TAMPA Fla. Outback Steakhouse parent OSI Restaurant Partners LLC reported Monday a fourth-quarter net loss of $506.4 million on a 10-percent drop in corporate revenue and millions in asset impairment charges for reduced goodwill and closed restaurants. OSI, which operates or franchises 1,491 restaurants, booked a net loss of $23.5 million in the fourth quarter a year earlier.The casual-dining company, which operates the 978-unit Outback Steakhouse brand, along with Carrabba’s Italian ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!
Questions about your account or how to access content?