Outback Steakhouse in Brazil

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Questions and Answers

What percentage of Bloomin' Brands' international sales in the first half of 2023 was generated by Outback Brazil?

83%

How much did sales grow for Outback Brazil compared to the same time in 2022?

61%

What was the increase in traffic for Outback Brazil compared to the same time in 2022?

42%

What was the increase in average check for Outback Brazil compared to the same time in 2022?

<p>19.2%</p> Signup and view all the answers

Where are nearly half of the total international restaurants of Outback Steakhouse located?

<p>Brazil</p> Signup and view all the answers

What factors contributed to the success of Outback Steakhouse in Brazil?

<p>Factors that contributed to the success of Outback Steakhouse in Brazil include Brazil's rising middle class, a food culture centered around beef, a huge following on social media, and a strong brand presence.</p> Signup and view all the answers

How does Outback Brazil's performance compare to its US operations?

<p>Outback Brazil's performance surpassed its US operations, with higher sales growth, increased traffic, and a higher average check compared to the same time in 2022.</p> Signup and view all the answers

When did Outback Brazil first open its doors?

<p>Outback Brazil first opened its doors in 1997, less than ten years after its debut in the US.</p> Signup and view all the answers

What is the percentage of revenue that Outback Steakhouse is forecasting to come from Brazil in 2023?

<p>Outback Steakhouse is forecasting that a little over 10% of its revenue in 2023 will come from Brazil.</p> Signup and view all the answers

What is Outback Steakhouse known for?

<p>Outback Steakhouse is known for its American twist on Australian barbecue.</p> Signup and view all the answers

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