Bloomin' Brands Stock Soars as Customers Rack Up Higher Checks -- WSJ
Dow Jones2026/08/05 12:33Bloomin' Brands raised its adjusted earnings outlook after a bigger average check size helped drive higher profit in the second quarter.
Shares in the restaurant company, which owns Outback Steakhouse, jumped about 27% in premarket trading.
Read the full article
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
August 05, 2026 08:33 ET (12:33 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Will a 10-year US Treasury yield rising to 5.5% "attack" US stocks? Societe Generale warns: this could be the valuation tipping point.
Bokobza, Global Head of Asset Allocation at Société Générale, pointed out that if the 10-year U.S. Treasury yield reaches 5.5%, corporate profit growth will not be sufficient to offset the impact of rising rates on valuations, and the stock market will face substantial pressure. However, he believes that the upcoming rate hikes by the Federal Reserve and the European Central Bank will be relatively limited and will not disrupt the current economic cycle.
Himalaya Shipping option holder exercises 25,000 shares at USD 5.83 strike price
IBI-Lion SOCIMI sets EUR 0.031-per-share capital return distribution