Outback trims 2Q net loss to $88.1 million

TAMPA Fla. OSI Restaurant Partners, parent of the 972-unit Outback Steakhouse chain, on Friday reported a second-quarter net loss of $88.1 million as same-store sales at its four concepts fell.

The company trimmed losses in the second quarter, which ended June 30, from the same period a year ago, when it reported a net loss of $177.4 million.

Revenue for the second quarter fell 10.9 percent, to $905.8 million, from $1 billion in the same quarter last

Register to view the full article

Register to view this article

Already a member? .

TAGS: News
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