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Eat Steak, Take Stake in Bloomin' Brands

Paul Price

is the owner of five well-known restaurant brands serving middle- to high-end casual dining. The broad market sell-off of May 23 knocked almost 9% off BLMN's already reasonably priced shares. At around $18.45, the stock trades now for almost 17% less than it did exactly six years earlier, when earnings per share were almost one-third lower than expected in 2019.