Osiris Acquisition (NYSE:OSI)
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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/