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via wsj.comBusiness & Companies

Bloomin' Brands raises full-year profit outlook as Outback Steakhouse turnaround continues

FROM THE WIRE · WSJ.COM

Bloomin' Brands raised its full-year profit outlook and said its Outback Steakhouse chain continues to make progress on its turnaround plan.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishA raised full-year profit outlook can support the stock of a mid-cap restaurant chain.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Bloomin' Brands raised its full-year profit outlook.
  2. 02Its Outback Steakhouse chain continues to make progress on its turnaround plan.
  3. 03The turnaround plan is described as ongoing.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Bloomin' Brands, Inc.BLMNStock10.47 USDMarket closedtoday -4.56%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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