For the second straight quarter, Bloomin’ Brands stock is soaring after the company reported encouraging results from Outback Steakhouse. In the quarter that ended on June 28, Outback’s same-store sales rose 1.4% year over year, their highest mark since the first quarter of 2023. It now expects companywide same-store sales growth of 1% to 2%, up from 0.5% to 2.5% previously. During the quarter, Outback hosted its first Managing Partners Conference since 2019. Same-store sales rose 1.7% at Carrabba’s Italian Grill, 8.1% at Bonefish Grill, and 1.6% at Fleming’s Prime Steakhouse & Wine Bar.