Bloomin Brands (NASDAQ:BLMN) Bolsa

Bloomin Brands

Bloomin Brands Inc operates as a casual dining restaurant company. The company's brand includes Outback Steakhouse, Carrabba's Italian Grill, Bonefish Grill, and Fleming's Prime Steakhouse and Wine Bar. The company owns and operates its restaurants, and the remainder is franchised. It derives revenue mainly from the United States, but the company has a presence in Brazil and South Korea with company-owned Outbacks and Carrabbas. In addition, it also has exposure to several countries, predominantly in Asia, principally through franchising. The Company aggregates its operating segments into two reportable segments, U.S. and international. The U.S. segment includes all restaurants operating in the U.S. while restaurants operating outside the U.S. are included in the international segment.

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Insiders de Lyft, Huntsman y Bloomin&#39; Brands realizan compras importantes de acciones. ¿Qué significa esto para los inversores?

Insider Trading: Compras en Lyft, Huntsman y Bloomin&#39; Brands

Bloomin Brands Inc

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Shares of restaurant companies are trading higher after the US and China agreed to a temporary reduction in most tariffs on each other's goods. This could alleviate supply chain uncertainty in the sector.

Shares of Bloomin&#8217; Brands Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLMN#NASDAQ">BLMN</a>) climbed in early Monday trading despite the company reporting a decline in first-quarter sales on Friday.
CEO Mike Spanos is identifying various investments that are "necessary for the longer-term vitality" of the company's different businesses, according to JPMorgan. 
The Bloomin&#8217; Brands Analyst: <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/587e33185064ed0001730304/john-ivankoe">Analyst John Ivankoe</a> maintained a Neutral rating and price target of $9.
The Bloomin&#8217; Brands Thesis: While the estimates for fiscal 2026 and 2027 reflect significant reinvestment, not all of this may be needed to "recapture lost share from peers," Ivankoe said in the note.
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
"The ongoing multi-market 14-store test is trying to assess the level of investment needed to drive traffic such as menu work (creating new menu items at a lower cost), making things easier and creating a more appealing environment," the analyst wrote.
While Bloomin&#8217; Brands aims to further simplify its menu, with the aim of doing "fewer things better," it recognizes Outback's variety of items drives incremental traffic, he added.
Management's second-quarter comp guidance of -2.5% to -1.5% reflects the "continuation of a choppy macro and cautious consumer," Ivankoe stated.
BLMN Price Action: At the time of publication on Monday, shares of Bloomin&#8217; Brands had risen by 14.18% to $8.34.
Read More: <a href="https://www.benzinga.com/content/45335074/bloomin-brands-stock-drops-on-weak-guidance-and-demand-concerns">Bloomin&#8217; Brands Stock Drops on Weak Guidance and Demand Concerns</a>
Photo: Shutterstock

Analyst Color

Earnings Misses

Reiteration

Analyst Ratings

Movers

Bloomin' Brands Invests For Longer-Term Growth, Will Do 'Fewer Things Better'

Barclays analyst Jeffrey Bernstein maintains Bloomin Brands (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLMN#NASDAQ">BLMN</a>) with a Equal-Weight and lowers the price target from $9 to $8.

