Tuesday, April 17, 2007

CORRECTED - UPDATE 1-OSI Restaurant Partners 1st-quarter profit falls

(Reuters) - CHICAGO, April 17 - OSI Restaurant Partners Inc. , whose restaurants include Outback Steakhouse, posted a 14 percent decline in first-quarter profit on Tuesday, weighed down by higher beef, produce and labor costs.

Profit was $27.6 million, or 36 cents per share, compared with $32.2 million, or 42 cents per share, a year earlier.


Read more at Reuters.com Market News

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