Bloomin' Brands traded at $6.13 this Friday April 24th, decreasing $0.26 or 4.07 percent since the previous trading session. Looking back, over the last four weeks, Bloomin' Brands lost 9.07 percent. Over the last 12 months, its price fell by 24.23 percent. Looking ahead, we forecast Bloomin' Brands to be priced at 6.00 by the end of this quarter and at 5.62 in one year, according to Trading Economics global macro models projections and analysts expectations.
Bloomin' Brands, Inc. is a holding company. The Company owns and operates casual, upscale casual and fine dining restaurants. The Company operates through two segments: U.S. and International. The U.S. segment includes all brands operating in the United States. The International segment includes brands operating outside the United States. The Company holds a portfolio of four restaurant concepts: Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill and Fleming’s Prime Steakhouse & Wine Bar. OSI Restaurant Partners, LLC (OSI) is the Company's primary operating entity. The Company owns and operates 1,157 restaurants and franchised 317 restaurants across 47 states, Guam and 20 countries. Its Outback Steakhouse is a casual steakhouse restaurant concept focused on steaks, bold flavors and Australian decor. Its Carrabba’s Italian Grill offers Italian cuisine dishes.