Price Target

Barclays Maintains Equal-Weight on Bloomin Brands, Lowers Price Target to $8

Bloomin&#8217; Brands, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLMN#NASDAQ">BLMN</a>) reported first quarter adjusted earnings per share of 59 cents on Wednesday, beating the <a target="_blank" href="https://www.benzinga.com/pressreleases/25/05/b45248079/bloomin-brands-announces-2025-q1-financial-results" rel="noreferrer noopener">analyst consensus estimate of 56 cents.</a>
Quarterly sales of $1.05 billion (down 1.8% year over year) outpaced the street view of $1.03 billion.
The decrease in total revenues was primarily due to the net impact of restaurant closures and openings and a decrease in comparable restaurant sales.
Also Read: <a target="_blank" href="https://www.benzinga.com/general/restaurants/25/04/45021992/us-restaurants-face-growth-hurdles-as-macro-headwinds-mount-says-analyst" rel="noreferrer noopener">US Restaurants Face Growth Hurdles As Macro Headwinds Mount, Says Analyst</a>
Adjusted operating income margin in the quarter under review contracted to 6.1% from 7.8% in the year-ago period.&nbsp;
Adjusted restaurant-level operating margin contracted to 13.9% from 15.5% a year ago, primarily due to lower revenues, higher operating, labor, and commodity costs, primarily due to inflation, and unfavorable product cost mix.
On April 23, the firm declared a quarterly cash dividend of $0.15 per share, payable on June 4, to stockholders of record at the close of business on May 20.
The company exited the quarter with cash and equivalents worth $57.691 million, and total debt of $917.610 million.
Outlook: Bloomin&#8217; Brands expects the second quarter adjusted EPS of $0.22 and $0.27, which is far lower than the $0.36 consensus estimate. The company reaffirmed its full-year 2025 adjusted EPS guidance of $1.20 to $1.40, compared to the $1.30 estimate.
&#8220;We are navigating a choppy macro environment and are leaning in to our abundant everyday value offerings. This is reflected in our current guidance,&#8221; said Mike Spanos, CEO.
Price Action: BLMN shares are trading higher by 0.76% to $7.990&nbsp;premarket at last check Friday.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/general/restaurants/25/04/44907247/restaurant-sector-q1-volatilty-from-weather-inflation-analyst-lowers-price-targets" target="_blank" rel="noreferrer noopener">Restaurant Sector Q1 Volatility From Weather, Inflation — Analyst Lowers Price Targets</a></li>
</ul>
Photo via Shutterstock

Equities

Guidance

General

Outback Steakhouse Parent Bloomin Brands Q1 Earnings: Margin Contraction, High Debt, Weak Q2 Outlook

Bloomin' Brands shares are trading lower after the company issued Q2 adjusted EPS guidance below estimates.

Bloomin Brands Affirms FY2025 Adj EPS Guidance of $1.20-$1.40 vs $1.30 Est

Bloomin Brands Sees Q2 Adj EPS $0.22-$0.27 vs $0.36 Est

Earnings

Earnings Beats

Bloomin Brands Q1 Adj. EPS $0.59 Beats $0.56 Estimate, Sales $1.05B Beat $1.03B Estimate

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Earnings Scheduled For May 7, 2025

UBS analyst Dennis Geiger maintains Bloomin Brands (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLMN#NASDAQ">BLMN</a>) with a Neutral and lowers the price target from $13 to $8.5.

