DiscoverMarkets & Money Today | 2 Min News | The Daily News Now!Bloomin' Brands Cuts Restaurants, Focuses on Steak Excellence
Bloomin' Brands Cuts Restaurants, Focuses on Steak Excellence

Bloomin' Brands Cuts Restaurants, Focuses on Steak Excellence

Update: 2025-11-06
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Bloomin Brands, parent of Outback Steakhouse, announces major restructuring: closing underperforming locations, focusing on steak excellence to boost traffic and improve financial performance, despite recent net loss and positive comparable sales growth for all brands.

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Bloomin' Brands Cuts Restaurants, Focuses on Steak Excellence

Bloomin' Brands Cuts Restaurants, Focuses on Steak Excellence