OSI Restaurant Partners, Inc. Reports Comparable Store Sales
May 03 2007 - 9:00AM
PR Newswire (US)
TAMPA, Fla., May 3 /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 28, 2007 compared with the
same four-week period in 2006 changed by approximately: Franchise
and Company- development System-wide owned joint venture Four weeks
ended April 28, 2007 Domestic comparable store sales (stores open
18 months or more) Outback Steakhouses 1.5 % -2.3 % 1.0 %
Carrabba's Italian Grills 1.1 % n/a 1.1 % Bonefish Grills 0.5 % 3.4
% 0.7 % Fleming's Prime Steakhouse and Wine Bars 1.9 % n/a 1.9 %
Roy's 0.8 % n/a 0.8 % Domestic average unit volumes Outback
Steakhouses 1.6 % -3.1 % 0.9 % Carrabba's Italian Grills 0.2 % n/a
0.2 % Bonefish Grills -1.9 % 3.2 % -1.5 % Fleming's Prime
Steakhouse and Wine Bars -1.7 % n/a -1.7 % Roy's -0.2 % n/a -0.2 %
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 28, 2007 price changes
(1) Outback Steakhouses 0.5 % Carrabba's Italian Grills 3.2 %
Bonefish Grills 1.6 % (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. Company-owned comparable store sales for the
four-week period ended April 29, 2006 were -2.8%, -1.6%, 1.9%, 6.0%
and 1.1% for Outback, Carrabba's, Bonefish, Fleming's and Roy's,
respectively. STORE INFORMATION Restaurants opened/(closed) during
the Restaurants month ended open as of April 30, 2007 April 30,
2007 Outback Steakhouses Company-owned - domestic (1) 1 685
Company-owned - international 1 123 Franchised and development
joint venture - domestic 1 108 Franchised and development joint
venture - international 2 47 Total 5 963 Carrabba's Italian Grills
Company-owned 2 236 Bonefish Grills Company-owned 1 121 Franchised
- 7 Total 1 128 Fleming's Prime Steakhouse and Wine Bars
Company-owned - 50 Roy's Company-owned - 23 Cheeseburger in
Paradise Company-owned 2 42 Lee Roy Selmon's Company-owned 1 7 Blue
Coral Seafood and Spirits Company-owned - 2 System-wide total 11
1,451 (1) Includes one restaurant closing. The OSI Restaurant
Partners, Inc. restaurant system operates in 50 states and 20
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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