UBS Maintains Neutral on Bloomin Brands, Lowers Price Target to $8.5

Goldman Sachs analyst Christine Cho on Wednesday provided a preview of the first quarter for U.S. restaurants.
What Happened: U.S. restaurant companies faced a tough start to 2025, with weaker consumer sentiment, weather impacts and tariff uncertainties affecting performance, except for a few like Brinker International Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EAT#NYSE">EAT</a>).
Although first-quarter softness was expected, risks remain on the downside due to macroeconomic and policy uncertainties, as reflected in Chipotle Mexican Grill Inc.&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>) <a href="https://www.benzinga.com/25/04/44996394/chipotle-battles-slumping-sales-but-honey-chicken-boosts-hope-say-analysts">same-store sales growth miss and lowered guidance</a>.
These factors are likely to dominate investor attention during the earnings season, noted the analyst.
Despite no major changes in consumer intent for restaurant spending, recent adjustments to estimates reflect lower macroeconomic forecasts from GS economists, including slower GDP growth and a higher recession probability.
Restaurant sales trends are closely tied to consumer spending, and weaker macro conditions suggest lower comparable store-sales growth in the second half of 2025 and into 2026.
Inflation&#8217;s impact on margins is limited, and there&#8217;s a higher risk to global restaurant development plans, particularly in international markets, which could reduce long-term unit growth, the analyst said.
Economists predict a slowdown in U.S. GDP growth to 0.5% in 2025, down from 2.5% in 2024, with a 45% recession risk, up from 20% earlier in the year due to tightening financial conditions, foreign boycotts, and policy uncertainty.
Also Read: <a href="https://www.benzinga.com/news/earnings/25/04/44977669/pepsico-ceo-warns-of-tariffs-led-increase-in-supply-chain-costs-cuts-annual-profit-outlook">PepsiCo CEO Warns Of Tariffs Led &#8216;Increase In Supply Chain Costs,&#8217; Cuts Annual Profit Outlook</a>
The deceleration in consumer spending and macro headwinds are putting pressure on restaurant top-line growth, with varying impacts across different restaurant types.
Fast food restaurants show the lowest sensitivity to macroeconomic conditions, with higher resiliency compared to fast casual and full-service restaurants, which are more correlated with GDP and consumer discretionary spending.
Recent surveys show no significant shifts in consumer purchase intent for restaurants, with full-service restaurants seeing improvement compared to grocery stores, while limited-service restaurants have contracted in recent months.
What&#8217;s Next: Companies like Wendy&#8217;s Co (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WEN#NASDAQ">WEN</a>), Bloomin&#8217; Brands Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLMN#NASDAQ">BLMN</a>), Domino&#8217;s Pizza Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DPZ#NASDAQ">DPZ</a>), Wingstop Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WING#NASDAQ">WING</a>), Yum! Brands Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YUM#NYSE">YUM</a>), and Jack In The Box Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JACK#NASDAQ">JACK</a>) have higher lease-adjusted net leverage, with Starbucks Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>) and Domino&#8217;s facing notable near-term debt maturities.
Slower same-store sales growth and higher build costs are expected to hurt franchisee profitability and reduce demand for new stores.
Many fast food chains anticipate slower unit expansion in 2025, with Jack in The Box planning major cutbacks and closures, while fast casual/casual dining brands remain mostly on track.
Potential U.S. tariffs may raise domestic build costs, while international growth faces challenges from weaker global demand and rising anti-U.S. brand sentiment.
U.S. tariff actions and foreign policy stances have damaged international perceptions of the U.S., raising concerns about reduced demand for American brands.
While it&#8217;s too soon to measure definitive consumer pullback, monitoring sentiment is increasingly important for U.S. brands abroad.
Morning Consult data shows a YTD decline in U.S. favorability across most tracked countries, particularly Canada, Western Europe and Mexico.
Despite rising anti-U.S. sentiment globally, current data indicates no strong link between U.S. tariffs and Chinese consumer attitudes toward U.S. brands.
Read Next: • <a href="https://www.benzinga.com/news/25/04/45011035/meta-booz-allen-launch-space-llama-ai-system-for-space-station-operations">Meta, Booz Allen Launch &#8216;Space Llama&#8217; AI System For Space Station Operations</a>
Photo: Rawpixel.com via Shutterstock

Restaurants

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US Restaurants Face Growth Hurdles As Macro Headwinds Mount, Says Analyst

