Miller Value Deep Value Strategy Established a Position in Bloomin’ Brands (BLMN) Amid Multi-Year Transformation
Miller Value Deep Value Strategy initiated a position in Bloomin’ Brands (BLMN) in Q1 2026, viewing it as a company undergoing a multi-year transformation. The strategy believes Bloomin' Brands, despite recent share price declines, has significant upside potential due to its turnaround plan, leadership changes, reinvestment in assets, and low valuation compared to its normalized earnings potential. They highlight the company's efforts to improve the Outback banner, enhance the balance sheet, and invest in technology and restaurant remodels.
https://www.insidermonkey.com/blog/miller-value-deep-value-strategy-established-a-position-in-bloomin-brands-blmn-amid-multi-year-transformation-1740090/