Who Owns Bonefish Grill?

• Parent Company: Bloomin' Brands Inc.
• Ownership Type: Wholly owned
• Acquisition Year: 2001
• Company Type: Publicly Traded
• Stock Ticker: NASDAQ: BLMN

• Founded: 2000
• Founders: Bonefish Grill Inc.
• Acquired by Bloomin' Brands Inc.: 2001

• Founded: 1988
• Headquarters: Tampa, Florida, USA
• Company Type: Publicly Traded
• Stock: NASDAQ: BLMN
• Revenue: Approximately $4.0 billion (FY2025 estimated)
• Employees: Approximately 90,000

Visit Bloomin' Brands Inc. website

• Headquarters: Tampa, Florida, USA
• Manufacturing / Operations: United States, Canada

Bonefish Grill demonstrates strong commitment to environmental sustainability and ethical practices through seafood sourcing initiatives, marine conservation partnerships, and responsible business operations within Bloomin' Brands' broader sustainability framework.

Sustainable Seafood Sourcing: Bonefish Grill partners with industry organizations to improve traceability and transparency in seafood sourcing. The company requires all seafood suppliers to meet strong food safety, quality, and sourcing standards. As science and best practices evolve, Bonefish Grill continues to strengthen its approach to sustainable seafood, responding to growing consumer demand for wild-caught, sustainably sourced seafood options.

Environmental Conservation Partnerships: Bonefish Grill has established significant partnerships with environmental organizations, including The Nature Conservancy to help restore coral reefs through the Plant a Million Corals Initiative. The company recognizes that coral reefs are among the most threatened marine systems, with scientists estimating potential loss of up to 70% of coral reefs by 2050 without immediate action.

Marine Protection Initiatives: Bonefish Grill partners with the Bonefish & Tarpon Trust to promote conservation of saltwater fisheries, reflecting the brand's commitment to protecting the marine environments that provide the seafood featured in their restaurants. This partnership supports sustainable fishing practices and marine ecosystem preservation.

Responsible Supply Chain: The company emphasizes market-fresh fish from around the world, hand-cut in-house daily, ensuring quality while supporting responsible fishing practices. Bonefish Grill's focus on fresh ingredients extends to locally-created, seasonal Partner Selection dishes featuring the highest-quality and freshest ingredients from sustainable sources.

Community Engagement: Through its conservation partnerships and local sourcing initiatives, Bonefish Grill engages with communities to promote environmental awareness and sustainable practices. The company's name reflects its founders' love for catching, cooking, and serving fresh fish, connecting the brand to marine conservation efforts.

Corporate Sustainability Integration: As part of Bloomin' Brands, Bonefish Grill contributes to the parent company's sustainability initiatives and workplace recognition, including being named to Newsweek's "Greatest Workplaces for Diversity" and Forbes "Best Employers for Women" lists.

Bonefish Grill has achieved recognition for its seafood quality, sustainable sourcing practices, and position within Bloomin' Brands' successful casual dining portfolio, establishing itself as a premium seafood dining destination.

Sustainable Seafood Leadership: Bonefish Grill has been recognized for its leadership in sustainable seafood sourcing and environmental conservation partnerships. The company's collaboration with The Nature Conservancy and the Bonefish & Tarpon Trust demonstrates industry leadership in marine conservation and responsible seafood practices.

Quality and Freshness Recognition: The brand has received acclaim for its market-fresh fish approach, with fish hand-cut in-house daily and wood-grilled specialties that highlight ingredient quality. Restaurant industry publications have recognized Bonefish Grill for elevating the casual dining seafood experience through fresh preparation methods.

Menu Innovation Awards: Bonefish Grill's menu items that tell stories about sourcing and flavor evolution have been recognized for meeting consumer demand for transparency and authentic dining experiences. The brand's ability to connect menu items to conservation stories and sourcing practices has been acknowledged as innovative in the casual dining sector.

Bloomin' Brands Portfolio Success: Within Bloomin' Brands' portfolio of casual dining concepts, Bonefish Grill has been recognized as a strong performer contributing to the company's position as one of the world's largest casual dining companies with approximately 64,000 team members and more than 1,450 restaurants worldwide.

Workplace Recognition: As part of Bloomin' Brands, Bonefish Grill contributes to the company's recognition as an employer of choice, including being named to Newsweek's "Greatest Workplaces for Diversity" and Forbes "Best Employers for Women" lists, reflecting the brand's commitment to inclusive workplace practices.

Industry Position: Bonefish Grill maintains approximately 200 locations globally and has been recognized for its successful expansion and consistent performance in the competitive casual dining market, particularly in the seafood restaurant segment.

Bonefish Grill has faced some operational challenges and customer complaints, though no major recalls or widespread controversies have been reported. The brand has also been affected by broader industry challenges facing casual dining restaurants.

Food Safety Incidents: Individual customer reports of food poisoning have been documented, including cases where customers experienced extreme nausea, chills, and other symptoms after consuming meals at Bonefish Grill locations. These incidents appear to be isolated rather than widespread, but they highlight the ongoing challenges of food safety in the restaurant industry.

Health Department Inspections: Florida Health Department inspections have been conducted at Bonefish Grill locations, with the most recent inspection reported in September 2024. While routine inspections are standard for restaurant operations, any violations or concerns would impact the brand's food safety reputation.

Restaurant Closures: Bonefish Grill has been affected by Bloomin' Brands' strategic restaurant closures, with dozens of locations being shuttered as part of the parent company's turnaround strategy. Closed restaurants include locations in Newington and South Windsor, Connecticut, and Middletown, New Jersey, reflecting broader challenges in the casual dining sector.

Revenue Performance Challenges: In Q3 2024, Bonefish Grill and Outback Steakhouse posted lower revenue as U.S. restaurant industry challenges continued. These performance difficulties reflect broader industry trends rather than brand-specific issues, but they impact Bonefish Grill's operational stability and growth prospects.

Industry-Wide Challenges: The casual dining sector has faced significant headwinds including changing consumer preferences, increased competition, and economic pressures affecting dining out frequency. Bonefish Grill, as part of this sector, has faced these industry-wide challenges that have led to strategic adjustments and restaurant closures across the casual dining industry.

No Major Systemic Issues: Despite these challenges, Bonefish Grill has not experienced major systemic recalls, widespread food safety outbreaks, or significant legal controversies that would threaten the brand's fundamental operations or reputation.