<h3>Gainers</h3>
<ul>
<li>Wag Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PET#NASDAQ">PET</a>) shares increased by 58.6% to $0.17 during Wednesday's after-market session. The market value of their outstanding shares is at $8.8 million. </li>
<li>Linkage Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LGCB#NASDAQ">LGCB</a>) shares rose 26.7% to $2.42. The company's market cap stands at $7.4 million. </li>
<li>QVC Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QVCGA#NASDAQ">QVCGA</a>) shares increased by 11.86% to $0.17. The market value of their outstanding shares is at $67.6 million. </li>
<li>ZHONGCHAO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZCMD#NASDAQ">ZCMD</a>) shares increased by 10.18% to $1.19. The company's market cap stands at $30.0 million. </li>
<li>REE Automotive (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REE#NASDAQ">REE</a>) stock moved upwards by 8.15% to $2.85. The company's market cap stands at $80.0 million. </li>
<li>Epsium Enterprise (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EPSM#NASDAQ">EPSM</a>) shares increased by 7.8% to $5.8. The market value of their outstanding shares is at $76.8 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>SRM Entertainment (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SRM#NASDAQ">SRM</a>) shares declined by 8.2% to $0.42 during Wednesday's after-market session. The company's market cap stands at $6.7 million. </li>
<li>Jack In The Box (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JACK#NASDAQ">JACK</a>) shares declined by 6.57% to $23.75. The market value of their outstanding shares is at $447.8 million. </li>
<li>Bloomin Brands (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLMN#NASDAQ">BLMN</a>) stock decreased by 5.89% to $7.92. The market value of their outstanding shares is at $672.6 million. </li>
<li>Springview Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPHL#NASDAQ">SPHL</a>) shares fell 5.04% to $0.45. The company's market cap stands at $5.1 million. </li>
<li>Worksport (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WKSP#NASDAQ">WKSP</a>) shares declined by 4.92% to $2.71. The company's market cap stands at $12.9 million. </li>
<li>Top Win International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TOPW#NASDAQ">TOPW</a>) shares declined by 4.88% to $2.66. The company's market cap stands at $66.2 million. 
See Also: <a href="http://www.benzinga.com/money/best-consumer-cyclical-stocks/" title="www.benzinga.com/money/best-consumer-cyclical-stocks/">www.benzinga.com/money/best-consumer-cyclical-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Consumer Discretionary Stocks Moving In Wednesday's After-Market Session

Barclays analyst Jeffrey Bernstein maintains Bloomin Brands (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLMN#NASDAQ">BLMN</a>) with a Equal-Weight and lowers the price target from $11 to $9.

Barclays Maintains Equal-Weight on Bloomin Brands, Lowers Price Target to $9

BofA Securities analyst Sara Senatore provides an analysis for restaurant sector performance in the first <a href="https://trello.com/c/f3PFGoRF/331021-restaurants-q1-previewbofa">quarter</a>.
Restaurant demand showed mixed results due to weather and a calendar shift, said the analyst. 
Black Box industry data revealed a deceleration in same-store sales growth (SSSG) across all segments from January to February, but March saw improvement, excluding Fine Dining. 
Restaurant spending growth improved in March, with chain spending recovering from -7.5% in February to -3.5%.
Independent restaurants saw a rise in spending, from -2.7% in February to +1.3%. The rebound was attributed to better weather and the impact of the calendar shift in February. 
In the first quarter, prices for soybeans, wheat and soybean oil continued to deflate, though at a slower rate than in the fourth quarter of FY24. 
Also Read: <a href="https://www.benzinga.com/news/25/04/44897010/chipotle-to-open-first-mexico-restaurant-by-2026">Chipotle To Open First Mexico Restaurant By 2026</a>
Coffee prices surged, increasing by 96.8% year-over-year, up from 56.8% in the fourth quarter. Beef inflation rose to 5.5%, compared to 1.3% in the previous quarter.
Cheese prices decreased by 1.8%, while dairy inflation slowed to 1.3%. Futures markets predict deflation in several commodities in the second quarter of 2025, but coffee, natural gas and beef are expected to see inflation, noted the analyst.
Restaurants index in the S&amp;P 500 is trading at 1.2x forward EPS, below its 5-year, 10-year and 15-year averages of 1.4x.
Industry data indicates a demand recovery in March after weak months in January and February. While consensus expectations for restaurants remain high, first-quarter results may fall short of estimates. 
Investors are focused on April trends and the potential impact of tariffs on consumer sentiment, traffic and COGS inflation.
So, keeping the above points in mind, the analyst has lowered the price targets for Bloomin&#8217; Brands Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLMN#NASDAQ">BLMN</a>), Dutch Bros Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BROS#NYSE">BROS</a>), Cheesecake Factory Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAKE#NASDAQ">CAKE</a>), Cracker Barrel Old Country Store Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CBRL#NASDAQ">CBRL</a>), Chipotle Mexican Grill Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>), Krispy Kreme Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DNUT#NASDAQ">DNUT</a>), Domino&#8217;s Pizza Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DPZ#NASDAQ">DPZ</a>), Brinker International Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EAT#NYSE">EAT</a>), Jack In The Box Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JACK#NASDAQ">JACK</a>), McDonald&#8217;s Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCD#NYSE">MCD</a>), Papa John&#8217;s International Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PZZA#NASDAQ">PZZA</a>), Restaurant Brands International Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QSR#NYSE">QSR</a>), Starbucks Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>), Sweetgreen Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SG#NYSE">SG</a>), Shake Shack Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHAK#NYSE">SHAK</a>), Sysco Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SYY#NYSE">SYY</a>), Texas Roadhouse Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXRH#NASDAQ">TXRH</a>), Wendy&#8217;s Co (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WEN#NASDAQ">WEN</a>), Wingstop Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WING#NASDAQ">WING</a>), and Yum! Brands Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YUM#NYSE">YUM</a>).
Read Next: • <a href="https://www.benzinga.com/news/25/04/44895043/target-rolls-out-standalone-flower-brand-good-little-garden">Target Rolls Out Standalone Flower Brand &#8216;Good Little Garden&#8217;</a>
Photo: <a href="https://www.shutterstock.com/g/Rawpixel">Rawpixel.com</a> via Shutterstock

