OSI Restaurant Partners, Inc. Reports Comparable Store Sales
August 31 2006 - 9:00AM
PR Newswire (US)
TAMPA, Fla., Aug. 31 /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 August 26, 2006 compared with the
same four-week period in 2005 changed by approximately: Franchise
Company- and System-wide owned development joint venture Four weeks
ended August 26, 2006 Domestic comparable store sales (stores open
18 months or more) Outback Steakhouses -4.6 % -5.1 % -4.7 %
Carrabba's Italian Grills -5.2 % n/a -5.2 % Bonefish Grills -1.2 %
-7.7 % -1.7 % Fleming's Prime Steakhouse and Wine Bars 2.4 % n/a
2.4 % Roy's -3.6 % n/a -3.6 % Domestic average unit volumes Outback
Steakhouses -4.6 % -5.2 % -4.7 % Carrabba's Italian Grills -7.4 %
n/a -7.4 % Bonefish Grills -1.3 % -17.5 % -2.3 % Fleming's Prime
Steakhouse and Wine Bars -0.6 % n/a -0.6 % Roy's -4.1 % n/a -4.1 %
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 price changes (1) Four weeks ended August 26,
2006 Outback Steakhouses 0.8 % Carrabba's Italian Grills 0.6 %
Bonefish Grills 0.8 % (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 continued to note sales across
all concepts were negatively impacted by weakness in casual dining
segment traffic. Restaurants opened Restaurants during the open
month ended as of August 31, August 31, 2006 2006 Outback
Steakhouses Company-owned - domestic 4 681 Company-owned -
international 1 115 Franchised and development joint venture -
domestic 1 107 Franchised and development joint venture -
international -- 44 Total 6 947 Carrabba's Italian Grills
Company-owned 5 217 Bonefish Grills Company-owned 3 107 Franchised
-- 7 Total 3 114 Fleming's Prime Steakhouse and Wine Bars
Company-owned -- 42 Roy's Company-owned -- 22 Cheeseburger in
Paradise Company-owned 1 37 Lee Roy Selmon's Company-owned -- 5
Blue Coral Seafood and Spirits Company-owned 1 1 System-wide total
16 1,385 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 of OSI Restaurant Partners, Inc., +1-813-282-1225 Web
site: http://www.osirestaurantpartners.com/
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