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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 ...
In 1988 the first Outback Steakhouse was opened in Tampa, Florida. The company went public in 1991 as a 49-restaurant chain and changed its name to Outback Steakhouse, Inc. The Carrabba's Italian Grill was launched in 1993. The company's international expansion began with the first Outback Steakhouse to open in Canada.
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 ...
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%.
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 ...
In 1988, he co-founded Outback Steakhouse. [1] [2] In 2006, he created OSI Restaurant Partners, which operates Outback Steakhouse, Carrabba's Italian Grill, Bonefish Grill, Roy's Restaurant and Fleming's Prime Steakhouse & Wine Bar. [1] [2] He sits on the Advisory Board of Thayer Ventures. [1] [2] In 1994, Inc. named him Entrepreneur of the Year.
Outback is the largest steakhouse chain in America by location count (688 company-owned and franchised restaurants, as of Dec. 31, 2023) and the second-largest by sales—trailing only its ...