Darden Restaurants

Darden Restaurants Faces Pressure to Improve Speed Amid Declining Sales
Darden Restaurants Faces Pressure to Improve Speed Amid Declining Sales
September 19, 2024  |  Earnings

In an increasingly fast-paced dining landscape, Darden Restaurants is under pressure to improve operational efficiency across its diverse portfolio, which includes Olive Garden, LongHorn Steakhouse,...

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Darden Sees Fine-Dining Comparable Sales Drop Amid Inflation, Job Concerns
Darden Sees Fine-Dining Comparable Sales Drop Amid Inflation, Job Concerns
June 20, 2024  |  Earnings

Darden Restaurants saw its same-store sales slip at its fine dining locations amid consumers’ concerns about inflation and the job market. Rick Cardenas, president and...

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Darden’s Sales Climb Even as Lower-Income Diners Stay Home
Darden’s Sales Climb Even as Lower-Income Diners Stay Home
March 21, 2024  |  Earnings

Olive Garden owner Darden has seen a drop in lower-income diners patronizing its restaurants. The company, which also owns Longhorn Steakhouse, on Thursday (March 21) reported earnings that showed...

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27% of Consumers Skip Restaurant Purchases Altogether
27% of Consumers Skip Restaurant Purchases Altogether
September 26, 2023  |  Consumer Insights

As restaurants look to drive traffic amid menu price inflation, more than 1 in 4 consumers are not making restaurant purchases at all, PYMNTS Intelligence...

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Darden Says Boosting Brands Pays Off Better Than Promotions
Darden Says Boosting Brands Pays Off Better Than Promotions
September 22, 2023  |  Restaurant innovation

Darden Restaurants, the parent company of popular dining chains including Olive Garden, The Capital Grille and LongHorn Steakhouse, has adopted a strategic shift in its...

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Darden: Restaurant Customers Skip the Fancy Wine Amid Financial Challenges
Darden: Restaurant Customers Skip the Fancy Wine Amid Financial Challenges
September 21, 2023  |  Earnings

As consumers struggle with ongoing budgetary pressures, many are reining in their alcohol spending at nice restaurants by sticking to more budget-friendly brands, Darden Restaurants...

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Financially Secure Customers Spring for Full-Service Dining
Financially Secure Customers Spring for Full-Service Dining
September 18, 2023  |  Consumer Insights

As consumers manage their food spending amid budgetary pressures, those with cash to burn are happy to splurge on table-service dining, while those without a...

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Budget-Constrained Consumers Prioritize Dining Out
Budget-Constrained Consumers Prioritize Dining Out
September 11, 2023  |  Economy

As consumers continue to feel the impacts of years of economic challenges, those who are struggling the most continue to spend indulgently on restaurant dining....

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Olive Garden Parent Eschews Heavy Discounts Despite Consumer Demand
Olive Garden Parent Eschews Heavy Discounts Despite Consumer Demand
June 22, 2023  |  Earnings

As consumers seek out discounts to help ease their anxieties about restaurant price inflation, Darden Restaurants is sticking with less discount-focused marketing efforts. On a call with...

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