Bloomin' Brands could blossom in 2024

Key PointsBloomin' Brands had a solid quarter and widened margins, aiding the capital return outlook. The share repurchase authorization was increased and may reduce the share count significantly in 2024.Activist investors are involved with the company and may help it to blossom this year.  5 stocks we like better than Bloomin' BrandsBloomin’ Brands NASDAQ: BLMN served mixed results for Q4 and provided tepid guidance, but repositioning efforts have the restaurant stock set up to blossom in 2024. A massive c ...