Outback Steakhouse has already closed 21 locations and plans more as Bloomin' Brands rolls out a major turnaround strategy.

Outback Steakhouse has seen sales slowly start to improve as the steakhouse chain reopens restaurants across the country. Same-store sales for the chain known for its accessibly-priced cuts of beef ...

Bloomin’ Brands chief executive officer Mike Spanos spent most of the company’s quarterly conference call on Wednesday discussing efforts to improve operations and customer satisfaction at the company ...

Outback Steakhouse’s parent company abruptly closed 21 restaurants across the country in October as part of a sweeping cost-cutting plan. Bloomin’ Brands said in an earnings filing Thursday that the ...

Bloomin’ Brands stock soared by nearly 45% on Wednesday after the company reported momentum at Outback Steakhouse, as well as ...