Outback Steakhouse sales increases drive Bloomin' Brands 2Q results
Posted on Thursday, September 06 @ 12:47:05 EDT by rexpert

General Bloomin’ Brands Inc. reported Wednesday a 24-percent increase in profit, driven by sales increases at its core restaurant chains — a result chief executive Liz Smith attributed to limited-time offers, restaurant revitalization efforts and creative marketing campaigns.

The Tampa, Fla.-based company, which operates Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill, Fleming’s Prime Steakhouse and Wine Bar, and Roy’s posted net income of $17.4 million, or 16 cents per share, compared with earnings of $14 million, or 13 cents per share, in the same quarter a year ago.

Read more: http://nrn.com/article/outback-steakhouse-sales-increases-drive-bloomin-brands-2q-results?ad=news#ixzz25i1Q7X1j

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