OSI Restaurant Partners to remodel up to 150 Outback Steakhouse locations

New York City -- OSI Restaurant Partners LLC, operators of Bonefish Grill and Outback Steakhouse as well as several other restaurant chains, told securities analysts that it planned to remodel as many as 150 Outback Steakhouse units and focus of expanding its Bonefish Grill brand this year.

OSI operates or franchises 968 Outback Steakhouses, 152 Bonefish Grills, 233 Carrabba’s Italian Grills, 64 Fleming’s units and 22 Roy’s locations.

The company it would increase investments this year to between $125 million and $150 million to include restaurant development and improvements in corporate infrastructure and efficiency upgrades.