Outback Steakhouse, Inc. Reports Comparable Store Sales
April 06 2006 - 9:00AM
PR Newswire (US)
TAMPA, Fla., April 6 /PRNewswire-FirstCall/ -- Outback Steakhouse,
Inc. (NYSE:OSI) today reported that comparable store sales and
average unit volumes for the Company's restaurant brands for the
five-week period ended April 1, 2006 compared with the same
five-week period in 2005 changed by approximately: Franchise and
Company- development System- owned joint wide Five weeks ended
April 1, 2006 venture Domestic comparable store sales (stores open
18 months or more) Outback Steakhouses -2.2 % 0.2 % -1.9 %
Carrabba's Italian Grills -0.9 % n/a -0.9 % Bonefish Grills 1.0 %
2.2 % 1.1 % Fleming's Prime Steakhouse and Wine Bars 7.9 % n/a 7.9
% Roy's 2.7 % n/a 2.7 % Domestic average unit volumes Outback
Steakhouses -2.3 % -0.7 % -2.1 % Carrabba's Italian Grills -3.9 %
n/a -3.9 % Bonefish Grills -1.3 % -10.6 % -1.8 % Fleming's Prime
Steakhouse and Wine Bars 1.6 % n/a 1.6 % Roy's 3.7 % n/a 3.7 %
Changes in comparable store sales and average unit volumes for
domestic, Company-owned restaurants for the five-week period
include year to year menu price changes of approximately:
Company-owned menu Five weeks ended April 1, 2006 price changes (1)
Outback Steakhouses 0.1 % Carrabba's Italian Grills 0.7 % Bonefish
Grills 2.4 % (1) Reflects nominal amounts of menu price changes,
prior to any change in product mix because of price increases, and
may not reflect amounts effectively paid by the customer. Menu
price increases are not provided for Fleming's and Roy's as a
significant portion of their sales come from specials, which
fluctuate daily. The Company will provide additional details
regarding sales trends by region in its discussion of financial
results for the quarter ended March 31, 2006 during its conference
call on Thursday, April 20, 2006 at 8:30 a.m. Eastern Daylight
Time. STORE INFORMATION Restaurants opened Restaurants during the
open month ended as of March 31, March 31, 2006 2006 Outback
Steakhouses Company-owned - domestic 2 672 Company-owned -
international 3 106 Franchised and development joint venture -
domestic -- 106 Franchised and development joint venture -
international -- 42 Total 5 926 Carrabba's Italian Grills
Company-owned 2 205 Bonefish Grills Company-owned 4 97 Franchised
-- 6 Total 4 103 Fleming's Prime Steakhouse and Wine Bars
Company-owned -- 40 Roy's Company-owned 1 21 Cheeseburger in
Paradise Company-owned -- 32 Lee Roy Selmon's Company-owned -- 4
System-wide total 12 1,331 The Outback Steakhouse, Inc. restaurant
system operates in 50 states and 21 countries internationally.
DATASOURCE: Outback Steakhouse, Inc. CONTACT: Lisa Hathcoat or Dirk
Montgomery, both of Outback Steakhouse, +1-813-282-1225 Web site:
http://www.outback.com/
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