Bloomin’ Brands stock slips after the close as BLMN investors brace for jobs fallout and CPI
Bloomin’ Brands shares closed down 0.4% at $6.94 Wednesday, trailing Darden and Brinker after a strong U.S. jobs report dampened hopes for near-term Fed rate cuts. Investors await Friday’s CPI data and Bloomin’ Brands’ earnings on Feb. 25 for further direction.