Bear of the Day: Bloomin Brands (BLMN)

Zacks11-14

Bloomin’ Brands (BLMN), the parent company behind restaurant chains like Outback Steakhouse and Carrabba’s Italian Grill, has had a rough year. The stock has lost over 50% year-to-date, reflecting not...

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The stock has lost over 50% year-to-date, reflecting not...</p>\n\n<a href=\"https://finance.yahoo.com/news/bear-day-bloomin-brands-blmn-093000057.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bear of the Day: Bloomin Brands (BLMN)</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBear of the Day: Bloomin Brands (BLMN)\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-14 17:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/bear-day-bloomin-brands-blmn-093000057.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bloomin’ Brands (BLMN), the parent company behind restaurant chains like Outback Steakhouse and Carrabba’s Italian Grill, has had a rough year. The stock has lost over 50% year-to-date, reflecting not...</p>\n\n<a href=\"https://finance.yahoo.com/news/bear-day-bloomin-brands-blmn-093000057.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4209","symbol_name":"餐馆","start_time":0,"source_url":"https://finance.yahoo.com/news/bear-day-bloomin-brands-blmn-093000057.html","article_id":"2483942878","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/VyGg42pnbQnoT9JaJZemzA--~B/aD01MTM7dz02MjA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/b7c275b041290198e49d984db25f27e6"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2483942878","pubTimestamp":1731576600,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Additionally, Bloomin' Brands holds a Zacks Rank #5 , signaling downward pressure on earnings estimates. As new dining options arise almost daily, Bloomin’ Brands faces an uphill battle to reignite growth, making it a challenging time for the restaurant operator and its shareholders.Bloomin' Brands has seen its earnings outlook deteriorate sharply over the past two years, reflecting a lack of growth momentum and increasing challenges in the restaurant industry. This trend has intensified recently: current-quarter earnings estimates dropped a steep 28.4% in the past week alone, while fiscal 2024 estimates fell 9.6% over the same period.Additionally, the company’s Earnings ESP  stands at -20.2%, which indicates a high likelihood of missing expectations at the next quarterly report. This negative sentiment reflects the broader struggle Bloomin' Brands faces as it tries to regain consumer interest.The recent price action in Bloomin’ Brands stock is another red flag for investors. After a p","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4209":"餐馆","BLMN":"Bloomin' Brands"},"translate_title":"今日熊：Bloomin Brands(BLMN)","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BLMN":1},"content_text":"Bloomin’ Brands (BLMN), the parent company behind restaurant chains like Outback Steakhouse and Carrabba’s Italian Grill, has had a rough year. The stock has lost over 50% year-to-date, reflecting not only investor concerns but also stagnant sales growth over the past five years.\nAdditionally, Bloomin' Brands holds a Zacks Rank #5 (Strong Sell), signaling downward pressure on earnings estimates. As new dining options arise almost daily, Bloomin’ Brands faces an uphill battle to reignite growth, making it a challenging time for the restaurant operator and its shareholders.\nImage Source: Zacks Investment Research\nBloomin' Brands Stock and Earnings Estimates Crater\nBloomin' Brands has seen its earnings outlook deteriorate sharply over the past two years, reflecting a lack of growth momentum and increasing challenges in the restaurant industry. This trend has intensified recently: current-quarter earnings estimates dropped a steep 28.4% in the past week alone, while fiscal 2024 estimates fell 9.6% over the same period.\nAdditionally, the company’s Earnings ESP (Expected Surprise Prediction) stands at -20.2%, which indicates a high likelihood of missing expectations at the next quarterly report. This negative sentiment reflects the broader struggle Bloomin' Brands faces as it tries to regain consumer interest.\nImage Source: Zacks Investment Research\nBLMN Stock Price Breaks Down Below Support\n The recent price action in Bloomin’ Brands stock is another red flag for investors. After a prolonged period of consolidation lasting around four months, the stock failed to hold its support level, leading to a decisive breakdown.\nThis move below support signals a lack of buyer interest, with selling pressure overtaking demand. The breakdown suggests that the stock could continue its downward trajectory unless there is a significant catalyst or shift in market sentiment.\nInvestors should exercise caution as the lack of support levels below this range could lead to further declines if selling momentum persists.\nImage Source: TradingView\nShould Investors Avoid BLMN Stock?\nGiven Bloomin' Brands’ steep YTD losses, declining earnings forecasts, and recent technical breakdown, the company appears to be navigating a tough path forward. With increasing competition from new dining concepts and a volatile consumer environment, Bloomin’ Brands faces an uphill battle to regain investor confidence.\nFor investors, the company’s downward price action, coupled with weak earnings estimates and technical signals, suggests that caution is warranted. Without a clear growth catalyst or stabilization in its financial metrics, BLMN may struggle to recover in the near term. For those interested in the restaurant space, exploring other companies with stronger financials and growth trends could be a more favorable approach at this time.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nBloomin' Brands, Inc. (BLMN) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2483942878"}