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Executive Pay
Bumper CEO stock awards dwarf salary sacrifice
...Salary cuts have been common in the sectors that have been hit hardest by the pandemic, such as retail, restaurants and hospitality, though a few, such as Darden Restaurants, have already restored their...
June 10, 2020
Darden Restaurants Inc
Olive Garden owner Darden boosts outlook as sales rise
...Sales at Olive Garden, which is responsible for about half of Darden’s revenue, advanced 5.3 per cent....
March 21, 2019
FT Live
Global Private Banking Awards 2024
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Thursday, 7 NovemberThe Landmark London, London, UK
US & Canadian companies
Darden warns of cyber attack in 23 states
...Current systems and networks were not affected, according to Darden....
August 22, 2018
Retail & Consumer industry
Olive Garden parent Darden serves up earnings beat sending shares to record high
...Darden shares were down nearly 3 per cent year-to-date as of Wednesday’s close....
June 21, 2018
LexAfrica
Burger King/Nigeria: whoppertunity Premium content
...Investors are optimistic, applying a punchy price-to-earnings multiple of 22, higher than peers such as Cracker Barrel or Olive Garden (Darden). But BK has stumbled overseas before....
December 2, 2018
Mergers & Acquisitions
Krispy Kreme sweetens palate with Insomnia Cookies stake
...The North Carolina-based doughnut and coffee chain on Friday said it will acquire a majority stake in Insomnia Cookies for an undisclosed sum in a move that will expand parent JAB Holding’s coffee and resturant...
July 20, 2018
FT Live
Outstanding Directors Exchange
Fostering trust for steadfast leadership
Wednesday, 12 JuneHarvard Club of New York City, West 44th Street, New York, NY, USA
US equities
Darden Restaurant shares hit record high on outlook
...Darden Restaurants shares hit a record high on Tuesday after the company behind the Olive Garden and LongHorn Steakhouse chains lifted its outlook for 2018 and posted upbeat quarterly sales....
December 19, 2017
fastFT
Olive Garden owner shares hit fresh high on rosy outlook
...Darden Restaurants shares hit a record high on Tuesday after the company behind Olive Garden and Longhorn steakhouse lifted its outlook for 2018 and posted upbeat quarterly sales....
December 19, 2017
US & Canadian companies
Starboard to start proxy fight to throw out Newell Brands board
...However, Starboard famously deposed the full board of Darden Restaurants, parent of the Olive Garden, in 2014....
February 9, 2018
US equities
Darden Restaurants falls short of expectations
...For the three months to the end of August, Darden said same-store sales rose 1.7 per cent....
September 26, 2017
US & Canadian companies
Starboard Value launches proxy fight at Newell Brands
...Starboard once famously managed to depose the full board of Darden Restaurants, parent of the Olive Garden, in 2014....
April 4, 2018
Companies
Olive Garden owner drops after same-store sales miss
...For the three months to end of August, Darden said same-store sales, which measure how well stores open at least a year are doing, rose 1.7 per cent....
September 26, 2017
Retail & Consumer industry
Darden rises after lifting full-year profit view
...Investors devoured shares in Darden Restaurants on Monday after the owner of Olive Garden and other casual dining chains delivered stronger than expected fiscal third quarter results and lifted its full...
March 27, 2017
Mergers & Acquisitions
Olive Garden-owner Darden shares poised for best day since ’09
...Investors have given Darden Restaurants shares a five-star rating....
March 28, 2017
US equities
Restaurant stocks rise after Arby’s move on Buffalo
...The news also lifted shares in Darden Restaurant, which operates Olive Garden and LongHorn Steakhouse, up 1.1 per cent to $81.14....
November 28, 2017
FT Live
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Wednesday, 6 NovemberSingapore
US equities
Darden Restaurants notches 8-year high following acquisition
...Darden’s outlook for like-for-like sales — a key industry metric — was updated to 1.5 per cent, the midpoint of its previous guidance for 1 to 2 per cent....
March 28, 2017
Inside BusinessSujeet Indap
Index funds are unsure of taking on policeman role
...The allusion is to activists Starboard Value, who made precise culinary recommendations to Darden Restaurants on best how to boil spaghetti as part of a larger campaign to revamp the company....
June 19, 2017
Mobile devices
Sprint jumps on hopes of a cable company deal
...Darden Restaurants rose 2.9 per cent to $92.69 after positive earnings on Tuesday morning fuelled by sales at the company’s largest restaurant chain, Olive Garden....
June 27, 2017
Companies
Darden shares on the menu after earnings upgrade
...Under Starboard, Darden has made efforts to reduce spending and revamp its menu at Olive Garden in an effort to attract more customers....
October 4, 2016
Inside BusinessSujeet Indap
Would Saks Fifth Avenue be more valuable as a Tesla showroom?
...Sears and Darden, which owns Olive Garden, tried a different tack, setting up real estate investment trusts that rent space to the respective operating companies....
July 17, 2017
US equities
Darden Restaurants disappoints Wall Street
...Darden Restaurants, the owner of well-known chains including Olive Garden and Capital Grille, saw its stock fall on Wall Street on Thursday after a disappointing earnings announcement....
June 30, 2016
US equities
Juno Therapeutics surges as drug trial suspension lifted
...Elsewhere, shares in Darden Restaurants slipped 0.2 per cent to $62.68 after analysts at Wells Fargo downgraded the company behind Olive Garden and LongHorn Steakhouse to “market perform” from “outperform...
July 13, 2016
fastFT
Dean Foods ex-chair and gambler charged with insider trading
...The government alleged that Mr Walters used that information to illegally trade shares in Dean Foods and Darden....
May 19, 2016
US equities
Chipotle shares slide after restaurant closure
...Under Starboard, Darden has made efforts to lower expenses and revamp its menu at Olive Garden in an effort to attract more customers....
March 9, 2016
Mergers & Acquisitions
Yahoo adds Starboard nominees to its board
...Mr Smith stepped down from Darden Restaurants’ board of directors earlier this month....
April 27, 2016

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