Bloomin' Brands May Have A Debt Problem

2025-09-24 17:12:51 ET

Bloomin' Brands, Inc. ( BLMN ) hasn’t had a great year. Its share price was $16.76 a year ago and has now fallen to $6.94 as of September 22, which is a 58 percent drop. Now the question is whether this restaurant holding company can turn itself around. On September 10, it announced that its Outback Steakhouse restaurant would introduce a $12.99 appetizer platter with three items, as well as a new color-changing cocktail that comes with a collectible platypus and platypus egg. It’s also introducing several other new menu items....

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