Restaurant operator Bloomin' Brands (BLMN) — whose portfolio includes chains Outback Steakhouse and Carrabba's Italian Grill — is seeing shares slide lower Friday morning after cutting its full-year 2024 guidance.

Salad chain Sweetgreen (SG) missed third quarter estimates, citing headwinds stemming from higher costs while seeing same-store sales grow 6% year-over-year.

Brad Smith and Julie Hyman break down the stock action on these two restaurant chains.

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This post was written by Luke Carberry Mogan.