Fans of the Outback Steakhouse chain will be disappointed to learn that its parent company, Bloomin’ Brands, has recently closed a number of locations.
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The closures are yet another sign that major restaurant chains are facing significant headwinds as costs increase and consumers grow increasingly cautious of how they spend their discretionary dollars. Here’s what you need to know.
Recently, Bloomin’ Brands, owner of Outback Steakhouse, closed a handful of chain’s locations. Many of these closures were first reported on social media and by local news outlets.
Outback Steakhouse is an Australian-themed casual dining chain that was first founded in 1988 and is headquartered in Tampa, Florida. The casual dining steakhouse is perhaps best known for its Bloomin’ Onion menu item, a deep-fried whole onion that is served with dipping sauce.
According to an August Form 10-Q filing with the US Securities and Exchange Commission (SEC), as of June 2025, Bloomin’ Brands, Inc. operated 557 company-owned Outback Steakhouse locations in the United States. There were also an additional 121 franchise locations.
Bloomin’ Brands is in the midst of a turnaround effort. Its stock price (Nasdaq: BLMN) has tumbled more than 42% this year and was trading at under $7 a share as of late Friday.
In total, Outback Steakhouse has locations in 44 states, according to the company’s store locator tool. The state with the most Outback Steakhouses is Florida, with 96 locations. California and North Carolina offer the next-most locations with 41 and 40 Outback Steakhouses, respectively.
Bloomin’ Brands has not publicly announced a full list of recent closures, but it confirmed with Fast Company that 10 locations have recently closed. The shuttered restaurants were located in eight states.
Some of these closures were reported earlier by USA Today. After a review of Outback Steakhouse’s store locator and listings on Yelp, Fast Company discovered additional closures.
“After a periodic review, we decided to close some locations,” a spokesperson for Outback Steakhouse said in a statement. “These are business decisions that are part of our ongoing turnaround plan. We considered a variety of factors, including sales and traffic, trade areas, and potential investments to improve performance. We are working to relocate as many of our team members as possible to nearby restaurants.”
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