|Type||Wholly owned subsidiary|
Chris T. Sullivan
Number of locations
|1,319 (October 2021) |
|United States, Canada, Australia, Singapore, Malaysia, Brazil, China, Chile, Argentina, Costa Rica, Hong Kong, Indonesia, Japan, Mexico, South Korea, Taiwan, Philippines, Ecuador|
|Products||Australian themed American cuisine|
|Revenue||US$ 3.888 billion (2017)|
Outback Steakhouse is an Australian-themed American casual dining restaurant chain, serving American cuisine, based in Tampa, Florida. The chain has over 1,000 locations in 23 countries throughout North and South America, Asia, and Australia. It was founded in March 1988 with its first location in Tampa by Bob Basham, Chris T. Sullivan, Trudy Cooper, and Tim Gannon. It was owned and operated in the United States by OSI Restaurant Partners until it was acquired by Bloomin' Brands, and by other franchise and venture agreements internationally.
Canadian Outback Steakhouse restaurants began in 1996. In March 2009, Outback Steakhouse Canada abruptly closed all nine locations in the province of Ontario, citing poor economic conditions, but in June 2009, Outback Steakhouse opened a location in Niagara Falls, Ontario. A second location in Niagara Falls has been opened, but these are the only Outback Steakhouse locations operating in Canada.
Outback Steakhouse opened in the UK with a website at Outbackpom.com and locations in Birmingham, Basildon, Enfield, Romford, Stevenage and Staines. By September 2011, only its Basildon and Romford stores remained and this closed down on September 13, ending Outback's foray into the UK market.
On June 14, 2007, OSI Restaurant Partners completed a stock repurchase plan, and the company became privately held. In April 2012, Bloomin' Brands, the current owner of Outback Steakhouse, filed with the SEC to raise up to $300 million in an initial public offering.
Bloomin' Brands, Inc. became a publicly traded company on NASDAQ under the ticker symbol "BLMN."
Main article: Blooming onion
The Bloomin' Onion is a signature Outback item. It is a one-pound onion cut to 'bloom' open, breaded, deep-fried and served with mayonnaise-horseradish sauce. Other restaurants offer items similar to the Bloomin' Onion, as in Chili's Awesome Blossom (discontinued) and Lone Star Steakhouse & Saloon's Texas Rose. Many of the Bloomin' Onions have come under fire for high-calorie counts, sometimes going over 1,500 calories.
Outback Steakhouse has a program to support the communities in which its restaurants are located. They have also joined GroupRaise, a platform where non-profits can book restaurant fundraisers in their locations. On a national level, Outback partners with Heineken USA and their Heineken with a Heart program to raise funds for various organizations in these communities.
The company and its founders are major contributors, via the Outback Steakhouse PAC, to the Republican Party, contributing $303,015 and $334,197 for the 2000 and 2004 election cycles, respectively. The Outback Steakhouse PAC itself is one of the largest donors in the food and beverage sector, second only to the National Restaurant Association, which itself represents 300,000 restaurants.
Outback Steakhouse was the title sponsor of the Outback Champions Series tennis events and NCAA football's Outback Bowl. The sponsorship will last through 2020.
Outback is also a partner of the Tampa Bay Lightning and has a concession stand in Amalie Arena.
In 2012, Outback Steakhouse became a sponsor of the Ryan Newman and the No. 39 Chevrolet for Stewart-Haas Racing in the NASCAR Sprint Cup Series. In their first race as sponsor, Newman won the 2012 Goody's Fast Relief 500 at Martinsville Speedway. One of the promotions the company had with Newman is a free Bloomin' Onion on the Monday after a race in which Newman would finish in the Top 10. Kevin Harvick took over Outback's sponsorship and promotion in 2014 for two races in their No. 4, after Newman left the team to drive Richard Childress Racing's No. 31 car. The company also sponsored retired Sprint Cup Series driver and current Fox NASCAR announcer Jeff Gordon's No. 67 for the AC-Delco 200 in the Busch Series during the 1990 season.
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