Bloomin’ Brands Inc. said on Friday morning that it has closed 43 underperforming restaurants amid persistently weak same-store sales at most of the company’s casual dining brands.
Same-store sales at its flagship Outback Steakhouse chain fell 4.8
percent, and declined 2.3 percent at Carrabba’s Italian Grill in the
quarter ended Dec. 25. Same-store sales fell 1.9 percent at Bonefish
Grill, but increased slightly, 0.2 percent, at Fleming’s Prime
Steakhouse. . . . more