PZZA

Restaurant Sector Q1 Volatilty From Weather, Inflation — Analyst Lowers Price Targets

<h3>Gainers</h3>
<ul>
<li>Birks Group (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/BGI#AMEX">BGI</a>) shares rose 12.2% to $1.01 during Wednesday's pre-market session. The market value of their outstanding shares is at $19.3 million. </li>
<li>Algorhythm Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIME#NASDAQ">RIME</a>) shares increased by 10.67% to $2.8. The market value of their outstanding shares is at $6.6 million. </li>
<li>Allurion Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALUR#NYSE">ALUR</a>) shares rose 9.29% to $2.62. The company's market cap stands at $15.6 million. </li>
<li>SAG Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAG#NASDAQ">SAG</a>) shares increased by 9.25% to $1.18. The company's market cap stands at $11.6 million. </li>
<li>TH International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/THCH#NASDAQ">THCH</a>) shares rose 8.13% to $2.79. The market value of their outstanding shares is at $88.1 million. The company's, Q4 earnings came out yesterday. </li>
<li>LiveWire Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LVWR#NYSE">LVWR</a>) shares increased by 7.37% to $2.33. The company's market cap stands at $474.0 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Lifetime Brands (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LCUT#NASDAQ">LCUT</a>) stock declined by 38.0% to $2.4 during Wednesday's pre-market session. The company's market cap stands at $53.1 million. </li>
<li>Cricut (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRCT#NASDAQ">CRCT</a>) shares declined by 16.46% to $4.01. The company's market cap stands at $852.3 million. </li>
<li>Bloomin Brands (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLMN#NASDAQ">BLMN</a>) stock fell 12.69% to $6.61. The company's market cap stands at $561.3 million. </li>
<li>Bassett Furniture Indus (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BSET#NASDAQ">BSET</a>) stock fell 9.25% to $15.42. The market value of their outstanding shares is at $135.7 million. </li>
<li>Aterian (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATER#NASDAQ">ATER</a>) stock decreased by 7.48% to $1.61. The company's market cap stands at $14.0 million. 
See Also: <a href="http://www.benzinga.com/money/best-consumer-cyclical-stocks/" title="www.benzinga.com/money/best-consumer-cyclical-stocks/">www.benzinga.com/money/best-consumer-cyclical-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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11 Consumer Discretionary Stocks Moving In Wednesday's Pre-Market Session

