it has grown sales each week since pivoting to off-premise sales only on March 20. It has stopped all non-essential spending, cut marketing costs and deferred nearly all capital spending. "These efforts have allowed us to minimize our ongoing cash burn, and we are confident about our ability to navigate the current environment," said Deno. Combined U.S. same-restaurant sales fell 10.4% in the first
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BLMN
News
- Bloomin' Brands (NASDAQ:BLMN) had its "sell (d)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- 1 Cash-Producing Stock to Keep an Eye On and 2 That Underwhelm [Yahoo! Finance]Yahoo! Finance
- Bloomin' Brands (NASDAQ:BLMN) was upgraded by analysts at Zacks Research from a "strong sell" rating to a "hold" rating.MarketBeat
- Bloomin' Brands: Still Cheap For A Reason [Seeking Alpha]Seeking Alpha
- 3 Restaurant Stocks We Think Twice About [Yahoo! Finance]Yahoo! Finance
BLMN
Earnings
- 11/6/25 - Beat
BLMN
Sec Filings
- 11/17/25 - Form 144
- 11/12/25 - Form 4
- 11/12/25 - Form 4
- BLMN's page on the SEC website