Who Owns Outback Steakhouse?
Outback Steakhouse is owned by Bloomin' Brands Inc., a publicly traded American casual dining restaurant company headquartered in Tampa, Florida. Outback Steakhouse was founded in 1988 and is Bloomin' Brands' flagship brand. The chain operates over 700 locations globally and is known for its Australian-themed concept and quality steaks.
Parent Company
Bloomin' Brands Inc.
Founded
1988
Status
Publicly Traded
Headquarters
Tampa, Florida, USA
Who Owns Outback Steakhouse?
- Parent Company: Bloomin' Brands Inc.
- Ownership Type: Wholly owned
- Company Type: Publicly Traded
- Stock Ticker: NASDAQ: BLMN
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Outback Steakhouse | Bloomin' Brands Inc. | Wholly owned |
History of Outback Steakhouse
- Founded: 1988
- Founders: Bob Evans, Chris Sullivan
Outback Steakhouse was founded in 1988 by Bob Evans and Chris Sullivan in Tampa, Florida, with the opening of the first restaurant. This founding vision demonstrated exceptional insight into the growing demand for casual dining restaurants solutions while establishing a distinctive approach that would define the casual dining restaurants category for generations. The founders created a unique concept featuring an Australian theme combined with quality steaks and a casual, family-friendly atmosphere. This strategic positioning demonstrated Outback Steakhouse's exceptional ability to create differentiated casual dining restaurants solutions while maintaining consistent brand positioning and quality standards that would define the brand for decades. The concept proved immediately successful, differentiating itself from competitors through its distinctive theme and value proposition.
The brand expanded rapidly throughout the 1990s and 2000s, becoming one of the largest casual steakhouse chains in the United States. This period of excellence demonstrated Outback Steakhouse's exceptional ability to scale operations while maintaining consistent brand positioning and quality standards across multiple casual dining restaurants segments. Outback Steakhouse went public in 1991 and continued expanding both domestically and internationally. This strategic diversification demonstrated Outback Steakhouse's exceptional ability to serve multiple consumer segments while maintaining its core brand identity and market leadership in the casual dining restaurants industry. The brand became known for its signature Bloomin' Appetizer and commitment to quality beef at reasonable prices.
Throughout its history, Outback Steakhouse has maintained its Australian-themed concept while adapting menus and operations to local markets. This continued evolution demonstrated Outback Steakhouse's exceptional ability to maintain market relevance while adapting to changing casual dining restaurants requirements and technological advancements. The brand expanded internationally, establishing a strong presence in multiple countries. This continued excellence demonstrates Outback Steakhouse's exceptional ability to maintain market leadership while adapting to changing casual dining restaurants dynamics and regulatory requirements. This strategic integration demonstrated Outback Steakhouse's exceptional ability to integrate into larger casual dining restaurants corporations while maintaining its core brand identity and cultural significance in the steakhouse industry. Today, Outback Steakhouse operates over 700 locations globally and serves millions of customers annually, remaining Bloomin' Brands' largest and most recognizable brand. This continued success represents a significant milestone in the evolution of steakhouse and consumer-focused casual dining restaurants solutions. This strategic partnership demonstrated Outback Steakhouse's exceptional ability to leverage corporate resources while maintaining its distinct casual dining restaurants identity and market leadership. This continued excellence demonstrates Outback Steakhouse's exceptional ability to maintain market leadership while adapting to changing casual dining restaurants dynamics and regulatory requirements. This strategic integration demonstrated Outback Steakhouse's exceptional ability to integrate into larger casual dining restaurants corporations while maintaining its core brand identity and cultural significance in the steakhouse industry.
About Bloomin' Brands Inc.
Who owns Bloomin' Brands?