Several restaurant stocks are taking a beating on Thursday as broader markets tumble in reaction to sweeping reciprocal tariffs from <a href="https://www.benzinga.com/news/global/25/04/44632479/retail-stocks-slammed-as-trumps-tariff-plan-sends-shockwaves-through-sector">the Trump administration</a>.
What Happened: President Donald Trump announced new tariffs on several countries across the world on Wednesday, sending markets into a tailspin.
Restaurant stocks are getting hit particularly hard as restaurant chains typically source food machinery and packaging from China. Trump announced 34% tariffs on China this week. 
According to a Wall Street Journal <a href="https://www.wsj.com/livecoverage/trump-tariffs-trade-war-stock-market-04-03-2025/card/restaurant-stocks-slide-on-trump-s-new-duties-IrOe9ndIoLz9heJhUlgk">report</a>, many restaurant chains buy potatoes from Canada and often import meats from other countries. 
Starbucks Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>) has significant exposure to China as the company operates thousands of stores in the country. Starbucks had a total of 7,685 stores in China as of the end of 2024. The company is also a big coffee importer. Shares were down more than 11% at last check, per <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Chipotle Mexican Grill Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>) is also facing selling pressure as the company imports avocados from Mexico, Columbia and other countries globally. Chipotle shares were down about 3.5% at the time of writing.
Here&#8217;s a look at some other restaurant stocks moving lower Thursday:
<ul>
<li>Dutch Bros Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BROS#NYSE">BROS</a>) down 9.05% at $56.24</li>
</ul>
<ul>
<li>Shake Shack Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHAK#NYSE">SHAK</a>) down 11.7% at $83.69</li>
</ul>
<ul>
<li>CAVA Group Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAVA#NYSE">CAVA</a>) down 7.49% at $83.01</li>
</ul>
<ul>
<li>Bloomin&#8217; Brands Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLMN#NASDAQ">BLMN</a>) down 8.25% at $7.15</li>
</ul>
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<li>Cracker Barrel Old Country Store Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CBRL#NASDAQ">CBRL</a>) down 13.5% at $35.48</li>
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<li>Portillo&#8217;s Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTLO#NASDAQ">PTLO</a>) down 8.24% at $11.50</li>
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Photo: Shutterstock.

