TAMPA Fla. OSI Restaurant Partners Inc., parent company to Outback Steakhouse, Carrabba’s Italian Grill and seven additional concepts, recorded a 41.4-percent plunge in profit for its third quarter ended Sept. 30, as charges for impaired assets and restaurant closures weighed down a revenue increase of 8.9 percent. OSI, which operates or franchises 1,388 restaurants, earned $17.3 million, or 23 cents per share, versus year-earlier earnings of $29.5 million, or 38 cents a share. ...
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Contact: Desiree Torres Desiree.Torres@penton.com