When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
DRI - Bloomin' Brands: A Dual-Pronged Strategy To Uncover Value
Darden Restaurants Inc.
Investment Thesis
Since its stock market debut in August 2012, shares of Bloomin' Brands, Inc. (BLMN) have gained only 36.3%, a mere 4.5% gain annually when compounded over the seven-year-period. Putting into context, the S&P SmallCap 600 Index more than doubled over the period. The stock has slipped nearly 7.0% this year (compared to 9.7% gain in the S&P SmallCap 600) and hit a 52-week low over the week. Fuelled by falling foot traffic after the removal of price discounting, Bloomin’ Brands has witnessed sliding sales amid restaurant closures and disposals, while its