PTLO

Restaurant Stocks Are Getting Cooked Thursday As Trump Tariffs Rattle Markets

Last week, J.P. Morgan analyst John Ivankoe hosted Bloomin&#8217; Brands Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLMN#NASDAQ">BLMN</a>), CAVA Group Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAVA#NYSE">CAVA</a>), Brinker International Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EAT#NYSE">EAT</a>), and Sweetgreen Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SG#NYSE">SG</a>) at the J.P. Morgan Las Vegas forum.
The analyst noted that the key takeaway from all four companies was the focus on doing &#8220;fewer things better&#8221; and consistently reinvesting in customer and employee experiences.
According to the analyst, stock volatility has created opportunities, with the current 10-year yield of 4.3% helping global QSR valuations, easing fears of a 5-6% yield.
The analyst recommended adding fresh investments in Dutch Bros Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BROS#NYSE">BROS</a>), Starbucks Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>), and CAVA.
While McDonald&#8217;s Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCD#NYSE">MCD</a>) and Restaurant Brands International Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/QSR#NYSE">QSR</a>) are fairly valued, slower U.S. data and international growth may present better buying opportunities, per the analyst.
Yum! Brands Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YUM#NYSE">YUM</a>) exceeded expectations, benefiting from tech-fee recapture. Domino&#8217;s Pizza Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DPZ#NASDAQ">DPZ</a>) is fairly valued due to high expectations. It remains uncertain if the Middle East conflict&#8217;s impact will drive sustained sales growth or just a leveling out.
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The analyst upgraded the shares of CAVA to Overweight. CAVA has significant potential for expansion in the U.S., with impressive free cash flow generation and a strong pipeline of operational and brand initiatives to drive sales and profits.
The analyst reiterated a Neutral rating on Chipotle Mexican Grill, Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>) and EAT due to high valuations and peak comps, but remain cautiously optimistic and would consider adding on volatility.
Overweight-rated SG and Krispy Kreme Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DNUT#NASDAQ">DNUT</a>) face sales and profit challenges, with SG offering near-term potential through seasonal menus and loyalty programs.
Following YUM&#8217;s Taco Bell analyst day on March 4, which highlighted the &#8220;Byte by YUM!&#8221; platform and improving KFC international trends, the analyst conducted a full model review and a valuation reset.
Projections include Taco Bell U.S. growing to 9,000 units by 2030 and Taco Bell International expanding to 2,000 units. The analyst assumes KFC international (excluding China) will increase to 22,300 units, while KFC China will reach 19,400.
Compared to previous expectations, only BROS, DPZ, and Taco Bell (YUM) are performing ahead, while high-growth brands like CAVA, SG, Chili&#8217;s, and SBUX are on track.
Larger QSR brands like MCD, BK (QSR), KFC/PH (YUM), and fast-casual chains such as CMG and Shake Shack Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SHAK#NYSE">SHAK</a>) are underperforming. Casual dining brands like Darden Restaurants Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DRI#NYSE">DRI</a>) (Olive Garden), Texas Roadhouse Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXRH#NASDAQ">TXRH</a>) (Roadhouse), and BLMN (Outback) are also tracking lower.
The U.S. restaurant labor market remains stable, with open positions at 6.2% of total employment, close to the 20-year average of 4.4%. The quits rate stands at 3.8%, near the historical average of 4.0%.
Consumer confidence has declined, with a focus on the &#8220;expectations&#8221; component, as cautious consumers become more selective in discretionary spending.
Large QSR brands, like MCD and DPZ, report weaker performance among low-income consumers. In contrast, high-growth brands like CAVA are seeing strong growth in the lowest income quartiles, suggesting a shift toward QSR trade-ups and growing brand awareness.
According to the analyst, sourcing talent and retention remain key to building strong brands and scaling operations, mainly during the rapid adoption of in/out-of-store tech.
Total industry supply growth has remained surprisingly resilient, up 12% from third-quarter FY18 to third-quarter FY24 for a CAGR of ~2%, opined the analyst.
So much attention is placed on future AI driven opportunities, but the reality is 40% of the industry sales are from the top 500 chains with a very large addressable market of another 60% are considered to be independents, the analyst noted.
Tariffs are less of an issue for this sector than other industries but related inflation could impact several daily consumer staple commodities including avocados, seasonal produce/fruit and coffee, said the analyst.
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Image via Shutterstock.

Upgrades

Is Tariff An Issue For Restaurant Sector? J.P. Morgan Highlights Winners & Losers

