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Benzinga
Benzinga
Business
Triveni Kothapalli

Outback Steakhouse Parent Bloomin' Brands Swallows Costs, Tightens Footprint

Lansing,,Michigan,,Usa,-,March,30,,2022:,Outback,Steakhouse,Restaurant

Bloomin’ Brands Inc. (NASDAQ:BLMN) shares fell Thursday after the company reported its third-quarter results.

The company operates a portfolio of more than 1,450 restaurants across 46 U.S. states, Guam and 12 countries, including Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill and Fleming’s Prime Steakhouse & Wine Bar.

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