Date of Report (Date of earliest event reported)

July 15, 2004

OUTBACK STEAKHOUSE, INC.

(Exact name of registrant as specified in its charter)

Delaware

1-15935

59-3061413

(State or other jurisdiction
of incorporation)

(Commission File
Number)

(IRS Employer
  Identification No.)

2202 North West Shore Boulevard, Suite 500, Tampa, FL

33607

(Address of principle executive offices)

(Zip Code)

Registrant's telephone number, including area code

(813) 282-1225

 Not applicable.

(Former name or former address, if changed since last report)

Item 12. 

Results of Operations and Financial Condition

On July 15, 2004, Outback Steakhouse, Inc. issued a press release announcing information about preliminary results for the quarter ended June 30, 2004 and that analysts’ earnings expectations are estimated to be approximately 10% higher than the Company anticipates reporting for the period.  A copy of the release is attached as Exhibit 99.1.

The information furnished herein, including Exhibit 99.1, is not deemed to be "filed" for purposes of Section 18 of the Exchange Act, or otherwise subject to the liability of that section.  This information will not be deemed to be incorporated by reference into any filing under the Securities Act or the Exchange Act, except to the extent that the registrant specifically incorporates them by reference.

    Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

OUTBACK STEAKHOUSE, INC.

(Registrant)

 Date:  July 15, 2004

By:

/s/ Robert S. Merritt

Robert S. Merritt

Senior Vice President and

Chief Financial Officer

INDEX TO EXHIBITS

99.1      

Press release, dated July 15, 2004, entitled “Outback Steakhouse, Inc. Comments on Second Quarter Outlook.”