Bloomin' Brands' Stock Continues Downward Trend Amid Competition and Economic Challenges

Bloomin' Brands' stock has declined 48% in 2025 and 12% since Nov. 5, with a turnaround strategy focused on Outback Steakhouse. The company reported a Q3 loss of $0.54 a share, worse than a year ago, but revenue was up 2.1% to $929 million. Outback is losing ground to competitors like LongHorn Steakhouse and Texas Roadhouse. The company has suspended its dividend and plans to invest $75 million in Outback restaurants over three years.