Continue to Site >>>

Outback Steakhouse

Operations

What can Bloomin' Brands expect from disgruntled shareholder Starboard Value?

 By Peter Romeo on Aug. 22, 2023

Restaurant Rewind: There could be a preview in the pressure Starboard put on Bloomin' arch-rival Darden Restaurants nine years ago.

Financing

In Bloomin' Brands, Starboard finds its next undervalued target

 By Jonathan Maze on Aug. 21, 2023

The Bottom Line: The activist investor, who shook up Darden and helped get Papa Johns back on its feet, may be just what the doctor ordered for one of the most overlooked restaurant companies on Wall Street.

Financing

Starboard Value takes a stake in Bloomin' Brands

By Joe Guszkowski on Aug. 18, 2023

The activist investor, which once won every seat on the Darden Restaurants' board, now owns nearly 10% of the Outback Steakhouse parent.

Food

After a pandemic break, restaurants added a lot of new menu items this summer

By Patricia Cobe on Aug. 03, 2023

Customers returned to dining out and operators greeted them with a record number of limited-time offers. The result was a summer of love on restaurant menus.

Financing

Tech and kitchen upgrades lift profits at Outback Steakhouse

By Joe Guszkowski on Aug. 01, 2023

Owner Bloomin’ Brands now plans to reinvest some of the earnings into boosting traffic, which fell 4% in the second quarter.

Food

Outback's new 'swicy' menu embraces the sweet-heat trend

By Patricia Cobe on Jul. 19, 2023

The “Sweet Heat Season” Menu runs through Oct. 31 at the casual-dining chain, with hot honey leading the food and drink lineup.

Consumer Trends

Consumers see full-service chains offering greater value today, even with inflation

By Peter Romeo on Jun. 27, 2023

A new American Consumer Satisfaction Index survey shows the public perceives the sector as offering better quality for the money.

Financing

Bloomin' finds no easy answers for traffic declines

By Joe Guszkowski on Apr. 28, 2023

After another quarter of negative transactions, executives said traffic growth is the company's top priority.

Marketing

Restaurant marketing is time-warping back to the future

By Restaurant Business Staff on Feb. 21, 2023

Restaurant Rewind: Old is new again as chains ranging from Outback to Wendy’s resurrect classic ad themes for another go. So where’s the beef in these new efforts?

Financing

Facing another year of inflation, Bloomin' comes up with $50M in savings

By Joe Guszkowski on Feb. 16, 2023

The Outback Steakhouse parent says new tech and kitchen equipment should help profits this year. But much will depend on traffic.

  • Page 2