Outback is No Longer America’s King of Steaks
Once a dominant force in casual dining, Outback Steakhouse is losing its grip as the go-to destination for steak lovers in the U.S. Texas Roadhouse and LongHorn Steakhouse have now overtaken Outback in sales, and their success is reflected in their soaring stock values. Over the past year, Texas Roadhouse’s stock climbed 15%, while LongHorn’s…