Bloomin' Brands Stock Drops on Weak Guidance and Demand Concerns

Bloomin' Brands TodayBLMNBloomin' Brands$7.34 +0.09 (+1.17$6.09▼$24.50Dividend Yield8.17$13.75Add to WatchlistIn a month when most stocks have been down, Bloomin’ Brands Inc. NASDAQ: BLMN has been a standout performer. The stock was up over 17% heading into its first-quarter earnings on May 7. But weak guidance for the current quarter overshadowed a double beat, and BLMN stock fell 4.4%. Bloomin’ Brands is the parent company of popular national chains such as Outback Steakhouse ...