Outback still struggling with slow sales

TAMPA Fla. In the first public look at Outback Steakhouse's financials since its parent company went private in a billion-dollar-plus buyout last year, it seems the casual-dining chain isn’t faring any differently than its peers.

Outback’s parent company, OSI Restaurants Partners LLC, booked negative revenue and same-store sales trends and a larger net loss than a year ago. It also recorded a $185.5 million provision for impaired assets and restaurant closures i

Register to view the full article

Register to view this article

Already a member? .

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish