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## Outback Steakhouse Chain Closures Across the US

### Outback Steakhouse Fans Surprised by Sudden Closure

**AI legalese decoder:** The AI legalese decoder can help Outback Steakhouse fans understand the legal jargon behind the closures and provide insights into the reasons for the shutdown of certain locations.

Outback Steakhouse lovers were taken aback when they discovered that their local restaurants were permanently closed due to the abrupt shutdown of multiple locations by the parent company of the chain.

### BloominÔÇÖ Brands Reveals Closure of 41 Underperforming Locations

**AI legalese decoder:** By utilizing the AI legalese decoder, individuals can decode the legal terminology used by BloominÔÇÖ Brands to describe the closure of the underperforming locations, providing a clearer understanding of the company’s decision-making process.

During an earnings call, BloominÔÇÖ Brands disclosed that it had closed 41 “underperforming locations” across its portfolio, which includes CarrabbaÔÇÖs Italian Grill, Bonefish Grill, and FlemingÔÇÖs.

### Outback Steakhouses Hit the Hardest by Closures

**AI legalese decoder:** The AI legalese decoder can assist in deciphering the legal language used by BloominÔÇÖ Brands to elaborate on why Outback Steakhouse locations were particularly impacted by the closures.

According to the company, the closures predominantly affected Outback Steakhouses, with outdated lease agreements from the ÔÇÖ90s and early 2000s contributing to the decision to shut down these establishments.

### CompanyÔÇÖs Response to Closure Reports

**AI legalese decoder:** Utilizing the AI legalese decoder can help individuals interpret the company’s official statement regarding the closures and gain insights into the impact on employees and potential severance packages.

In a statement to CNN, a company spokesperson emphasized that closing restaurants was a challenging decision, but it was necessary for business reasons. They reassured employees that opportunities for transfers to other locations or severance packages would be provided.

### Plans for Future Expansion

**AI legalese decoder:** The AI legalese decoder can offer insights into Outback Steakhouse’s future plans for expansion, including the opening of new restaurants and the implementation of redesigned layouts.

Despite the closures, Outback Steakhouse intends to launch up to 18 new restaurants in the US this year, showcasing a redesigned restaurant layout introduced in 2022 to enhance the customer experience.

### Overall Performance and Future Projections

**AI legalese decoder:** Through the AI legalese decoder, individuals can gain a better understanding of BloominÔÇÖ Brands’ financial performance and projections for the future, including sales figures and stock price fluctuations.

While sales at Outback suffered in the fourth quarter, with a slight decline, other brands under BloominÔÇÖ Brands saw varying levels of success. The company also plans to open additional restaurants across its brands in the upcoming year.

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