Outback Steakhouse owner abruptly shutters 21 restaurants in sweeping overhaul

Iconic steakhouse chain abruptly closes dozens of spots nationwide

Outback Steakhouse is suddenly shutting down dozens restaurants, and the trend shows no signs of stopping.

Outback Steakhouse abruptly closes more than 20 restaurants

The casual dining giant Outback Steakhouse has made sweeping, sudden changes to its restaurant footprint after shuttering 21 restaurants in October.

Bloomin’ Brands Closes 21 Outback Steakhouses Amid Turnaround

Bloomin’ Brands Inc. announced in its quarterly earnings report published on Nov. 6 that it shuttered 21 Outback Steakhouse locations in October and declined to renew the leases on 22 others in the wake of sagging same-store sales. Bloomin’ Brands, which also owns Carrabba’s Italian Grill, Bonefish Grill, and Fleming’s Prime Steakhouse & Wine Bar, reported a net loss of $45.8 million for the 13-week period ended Sept. 28 after taking a $33.2 mil…

Outback Steakhouse abruptly shutters 21 restaurants in sweeping overhaul

Outback Steakhouse abruptly closed 21 of its restaurants across the country in October as part of a sweeping cost-cutting plan by its parent company, Bloomin’ Brands.

More Outback Steakhouses expected to close in Bloomin’ Brands turnaround plan

Outback Steakhouse's parent company Bloomin' Brands closed 21 restaurants in the three-month period ending Sept. 28. More will close in coming months.