Why Is Bloomin' Brands Stock Gaining Wednesday? - Bloomin Brands (NASDAQ:BLMN)

The company operates a portfolio of more than 1,450 restaurants across 46 U.S. states, Guam and 12 countries, including Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill and Fleming’s Prime Steakhouse & Wine Bar.Investors focused on management’s plans to improve restaurant performance and drive more sustainable long-term growth despite ongoing margin pressure.Quarterly MetricsThe company reported fourth-quarter adjusted earnings per share of 25 cents, in line with the analyst consensus estimate.Q ...