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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 ]
In 1995, Otis was recruited by Darden Restaurants in Orlando for the post of treasurer, overseeing finance activities for the 1,200-restaurant chain. He correctly assessed Darden as a company on the rise as its "casual dining" market niche—high-volume sit-down restaurants a step above fast food in terms of quality—was growing rapidly.
The Capital Grille operates under the Specialty Restaurant Group division of Darden. [7] In March 2018, a spinoff restaurant called The Capital Burger was opened in Washington, DC. [8] In January 2020, The Capital Burger opened their second location in Reston, Virginia.
Like its restaurant peers, Darden’s traffic struggled during summer, presumably due to increased travel. Moreover, Olive Garden reported that same-store sales contracted by 2.9% while fine ...
In October 2014, Ian Baines was brought on as President and CEO of Cheddar's Scratch Kitchen, after serving as CEO and President at Uno Restaurant Holdings Corporation. Throughout his career, he has held various roles of increased responsibility with Darden Restaurants and Brinker International, Inc. [9]
Darden Restaurants (NYS: DRI) is expected to report Q3 earnings on March 22. Here's what Wall Street wants to see: The 10-second takeaway Comparing the upcoming quarter to the prior-year quarter ...
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