Bloomin Brands, Inc. (BLMN)

[big-yank]

Ruth's is nice, as well, but seems to cater to an older generation of retired expense accounter's who reminisce about the good old days on the corporate credit card. Fleming's is more a "clubby" kind of décor, similar to Capital Grille, and decidedly upscale from a Longhorn or BLMN's Outback. Flemings does a huge twilight lounge menu business with fabulous small plate items at very reasonable prices. They also have a highly advanced website reservation and follow-up system that makes Open Table look sickly, by comparison, and a clever electronic wine steward tablet that makes wine selection and food pairings quick and straightforward.

I used to own Mortons and Darden but prefer the upside here. If you are a Costco member you can purchase 2 $50 gift cards for $70 which according to my waiter on my last visit brings in a ton of business. It is a very creative cross-promotional venture.

I think BLMN has a real winner, here, plus their other properties seem well positioned for growth and expansion.

Anyone for shrimp on the barby?