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Olive Garden is an American casual dining restaurant chain specializing in Italian-American cuisine. It is a subsidiary of Darden Restaurants, Inc., which is headquartered in Orange County, Florida. [2] As of 2022, Olive Garden restaurants accounted for $4.5 billion of the $9.63 billion revenue of its parent, Darden. [3] [4]
On May 12, 2014, Darden announced that as part of the spinoff of Red Lobster, it was converting the co-located Red Lobster and Olive Garden locations into standalone Olive Garden locations. [27] On May 16, 2014, Darden announced that it would be selling the Red Lobster seafood restaurant chain to Golden Gate Capital for US$2.1 billion. [28]
This brought their portfolio up to 164 corporate owned restaurants. [ 11 ] On March 27, 2017, Darden Restaurants announced its intent to acquire Cheddar's from shareholders such as L Catterton and Oak Investment Partners for $780 million plus another $10 million for transaction-related expenses. [ 12 ]
Christmas is still a few weeks away, but Olive Garden is giving customers an early holiday present by bringing back its two most highly-requested dishes of all time. The Steak Gorgonzola Alfredo ...
Olive Garden parent company Darden Restaurants unveiled its latest quarterly earnings results on Dec. 19, reporting the first same-store sales increase for the Italian-American chain (2%) in four ...
Olive Garden, part of the Darden Restaurant Group, will move into the former O'Charley's building near the corner of Pearl Drive and Red Bank Road. The building sold to the Darden Restaurant Group ...
The International Trade Center is a multi-acre office park in Mount Olive, New Jersey. Formerly the site of BASF until 2004, [1] it is currently home to facilities of L3 Technologies, Bosal USA, Coherent Advanced Crystal Group, Vistar, and Robertet, among others. A Residence Inn by Marriott and Mount Olive station are on the grounds.
Fast food is no longer cheap, and fast-casual chains are benefiting from it. Rick Cardenas, CEO of Darden Restaurants—which owns Olive Garden, Longhorn Steakhouse, Bahama Breeze, and Ruth’s ...