TAMPA Fla. Outback Steakhouse parent OSI Restaurant Partners LLC posted a third quarter of negative same-store sales and widening losses that it blamed on today’s harsh economic conditions. “The recent disruptions in the financial markets, including the subprime mortgage crisis and the bankruptcy or restructuring of certain financial institutions, pose challenges to our business as consumer confidence and spending, availability of credit, interest rates, foreign currency exchanges ...
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Contact: Desiree Torres Desiree.Torres@penton.com