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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 ...
“The consumer is really focused on what price they're paying [everywhere], not just in restaurants,” Cardenas said. “But at the same time, our guests aren't managing their check like we've ...
The report found that Olive Garden saw notable increases in customer visits last year, including an 8.8% jump in traffic in the first quarter, a 2.2% jump in the third quarter, and a 5.4% jump in ...
The Olive Garden started as a unit of General Mills. The Olive Garden's first restaurant was opened on December 13, 1982, in Orlando, Florida, by co-founders Blaine Sweatt, Mark Given, Gino DeSantis and Dave Manuchia. By 1989, there were 145 The Olive Garden restaurants, making it the fastest-growing units in the General Mills restaurant division.
Olive Garden increased prices by about 3.5% during the last fiscal year, compared with an average of about 4% across other Darden entities. With 110 Olive Garden locations, Texas has more than any ...
Over the course of the fiscal year, Olive Garden hiked prices up about 3.5%, compared to roughly 4% across Darden’s brands, which include LongHorn Steakhouse, Eddie V’s and Cheddar’s Scratch ...
Darden Restaurants, Inc. is an American multi-brand restaurant operator headquartered in Orlando, Florida. [1] Darden has more than 1,800 restaurant locations and more than 175,000 employees, making it the world's largest full-service restaurant company. [2]
Same-restaurant sales declined 0.6 percent at Olive Garden and 4.5 percent at Red Lobster in Darden's most recent quarter. The quarter before that, Olive Garden checked in with a disappointing 4 ...