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Stock impact report

Bloomin’ Brands Provides Business Update Related to the COVID-19 Pandemic

Bloomin' Brands, Inc. (BLMN) 
Last bloomin' brands, inc. earnings: 2/18 07:00 am Check Earnings Report
Company Research Source: Business Wire
TAMPA, Fla.--(BUSINESS WIRE)--Bloomin’ Brands, Inc. (Nasdaq: BLMN) today announced additional information resulting from the dynamic environment caused by COVID-19. As a result, we are providing a general business update from our CEO, recent and First Quarter 2020 preliminary sales results and details on cash utilization and liquidity.Statement from David Deno, Chief Executive OfficerThis past month has been an extraordinary time to lead and operate restaurants. Our priorities have centered on taking care of our people and serving food in a safe environment that protects both our Team Members and customers.We have always taken great pride in taking care of the over 90,000 employees who work in our restaurants, and those who support them at the Restaurant Support Center. We have not terminated or furloughed any employees as a result of COVID-19. For hourly employees impacted by the closure of our dining rooms, we have provided four weeks of relief pay to date and free meals for pic Show less Read more
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