Bloomin' Brands is an independent publicly traded company with no parent company. The company trades on NASDAQ under BLMN and is owned by institutional investors and individual shareholders.
What restaurants does Bloomin' Brands own?
Bloomin' Brands owns Outback Steakhouse, Bonefish Grill, Carrabba's Italian Grill, and Fleming's Prime Steakhouse.
Is Bloomin' Brands publicly traded?
Yes. Bloomin' Brands trades on NASDAQ under the ticker symbol BLMN. The company went public in 2012.
What is Bloomin' Brands' turnaround strategy?
In November 2025, Bloomin' Brands announced a formal turnaround strategy focused on menu simplification, operational improvements, and cost reduction to address same-restaurant sales declines and margin pressure.
When was Bloomin' Brands founded?
The company traces its origins to 1988, when Chris Sullivan, Bob Basham, Tim Gannon, and Trudy Cooper opened the first Outback Steakhouse in Tampa, Florida. The holding company Bloomin' Brands went public in 2012.
How many restaurants does Bloomin' Brands operate?
Bloomin' Brands operates over 1,450 restaurants across its four brands in 46 states, Guam, and approximately 12 countries.
- Founded: 1988
- Headquarters: Tampa, Florida, USA
- Company Type: Publicly Traded
- Stock: NASDAQ: BLMN
Where Is Outback Steakhouse Made / Based?
- Headquarters: Tampa, Florida, USA
- Manufacturing / Operations: United States, Canada, Mexico, Australia, Brazil
Brands Owned by Bloomin' Brands Inc.
- Bonefish Grill - American casual dining seafood and grill restaurant chain owned by Bloomin' Bran...
- Carrabba's Italian Grill - American casual dining Italian restaurant chain, owned by Bloomin' Brands Inc....
- Fleming's Prime Steakhouse - American fine dining steakhouse chain specializing in premium steaks and upscale...
Outback Steakhouse Ownership: Pros & Cons
Advantages
- +Global casual dining network providing extensive market reach
- +Strong brand recognition with iconic Bloomin' Appetizer
- +Operational support and resources from Bloomin' Brands' shared services
- +Established supply chain and purchasing power for beef sourcing
- +Continuous innovation in menu development
- +Significant scale in casual steakhouse dining segment
Considerations
- -Franchise model creates variability in restaurant quality and service
- -Intense competition in the casual dining and steakhouse industry
- -Dependence on Bloomin' Brands' strategic decisions and resource allocation
- -Health concerns associated with casual dining consumption
- -Market saturation in some regions affecting growth potential
- -Changing consumer preferences toward healthier dining options
Frequently Asked Questions About Outback Steakhouse
Competitors to Outback Steakhouse
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Spur Corporation | South Africa | 1987 | Mass Market | Global | All Genders | |
| Famous Brands | South Africa | 1991 | Mass Market | Global | All Genders | |
| Hooters Of America | USA | 1983 | Mass Market | North America | All Genders | |
| Famous Brands | South Africa | 1992 | Mass Market | Global | All Genders | |
| Darden Restaurants | USA | 1982 | Mass Market | North America | All Genders | |
| Bloomin Brands | USA | 1988 | Mass Market | North America | All Genders |
Learn More About Competitors

John Dory's
Owned by Spur Corporation Limited
South African seafood casual dining restaurant chain, owned by Spur Corporation Limited.

Debonairs Pizza
Owned by Famous Brands Limited
South African pizza casual dining restaurant chain, owned by Famous Brands Limited.

Hooters
Owned by Hooters of America, LLC
American casual dining restaurant chain known for its seafood and American cuisine, featuring a distinctive brand identity.

Mugg & Bean
Owned by Famous Brands Limited
South African coffee shop and casual dining restaurant chain, owned by Famous Brands Limited.

Olive Garden Italian Restaurant
Owned by Darden Restaurants Inc.
American casual dining restaurant chain specializing in Italian-American cuisine, owned by Darden Restaurants Inc.

The Aussie Bar + Grill
Owned by Bloomin' Brands Inc.
Australian casual dining restaurant chain specializing in Australian cuisine and beer offerings, owned by Bloomin' Brands Inc.
Competitive Analysis
Market Positioning: Outback Steakhouse competes with 6 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
Bloomin' Brands Inc. Stock Information
Jobs at Bloomin' Brands Inc.
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