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BLMN - Bloomin' Brands Offering More Than Just Sizzle
Bloomin' Brands Inc.
We recently highlighted two separate restaurant operators poised to excel during the widely-expected economic recovery. This week we’ve identified a third.
This casual dining firm has experienced major disruption to its operations, but investors who look past the temporary slowdown in business can still find great value long term. Bloomin’ Brands’ (BLMN) is this week’s Long Idea.
Bloomin’ Brands’ History of Profit Growth
Over the past seven years, Bloomin’ Brands has grown revenue by 1% compounded annually and core earnings by 1% compounded annually. More recently, Bloomin’ Brands has grown core earnings by