Outback Steakhouse parent Bloomin' Brands stock jumps 11% after better-than-expected fourth-quarter profit and upbeat guidance

Outback Steakhouse parent Bloomin' Brands stock jumps 11% after better-than-expected fourth-quarter profit and upbeat guidance

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Bloomin’ Brands Inc. stock soared 11% Thursday, after the parent of Outback Steakhouse beat profit estimates for the fourth quarter and offered guidance for 2023 that was well above consensus. The company BLMN, , which also operates Carrabba’s Italian Grill, Bonefish Grill and Fleming’s Prime…

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