Outback Steakhouse Set on Tripling Its New Restaurants This Year—What to Know

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If you have any concerns about the accuracy or timeliness of our content, please reach out to our editors by e-mailingOutback Steakhouse didn't grow all that much domestically in 2023 as it only opened a handful of new locations in the United States. But in 2024, the Australian-themed steakhouse has ambitious plans to seriously ramp up the pace of new American restaurant openings.

Expansion is one of several priorities for Outback as it attempts to get back on track after a sluggish period. The steakhouse chain's same-store sales in the United States dropped by 1.1% in theof 2023, while customer traffic declined by 6.1%. Domestic same-store sales also dipped by 0.3% in the fourth quarter and traffic dropped 4.

 

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