[ad_1] An Outback Steakhouse truck sits parked outside a restaurant in New York. Daniel Acker | Bloomberg | Getty Images Business: Bloomin’ Brands owns and operates casual, upscale casual and…
Tag: Bloomin' Brands Inc
Outback Steakhouse owner’s stock rises after activist Starboard Value buys stake
[ad_1] An Outback Steakhouse truck sits parked outside a restaurant in New York. Daniel Acker | Bloomberg | Getty Images Shares of Outback Steakhouse owner Bloomin’ Brands rose 9% in…
Consumers are more likely to cut back on restaurant visits than trade down to fight inflation, report says
[ad_1] People sit outdoors at the Petite Crevette Restaurant on June 05, 2021 in the Brooklyn borough of New York City. Robert Nickelsberg | Getty Images During the Great Recession,…
Olive Garden parent Darden Restaurants bets on fine dining with $715 million Ruth’s Chris deal
[ad_1] A Ruth’s Chris Steak House in Miami, May 3, 2023. Joe Raedle | Getty Images News | Getty Images Olive Garden owner Darden Restaurants is betting on fine dining…
Starbucks earnings beat as China reverses same-store sales declines
[ad_1] Starbucks on Tuesday reported quarterly earnings and revenue that beat analysts’ expectations, fueled by better-than-expected international sales. In China, the company’s second-largest market, Starbucks saw its same-store sales increase…
Fast food reigns supreme as inflation weighs on pricier restaurants
[ad_1] A girl waiting in line to pick up an order at a McDonald’s restaurant. Oleksii Chumachenko | SOPA Images | Lightrocket | Getty Images Fast-food chains are looking like…
Stocks making the biggest moves premarket: Goldman, Pfizer, Cheesecake Factory, Alibaba and more
[ad_1] A Cheesecake Factory restaurant in Louisville, Kentucky. Andy Lyons | Getty Images Check out the companies making the biggest moves midday: Goldman Sachs — The bank slid more than…
Stocks making the biggest moves midday: Goldman Sachs, Morgan Stanley, Roblox, Alibaba and more
[ad_1] Brendan McDermid | Reuters Check out the companies making headlines in midday trading. Goldman Sachs — Shares of the Wall Street investment bank shed more than 7% after it…