Bloomin' Brands is a leading casual dining restaurant operator that owns and franchises four restaurant concepts—Outback Steakhouse, Carrabba's Italian Grill, Bonefish Grill, and Fleming's Prime Steakhouse & Wine Bar—spanning casual to fine dining price points and formats. The company generates revenue through owned restaurants across the United States and through a franchise model in which franchisees pay initial fees and monthly royalties based on sales, with the portfolio distributed across company-operated locations in the U.S. and franchised restaurants internationally. Its restaurants appeal to consumers seeking full-service dining experiences centered on grilled and prepared entrées, signature appetizers, and beverage offerings, competing in a market that includes other casual dining chains, quick-service restaurants, and alternative meal options.