Bloomin' Brands Is Now A Potential Turnaround Stock (NASDAQ:BLMN)

Core Viewpoint - Bloomin' Brands (BLMN) is likely to cut its dividend due to financial constraints, as it cannot afford to pay the dividend and is utilizing cash from selling its restaurants [1] Group 1: Financial Performance - The company has been facing challenges that have led to the decision to potentially reduce its dividend payments [1] Group 2: Strategic Moves - Bloomin' Brands is selling its restaurants to generate cash, indicating a strategic shift to manage its financial obligations [1]