OSI Restaurant Partners, Inc. Reports Comparable Store Sales
May 04 2006 - 9:00AM
PR Newswire (US)
TAMPA, Fla., May 4 /PRNewswire-FirstCall/ -- OSI Restaurant
Partners, Inc. (NYSE:OSI) today reported that comparable store
sales and average unit volumes for the Company's restaurant brands
for the four-week period ended April 29, 2006 compared with the
same four-week period in 2005 changed by approximately: Franchise
Company- and System-wide owned development joint Four weeks ended
April 29, 2006 venture Domestic comparable store sales (stores open
18 months or more) Outback Steakhouses -2.8% -1.6% -2.6% Carrabba's
Italian Grills -1.6% n/a -1.6% Bonefish Grills 1.9% 0.9% 1.8%
Fleming's Prime Steakhouse and Wine Bars 6.0% n/a 6.0% Roy's 1.1%
n/a 1.1% Domestic average unit volumes Outback Steakhouses -2.9%
-2.4% -2.8% Carrabba's Italian Grills -4.9% n/a -4.9% Bonefish
Grills -0.3% -9.7% -0.8% Fleming's Prime Steakhouse and Wine Bars
0.0% n/a 0.0% Roy's 2.1% n/a 2.1% Changes in comparable store sales
and average unit volumes for domestic, Company-owned restaurants
for the four-week period include year to year menu price changes of
approximately: Company-owned menu Four weeks ended April 29, 2006
price changes (1) Outback Steakhouses 0.1 % Carrabba's Italian
Grills 0.7 % Bonefish Grills 1.9 % (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 noted that declines in
comparable store sales at its Outback Steakhouses and Carrabba's
Italian Grills were significantly affected by considerable weakness
in all geographic regions during the last week of the reporting
period. STORE INFORMATION Restaurants opened Restaurants during the
open month ended as of April 30, April 30, 2006 2006 Outback
Steakhouses Company-owned - domestic 1 673 Company-owned -
international 1 107 Franchised and development joint venture -
domestic -- 106 Franchised and development joint venture -
international -- 42 Total 2 928 Carrabba's Italian Grills
Company-owned 2 207 Bonefish Grills Company-owned 2 99 Franchised 1
7 Total 3 106 Fleming's Prime Steakhouse and Wine Bars
Company-owned -- 40 Roy's Company-owned 1 22 Cheeseburger in
Paradise Company-owned -- 32 Lee Roy Selmon's Company-owned -- 4
System-wide total 8 1,339 The OSI Restaurant Partners, Inc.
restaurant system operates in 50 states and 21 countries
internationally. DATASOURCE: OSI Restaurant Partners, Inc. CONTACT:
Lisa Hathcoat or Dirk Montgomery, both of OSI Restaurant Partners,
Inc., +1-813-282-1225 Web site: http://www.outback.com/
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