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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]
Name Original location Founded Headquarters Number of U.S. locations Areas served Notes 7 Brew Coffee: Rogers, Arkansas: 2017 273 Nationwide 7 Leaves Cafe
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 ...
Additionally, after three consecutive quarters of same-store sales declines and a drop in customer visits year-over-year, Olive Garden is looking to attract more guests with a new on-demand ...
Rick Cardenas, CEO of Darden Restaurants—which owns Olive Garden, Longhorn Steakhouse, Bahama Breeze, and Ruth’s Chris Steak House—said during the company’s Thursday earnings call that ...
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www.darden.com Olive Garden continues to drag parent Darden Restaurants (DRI) down. Darden posted another problematic quarterly report on Friday morning. Sales from continuing operations rose from ...