Activist investor Jana Partners announced Monday in a filing that it will nominate two people to the Bloomin’ Brands eight-member board of directors, and a third, if it’s an option.
Bloomin’ Brands has put itself up for sale, the company announced Wednesday morning during its third-quarter review.
Outback hinted in August that Tuesday’s news was coming. But you really have to stretch back further to understand why it’s not just another delivery announcement.
Be wary of “the drug of discounting.” That’s the message from Bloomin’ Brands chief executive officer David Deno.
Aussie Grill, a fast-casual concept from Bloomin’ Brands, operator of Outback Steakhouse, Carrabba’s, Bonefish, and Fleming's, is expected to open in April.
Bloomin’ Brands chief executive officer Liz Smith is confident the momentum Bloomin’ Brands—especially with Outback Steakhouse—has gained over the past eight quarters will continue in 201
Bloomin’ Brands chief executive officer Liz Smith saw no reason to downplay Outback’s recent performance.
Outback has, mostly, taken its business off the discounting track.
The first quarter of 2018 marked the fifth consecutive quarter of continued momentum for Tampa-based Bloomin’ Brands, said CEO Liz Smith during an April 26 earnings call.