Item 5.     Other Events

     Outback Steakhouse, Inc. (the "Company") announced that its Board
of Directors has authorized a program to repurchase up to 2,500,000
shares of the Company's common stock by issuing a press release on March
25, 1997.


Item 7.  Financial Statements and Exhibits
<TABLE>
<CAPTION>

Exhibit
Number     Description
<S>        <C>

99.1       Press release, dated March 25, 1997  (filed herewith)
</TABLE>

                               SIGNATURE

    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.


DATED:  March 26, 1997                 By:/s/ Joseph J. Kadow
                                          Joseph J. Kadow, Vice President
[{"type": "8-K", "sequence": "1", "description": "FORM 8-K - TEXT AND SIGNATURE", "secsgml_size_bytes": 861}]
{"company-data": {"conformed-name": "OUTBACK STEAKHOUSE INC", "cik": "0000874691", "assigned-sic": "5812", "irs-number": "593061413", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-19334", "film-number": "97564291"}, "business-address": {"street1": "550 N REO ST STE 200", "city": "TAMPA", "state": "FL", "zip": "33609", "phone": "8132821225"}}
Item 5.     Other Events

     Outback Steakhouse, Inc. (the "Company") announced that its Board
of Directors has authorized a program to repurchase up to 2,500,000
shares of the Company's common stock by issuing a press release on March
25, 1997.

Item 7.  Financial Statements and Exhibits
Exhibit
Number     Description
99.1       Press release, dated March 25, 1997  (filed herewith)
SIGNATURE

    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.

DATED:  March 26, 1997                 By:/s/ Joseph J. Kadow
                                          Joseph J. Kadow, Vice President