New insider activity at Bloomin’ Brands ( (BLMN) ) has taken place on March 5, 2025.
Director Julie T. Kunkel recently acquired 1,500 shares of Bloomin’ Brands stock, valued at $14,910. Additionally, EVP IT and CIO Rohit Lal purchased 10,000 shares, with a total worth of $96,200.
Recent Updates on BLMN stock
In the last 24 hours, Bloomin’ Brands has seen significant developments following its Q4 earnings call. The company reported mixed results, with strategic efforts to simplify operations and enhance guest satisfaction being overshadowed by challenges in sales performance and inflationary pressures. The refranchising deal in Brazil, retaining a 33% stake, is a strategic move to de-risk the business model. However, the company’s Q4 EPS exceeded consensus due to tax favorability, despite softer comps and lower restaurant margins. Analysts have lowered their price targets due to below-consensus 2025 guidance and a reduced dividend post-Brazil refranchising. Additionally, Bloomin’ Brands faces ongoing financial pressures, with a notable decline in comparable restaurant sales and significant inflationary pressures expected in 2025. Despite these challenges, the company is optimistic about its strategic initiatives, including menu simplification and technology investments, to drive future growth.
More about Bloomin’ Brands
YTD Price Performance: -21.57%
Average Trading Volume: 1,977,835
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $796.7M
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