Outback Steakhouse

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Outback Steakhouse
TypeWholly owned subsidiary
IndustryRestaurants
GenreCasual dining
FoundedMarch 1988; 33 years ago (1988-03)
FoundersBob Basham
Trudy Cooper
Chris T. Sullivan
Tim Gannon
Headquarters
Tampa, Florida
,
U.S.
Number of locations
1,319 (October 2021) [1]
Area served
United States, Canada, Australia, Singapore, Malaysia, Brazil, China, Chile, Argentina, Costa Rica, Hong Kong, Indonesia, Japan, Mexico, South Korea, United Kingdom, Taiwan, Philippines, Ecuador
ProductsAustralian themed American cuisine
RevenueUS$ 3.888 billion (2017)
ParentBloomin' Brands
Websitewww.outback.com

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.[2] 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 under Outbackpom.com and operated in Birmingham, Basildon, Enfield, Romford, Stevenage and Staines. By September 2011, only its Basildon store 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.[3]

Bloomin' Brands, Inc. became a publicly traded company on NASDAQ under the ticker symbol "BLMN."[4]

Menu[]

Restaurant at Del Amo Fashion Center in Torrance, California in September 2007. This was relocated to the outdoor wing in 2018 and was redeveloped into Marshalls.

Bloomin' Onion[]

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.[5]

Other menu items[]

Outback also features a variety of steaks, seafood, and other American chain restaurant menu items from burgers to salads. While 'Outback Australian' cuisine is not especially well-defined, ordinary Australian foods that are well-defined are not represented in Outback Steakhouse's menu. Because of this, the chain can be considered to use the 'Australian' moniker for marketing purposes only, as a theme restaurant, without any real attempt to reflect Australian cuisine despite its visual merchandising's attempts to do otherwise.

Involvements[]

Community[]

Outback Steakhouse has a program to support the communities in which its restaurants are located.[6] They have also joined GroupRaise, a platform where non-profits can book restaurant fundraisers in their locations.[7] 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.

Political[]

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.[8][9] 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.[10]

Advertising[]

  • One of the two Outback blimps
    The company owns two blimps: the Bloomin' Onions I and II, both named after their appetizer.[11]
  • For several years, the company ran a media campaign with an Australian-themed variation of the Of Montreal composition "Wraith Pinned to the Mist (And Other Games)."
  • General (Ret) Tommy Franks sits on the Board Of Directors for OSI Restaurant Partners, INC., which owns Outback Steakhouse.[12]

Sports[]

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.[13]

Outback is also a partner of the Tampa Bay Lightning and has a concession stand in Amalie Arena.

Motorsports[]

The Outback Steakhouse Hummer vehicle

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.[14] 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.[15] 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.[16] 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.[17][18]

References[]

Notes
  1. ^ "Bloomin' Brands, Inc. 2015 Annual Report" (PDF). Archived from the original (PDF) on 2016-08-05. Retrieved 2016-06-12.
  2. ^ "Outback founders celebrate the first location in South Tampa". 13 March 2013.
  3. ^ "Outback Steakhouse owner Bloomin' Brands files for $300 million US IPO". Renaissance Capital. 9 April 2012.
  4. ^ "About the company" (PDF). 14 December 2015.
  5. ^ "Nutritional Information". Outback Steakhouse, INC!. Retrieved 2010-01-17.
  6. ^ "Archived copy". Archived from the original on 2010-11-20. Retrieved 2010-11-11.CS1 maint: archived copy as title (link)
  7. ^ "Outback Steakhouse Fundraiser | Find Fundraising Restaurants Near You".
  8. ^ "Soft Money Donations: Outback Steakhouse (2000)". The Center for Responsive Politics. Archived from the original on September 30, 2007. Retrieved 2006-08-26.
  9. ^ "Soft Money Donations: Outback Steakhouse (2004)". The Center for Responsive Politics. Archived from the original on September 30, 2007. Retrieved 2006-08-26.
  10. ^ "Food & Beverage PAC Contributions to Federal Candidates, 2003-2004". The Center for Responsive Politics. Archived from the original on 2007-09-30. Retrieved 2006-12-29.
  11. ^ "Outback Steakhouse Bloomin' Onion I Airship". Outback Steakhouse, INC. Archived from the original on 2006-05-03. Retrieved 2006-08-26.
  12. ^ "Inside The Company". OSI Restaurant Partners, INC. Retrieved 2006-08-30.
  13. ^ "Outback Steakhouse renews title sponsorship of Outback Bowl through 2020". WTSP. 2013-06-26. Archived from the original on 2013-08-05. Retrieved 2019-11-30.
  14. ^ Kurz, Jr., Hank (2012-04-01). "Newman wins wild finish at Martinsville Speedway". Yahoo! News. Retrieved 2013-08-05.
  15. ^ "OUTBACK STEAKHOUSE OFFERS FANS TASTY REASON TO CHEER FOR NEWMAN". Ryan Newman. 2012-12-24. Archived from the original on 2012-03-10. Retrieved 2013-08-05.
  16. ^ "2014 NASCAR Sprint Cup Series Paint Schemes - Team #4". Jayski's Silly Season Site. Archived from the original on 2014-06-16. Retrieved 2019-11-30.
  17. ^ "1990 NASCAR Busch Grand National Series Results". Racing-Reference. Retrieved 2013-08-05.
  18. ^ "Hallways To The Past". Gordon Online. 2011-10-20.

External links[]

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