Outback Steakhouse

Bloomin' Brands, owner of Outback Steakhouse, reported a stock surge after exceeding earnings expectations and increasing its full-year adjusted EPS guidance to 90 cents–$1 from 75 cents–90 cents.

Bloomin’ Brands Inc. reported Q2 net income of $31.3 million with 36 cents per share profit, exceeding Wall Street’s 28 cents per share estimate. Revenue reached $1.02 billion, above expectations of $999.1 million. The company anticipates a loss for the current quarter but forecasts full-year earnings between 90 cents to $1 per share.

Cracker Barrel CEO Julie Masino will step down next month after a rebranding effort that removed the 'Old-Timer' logo and Southern-themed decor faced public backlash. She will be replaced by David Deno, former Bloomin’ Brands CEO, who will oversee the company’s return to its traditional branding. Shareholders had previously attempted to remove Masino, and she will receive $4.6 million in severance.

Cracker Barrel announced Julie Masino will step down as CEO on August 10, to be succeeded by David Deno, former CEO of Bloomin' Brands. Masino will remain in an advisory role until October 9. Deno expressed enthusiasm about leading the company, highlighting its iconic status and potential.

Cracker Barrel CEO Julie Masino is stepping down after a rebranding effort, including a controversial logo change, led to customer backlash and declining sales. David Deno, former CEO of Bloomin’ Brands, will replace her as CEO in August. The company reversed the logo change after public criticism, including from Donald Trump, but same-store sales dropped significantly.

Cracker Barrel's CEO Julie Masino is stepping down next month following a rebranding effort that caused customer backlash and declining sales. David Deno, former CEO of Bloomin' Brands, will replace Masino on August 10. The company reversed its logo change after protests but continues to face sales challenges, with same-store sales down 1.8% in the fiscal third quarter.

Cracker Barrel's CEO Julie Masino is stepping down next month after a rebranding effort led to customer backlash and declining sales. David Deno, former CEO of Bloomin' Brands, will replace Masino as CEO on August 10. The company's attempt to simplify its logo and modernize restaurants last August caused protests, sales to drop, and the changes were reversed, though sales continued to decline.

A family of four tried Outback Steakhouse's $55 Bloomin' Bundle meal deal, which included steak, sides, salad, and honey-wheat bread. They found the generous portions and well-cooked steak to be a great value despite limited side options.

A woman is suing Outback Steakhouse for $1.5 million, claiming she slipped on mashed potatoes. The complaint alleges the mashed potatoes created an unreasonably dangerous condition for visitors.

An Outback Steakhouse customer is suing the restaurant for $1.5 million after allegedly face-planting over 'slippery' mashed potatoes. The incident reportedly occurred during a meal at the establishment.

A Virginia woman is suing Outback Steakhouse for $1.5 million, claiming she suffered serious injuries after slipping on what appeared to be mashed potatoes at the restaurant.