Outback Steakhouse is a chain of Australian-themed casual dining restaurants, serving American cuisine. Best known for grilled steaks, chicken, and seafood, Outback also offers a wide variety of crisp salads and freshly made soups and sides. The company was founded in March 1988 with its first location in Tampa, Florida. Outback Steakhouse was owned and operated by OSI Restaurant Partners until it was acquired by Bloomin' Brands. As of December 31, 2023 Bloomin’ Brands has 562 company-owned and 126 franchised Outback Steakhouse restaurants in the US, with an additional 155 company owned and 92 franchised restaurants in Brazil and South Korea.
Bloomin' Brands, Inc. (NASDAQ: BLMN) is one of the largest casual dining restaurant companies in the world with a portfolio of leading, differentiated restaurant concepts. As of December 31, 2023, they own and operate 1,189 restaurants and franchise 291 restaurants across 47 states, Guam and 13 counties. They have four founder-inspired concepts: Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill and Fleming’s Prime Steakhouse & Wine Bar. As of 2023, the company has a market cap of $2.44B, reported a total revenue of $4.67B and is headquartered in Tampa, FL.