Outback Steakhouse parent announces more restaurant closings

🚫 Bloomin’ Brands, the parent company of Outback Steakhouse, is closing more restaurants.

The company also operates Bonefish Grill, Carrabba’s Italian Grill, and Fleming’s Prime Steakhouse.

After shuttering more than 40 locations (mostly Outbacks) last year, Bloomin’ Brands has closed another 21 U.S. restaurants in the last three months and decided not to renew the leases of an additional 22 U.S. restaurants.

The locations were not identified.

In its third-quarter earnings report Thursday, the company said its U.S. restaurant traffic was down just 0.1%, but the company lost $45.9 million in the quarter.