Neutral
Bloomin' Brands Restaurant Margin Squeeze & Guidance Cut Lowers Stock By 22% - Bloomin Brands ( NASDAQ:BLMN )
Q2 adjusted EPS of $0.33 exceeded consensus by $0.06 as revenue edged up 0.3% to $1.002 billion. Restaurant margins slid 200 bps to 12% amid inflation, insurance hikes and mix headwinds, fueling guidance cut and 22% stock drop. The next correction is closer than you think.