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The first Outback Steakhouse location was opened on March 15, 1988, in Tampa, Florida. Canadian Outback Steakhouse restaurants began in 1996. In March 2009, Outback Steakhouse Canada abruptly closed all nine locations in the province of Ontario, citing poor economic conditions, but in June 2009, Outback Steakhouse opened a location in Niagara Falls, Ontario, with a second location later ...
The Carrabba's Italian Grill was launched in 1993. The company's international expansion began with the first Outback Steakhouse to open in Canada. Revenues for the company exceed $1 billion for the first time. In 1998 the first units of Roy's Restaurant, Fleming's Prime Steakhouse & Wine Bar, and Lee Roy Selmon's open.
Chris T. Sullivan (born February 15, 1948, in Lake City, Florida) is one of the founders of Outback Steakhouse and OSI Restaurant Partners, LLC. [1] He also formerly held the titles of director and chairman. He is currently a board member at Bloomin' Brands.
Bloomin’ Brands, the owner of Outback Steakhouse and several other well-known restaurant chains, has shut the doors on 41 locations. The company, on an earnings call, surprised investors with ...
On March 31, 2011, Priszm, owner of Pizza Hut in Canada, went into bankruptcy protection in Ontario and British Columbia. [20] In 2015, the oldest continuously operating Pizza Hut, which was the restaurant located in the Aggieville District of Manhattan, Kansas, closed after having opened as the 8th location in 1960. [15]
Activist investor Starboard Value has taken a nearly 10% stake in Bloomin' Brands, the parent company of restaurant chain Outback Steakhouse. Shares of Bloomin' Brands climbed more than 7% in ...
Sales in the fourth quarter at Outback struggled, sliding 0.3%, as well as at Bonefish, which fell 3%. Carrabba’s was actually a bright spot, with same-store sales up 2.5%.
PepsiCo divested the brands in 1997, and these consolidated as Yum! The company operates KFC, Pizza Hut, Taco Bell, WingStreet (Pizza Hut's chicken wing menu), and Habit Burger & Grill since 2020, except in China, where the brands are operated by another company known as Yum China. Yum! previously also owned Long John Silver's and A&W Restaurants.