Hints and tips:
...Sales at Olive Garden, which is responsible for about half of Darden’s revenue, advanced 5.3 per cent....
...The marinated olives arrive along with the starters. As we eat, a second delegation of admirers edges closer. “Enjoying retirement?” they quiz....
...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....
...Same-store sales in the fiscal fourth quarter rose 2.2 per cent — driven by a 2.4 per cent rise each at Olive Garden, its largest brand, and LongHorn Steakhouse....
...Darden, which owns Olive Garden and other restaurant chains, in June reported total sales of $2.13bn and net income of $173.5m for the three months ended May 27....
...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....
...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....
...However, Starboard famously deposed the full board of Darden Restaurants, parent of the Olive Garden, in 2014....
...Starboard once famously managed to depose the full board of Darden Restaurants, parent of the Olive Garden, in 2014....
...Within this, Olive Garden, Darden’s largest chain by stores and revenue, reported same-store sales growth of 1.9 per cent, below the 2.5 per cent growth analysts had predicted....
...The news also lifted shares in Darden Restaurant, which operates Olive Garden and LongHorn Steakhouse, up 1.1 per cent to $81.14....
...The owner of chains including Olive Garden and Longhorn Steakhouse was the biggest gainer on the S&P 500 on Tuesday after the company said it acquired Cheddar’s Scratch Kitchen and lifted its full-year earnings...
...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....
...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...
...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....
...Within this, Olive Garden, which accounts for more than half of total group revenue, reported a 2 per cent rise in comparable sales....
...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...
...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....
...Under Starboard, Darden has made efforts to lower expenses and revamp its menu at Olive Garden in an effort to attract more customers....
...The owner of Olive Garden and Longhorn Steakhouse said it now expected same-store sales growth of 2.5 per cent to 3 per cent, up from an earlier estimate of 2 per cent to 2.5 per cent....
...Darden Restaurants, the restaurant chain behind the Olive Garden and Longhorn Steakhouse brands, reported fiscal first-quarter same-store sales above forecasts and lifted its full-year earnings outlook....
...Darden Restaurants, parent group of Olive Garden, announced plans recently to list 430 of its locations in a new real estate investment trust. Sears has also done the same....
...In the meantime, surprisingly, Olive Garden has got better at selling Italian food....
...Meanwhile, in the US, the fabric was sold to more than 200 designers via Greeff Fabrics Inc. Yet it wasn’t always obvious that it was destined for such success....
International Edition