Bloomin' brands exploring strategic alternatives including a possible sale

Bloomin' brands, inc. (nasdaqgs:blmn) announced it will look into putting itself up for sale. chief executive officer david deno said over the past few years that the company has improved its customer experience through restaurant makeovers, added pickup options and expanded use of delivery services such as doordash. it also has grown its footprint abroad. "we're looking at all different alternatives for our company, which potentially would include a sale of the company," deno told analysts. the bloomin' board of directors has retained bofa securities as its financial adviser as it looks at strategy options.
BLMN Ratings Summary
BLMN Quant Ranking