nasdaqblmn
Bloomin’ Brands rocketed higher on strong results and guidance.The company raised its dividend by 71% and initiated a new buyback.The stock is cheap and could double in price to match the multiple of competitor Texas Roadhouse.5 stocks we like better than Bloomin’ BrandsBloomin’ Brands (NASDAQ:BLMN) is blossoming after years of rocky recovery in the post-pandemic world. The company just released results well above pre-pandemic levels and indicated business was thriving despite headwinds. The most telling detail of the report is the dividend. The company cut the dividend when the pandemic struc...
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The food services industry includes the facilities that serve meals and snacks to customers for eating away from home. Thus, this industry includes fast food outlets, cafeterias, full-service restaurants and other establishments that prepare and sell food to the general public for a profit. It was one of the industries that suffered heavily last year due to the coronavirus pandemic, but is now slowly returning to pre-pandemic levels. Let’s take a look at the ten biggest food services companies. Q3 2021 hedge fund letters, conferences and more Ten Biggest Food Services CompaniesWe have used the...
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