The Traderszone Network

Published in TZ Latest News 14 May, 2016 by The TZ Newswire Staff

Why Did Bloomin’ Brands, Inc. Stock Climb 11% in April?

What: Bloomin’ Brands (NASDAQ: BLMN), the parent company of Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill, and Fleming’s Prime Steakhouse & Wine Bar, met its Q1 sales expectations when it reported earnings on April 26, which was good enough for investors, who sent its shares flying after results were announced.

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Image source: YCharts.com.

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