Powered by

A to-go order, perhaps

Nov 07, 2019 - Tampa Bay Times
Financial Results

Outback and Carrabba's owner Bloomin' Brands is exploring a possible sale.

TAMPA - Bloomin' Brands, the Tampa-based parent company of Outback Steakhouse, announced Wednesday it will look into putting itself up for sale.

Chief executive officer David Deno said over the past few years that the company has improved its customer experience through restaurant makeovers, added pickup options and expanded use of delivery services such as Doordash. It also has grown its footprint abroad.

Yet shareholder value hasn't matched the progress, he said during Wednesday's quarterly earnings ca...