Ratings for Bloomin Brands (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLMN#NASDAQ">BLMN</a>) were provided by 8 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">6</td>
<td align="right">1</td>
<td align="right">1</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">1</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $11.38, a high estimate of $13.00, and a low estimate of $9.00. Highlighting a 22.85% decrease, the current average has fallen from the previous average price target of $14.75. 
<img src="https://www.benzinga.com/files/images/story/2025/1742493654_0.png" alt="price target chart" />
<h2>Exploring Analyst Ratings: An In-Depth Overview</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive Bloomin Brands. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>John Ivankoe</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$9.00</td>
<td>$10.00</td>
</tr>
<tr>
<td>John Ivankoe</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$10.00</td>
<td>$13.00</td>
</tr>
<tr>
<td>Christine Cho</td>
<td>Goldman Sachs</td>
<td>Lowers</td>
<td>Sell</td>
<td>$10.00</td>
<td>$13.00</td>
</tr>
<tr>
<td>Andrew Strelzik</td>
<td>BMO Capital</td>
<td>Lowers</td>
<td>Market Perform</td>
<td>$12.00</td>
<td>$16.00</td>
</tr>
<tr>
<td>Jeffrey Bernstein</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$11.00</td>
<td>$13.00</td>
</tr>
<tr>
<td>Justin Post</td>
<td>B of A Securities</td>
<td>Lowers</td>
<td>Underperform</td>
<td>$13.00</td>
<td>$18.00</td>
</tr>
<tr>
<td>Dennis Geiger</td>
<td>UBS</td>
<td>Lowers</td>
<td>Neutral</td>
<td>$13.00</td>
<td>$16.00</td>
</tr>
<tr>
<td>Jeffrey Bernstein</td>
<td>Barclays</td>
<td>Lowers</td>
<td>Equal-Weight</td>
<td>$13.00</td>
<td>$19.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Bloomin Brands. This insight gives a snapshot of analysts' perspectives on the current state of the company.</li>
<li>Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Bloomin Brands compared to the broader market.</li>
<li>Price Targets: Analysts predict movements in price targets, offering estimates for Bloomin Brands's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Bloomin Brands's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/BLMN/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on Bloomin Brands analyst ratings.</a>
If you are interested in following small-cap stock news and performance <a href="https://www.benzinga.com/news/small-cap?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">you can start by tracking it here</a>.
<h2>Delving into Bloomin Brands's Background</h2>
Bloomin Brands Inc operates as a casual dining restaurant company. The company's brand includes Outback Steakhouse, Carrabba's Italian Grill, Bonefish Grill, and Fleming's Prime Steakhouse and Wine Bar. The company owns and operates its restaurants, and the remainder is franchised. It derives revenue mainly from the United States, but the company has a presence in Brazil and South Korea with company-owned Outbacks and Carrabbas. In addition, it also has exposure to several countries, predominantly in Asia, principally through franchising. The Company aggregates its operating segments into two reportable segments, U.S. and international. The U.S. segment includes all restaurants operating in the U.S. while restaurants operating outside the U.S. are included in the international segment.
<h3>Financial Insights: Bloomin Brands</h3>
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Decline in Revenue: Over the 3 months period, Bloomin Brands faced challenges, resulting in a decline of approximately -13.52% in revenue growth as of 31 December, 2024. This signifies a reduction in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Consumer Discretionary sector.
Net Margin: Bloomin Brands's net margin excels beyond industry benchmarks, reaching -13.3%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Bloomin Brands's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of -42.08%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): Bloomin Brands's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of -2.33%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: Bloomin Brands's debt-to-equity ratio is notably higher than the industry average. With a ratio of 16.79, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
<h2>What Are Analyst Ratings?</h2>
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Beyond The Numbers: 8 Analysts Discuss Bloomin Brands Stock

JP Morgan analyst John Ivankoe maintains Bloomin Brands (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLMN#NASDAQ">BLMN</a>) with a Neutral and lowers the price target from $10 to $9.

JP Morgan Maintains Neutral on Bloomin Brands, Lowers Price Target to $9

ABNB

DASH

EXPE

Shares of retail, restaurant and travel stocks are trading lower. The sector may be under pressure amid economic concerns due to tariff uncertainty, which could pressure consumer spending outlook. Additionally, investors may be assessing Feb. producer prices.

Press Releases

Bloomin' Brands Names Michael L. Spanos As Chief Executive Officer

Bloomin' Brands, Inc. to Host Fiscal 2024 Third Quarter Earnings
Conference Call at 8:30 AM EST on November 8, 2024

Bloomin' Brands Announces 2024 Q3 Financial Results

Pat Hafner Promoted to Executive Vice President, President of Outback Steakhouse

Bloomin' Brands, Inc. to Host Fiscal 2024 Fourth Quarter Earnings Conference Call at 8:30 AM EST on February 26, 2025

Jim Dinkins Joins Company Board of Directors

Kelia Bazile To Lead Carrabba's Italian Grill

Bloomin' Brands Announces 2024 Q4 Financial Results

Bloomin' Brands, Inc. to Host Fiscal 2025 First Quarter Earnings Conference Call at 8:30 AM EST on May 7, 2025

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