Outback Steakhouse is closing more than 40 restaurants as part of an ongoing plan to turn around the company’s financial standing. The closures were confirmed Thursday in an earnings report released by the chain’s parent company, Bloomin’ Brands.

The chain closed 21 locations in October and plans not to renew leases at an additional 22 locations. Those leases are all set to expire within the next four years, according to Bloomin’. A list of specific restaurants that have closed or are expected to close was not provided by Bloomin’.

As of Sept. 29, there are now 679 Outback Steakhouse locations in the U.S.

The closures are part of a turnaround strategy Bloomin’ has deployed in hopes of turning around Outback’s declining business. As part of the efforts, the company is cutting back on spe

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