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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]
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 ...
Same-store sales at the Olive Garden chain rose 2% after three consecutive quarters of decline. In the year-ago quarter, sales grew 4.1%. LongHorn Steakhouse's same-store sales rose 7.5%, compared ...
Even with the all of the brands in Darden Restaurants' portfolio, Olive Garden remains the crown jewel. Lately, however, the chain has been under-performing. A turnaround is necessary to restore ...
This is a category for the restaurant brands owned by Darden Restaurants. Pages in category "Darden Restaurants brands" The following 12 pages are in this category, out of 12 total.
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In August 1999, Darden Restaurants, Inc. opened the first Smokey Bones restaurant in Orlando, Florida, at the site previously occupied by Red Lobster and close to Darden's headquarters. [ 5 ] [ 6 ] By June 2001, Darden had opened 8 additional Smokey Bones BBQ Sports Bar restaurants in Florida, the Midwest and Northeast.
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