Should Bloomin’ Brands Be Worried As Fewer Diners Visit Restaurants?
- Tuesday, July 28, 2020, 7:12
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If you are an investor in casual dining chain Bloomin’ Brands, you might be concerned. After all, the stock has dropped nearly 48% this year (as of Jul 24, 2020), as quarantine measures reduced footfall in its outlets significantly. Q1 2020 (ending Mar 31) results showed a 10% drop in revenue…
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