Outback Owner Bloomin' Brands Cooks Up Bigger Margins, Stronger Sales And A Higher Forecast
Bloomin’ Brands Inc. (NASDAQ: BLMN ) stock surged Wednesday after the restaurant operator reported second-quarter results that exceeded Wall Street expectations and raised its full-year earnings outlook. The company owns and operates four restaurant chains: Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill a