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

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