Bloomin' Brands Faces Near-Term Pressure, Analyst Highlights Peer Brinker's Turnaround Roadmap

1. BofA downgraded BLMN from Neutral to Underperform, price target lowered to $13. 2. Bloomin’s transaction growth declined 2% annually, Outback revenue share expected to rise to 53%. 3. Competitors gaining market share due to Bloomin's slow growth in casual dining sector. 4. Margins remain strong despite declining volumes; pricing competitive against rivals. 5. Revenue and earnings projections are expected to face near-term pressure.