Darden: Lower-income diners cutting back, high earners dining out more: Darden Restaurants' CEO said that sales from lower-income customers were "much lower" ...
businessinsider.com/darden-restaurants-olive-garden-longhorn-steakhouse-lower-income-diners-trend-2024-3
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Diners buy more steak at restaurants when beef is expensive: Darden CFO: Customers worry that they could be taking a risk if they cook steak at home when it's ...
businessinsider.com/beef-expensive-diners-buy-more-steak-at-restaurants-dining-darden-2024-3
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Darden Restaurants Is Thriving in a Tough Environment. It Reports Thursday.: The parent company of Olive Garden and LongHorn Steakhouse is luring more customers ...
barrons.com/articles/darden-restaurants-thriving-07d20085
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Darden Restaurants: Still Not Tasty Enough, But Earnings Might Change That: Darden Restaurants thrives in the casual dining market, fueled by the acquisition of ...
seekingalpha.com/article/4679146-darden-restaurants-still-not-tasty-enough-but-earnings-might-change-that
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Stocks Poised for Mixed Open: The Federal Open Market Committee on Wednesday will announce its monetary-policy decision and release its updated Summary of ...
barrons.com/articles/stocks-poised-mixed-open-1483f50f
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Subway plans four sauces for grocery sales. Brand teams with T. Marzetti Co. for scholarship fund benefit www.nrn.com/menu/subway-plans-four-sauces-grocery-sales
California fast food joints are laying off workers before a new law hikes pay: The new law will increase the minimum wage for fast food workers to $20 an hour
qz.com/california-restaurants-laying-off-workers-before-new-wa-1851363033
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Talking birds and a curse: The Johnson County restaurant that nearly made it, but didn’t
kansascity.com/news/local/article286122161.html
Signs are building that consumers are wobbling: A slew of companies this week reported signs of consumers weakening, including Lululemon ...
axios.com/2024/03/22/consumer-spending-report-down-groceries-restaurants
This Steakhouse Stock Is a Rare Find. It’s Primed for Gains.: Bloomin’ Brands is bargain-priced, but that should change as the company focuses on faster service ...
barrons.com/articles/buy-bloomin-brands-stock-price-pick-47e5fd9d
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Restaurant Stocks Drop as Inflation Data Show Rising Menu Prices
barrons.com/articles/restaurant-stocks-inflation-cpi-menu-e988473c
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Drew Madsen promoted to permanent CEO of Noodles & Company. The former Panera and Darden executive has been interim chief executive since November ow.ly/g9pi105kZIk
Capital Grille, Yard House restaurants expanding to The Woodlands Mall: Capital Grille and Yard House are both expanding into The Woodlands at two standalone ...
houstonchronicle.com/neighborhood/woodlands/article/capital-grille-yard-house-woodlands-restaurants-18708295.php
Darden Restaurants: Should Continue To Outperform The Industry: Darden Restaurants continues to outperform the industry in same-store sales and is capturing ...
seekingalpha.com/article/4663035-darden-restaurants-dri-should-continue-to-outperform-the-industry
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Naperville council concerned about 32-ounce beer servings, seeks more information and options
chicagotribune.com/2024/02/23/beer-pour-limit-naperville-block-59-city-council/
Ruth’s Chris Steak House, Yard House opening in Naperville — but only with changes on beer and wine size limits
chicagotribune.com/2024/02/09/ruths-chris-steak-house-yard-house-coming-to-naperville-but-only-with-changes-on-beer-and-wine-size-limits/
Floyd Mayweather Jr. sued over alleged assault at L.A. Live Yard House: Floyd Mayweather Jr. is being sued by a man who claims a bodyguard struck and wrestled ...
latimes.com/sports/story/2024-01-17/floyd-mayweather-jr-assault-lawsuit-los-angeles-yard-house
Buy These 5 Stocks to Play the Small-Cap Rally: Small-cap stocks have taken off in the recent rally, but they are still a bargain compared with stocks of bigger ...
barrons.com/articles/five-cheap-small-cap-stocks-d0452c0f
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Darden’s Profits Were Strong and Management Is Upbeat. Why the Stock Is Down.: Rick Cardenas, president and CEO of Darden Restaurants , said the restaurant ...
barrons.com/articles/darden-stock-earnings-ac45b0b6
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Costco, Adobe, Oracle, Fed Meeting, and More to Watch This Week: Earnings reports from Oracle, Adobe, Costco, Lennar, and Darden Restaurants. Plus ...
barrons.com/articles/costco-adobe-oracle-stocks-fed-interest-rate-decision-this-week-3666e0a3
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Buy These 5 Stocks to Play the Small-Cap Rally: Small-cap stocks have taken off in the recent rally, but they are still a bargain compared with stocks of bigger ...
barrons.com/articles/five-cheap-small-cap-stocks-d0452c0f
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Stocks Poised for Muted Open: The Bureau of Labor Statistics will release the November consumer price index on Tuesday, and the Federal Reserve’s policy ...
barrons.com/articles/stocks-poised-for-muted-open-a673006b
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Olive Garden's owner says the holidays bode well for restaurants: Consumers seeking savings by eating at home seem to have decided enough is enough.
axios.com/2023/12/15/olive-garden-restaurants-darden
Darden absorbs Ruth’s Chris as other fine-dining restaurants slump a bit: Ruth's Chris staffers moved from their former headquarters in Winter Park to ...
orlandosentinel.com/2023/11/22/darden-absorbs-ruths-chris-as-other-fine-dining-restaurants-slump-a-bit/
Contagious Opportunities: Norovirus Cases Are On The Rise, These Are The Stocks That May Be Impacted - Jo
benzinga.com/general/health-care/23/12/36414917/contagious-opportunities-norovirus-cases-are-on-the-rise-these-are-the-stocks-that-may-be-imp
Darden Restaurants, Inc. (DRI) Q2 2024 Earnings Call Transcript: Darden Restaurants, Inc. (NYSE:NYSE:DRI) Q2 2024 Earnings Conference Call December 14 ...
seekingalpha.com/article/4658110-darden-restaurants-inc-dri-q2-2024-earnings-call-transcript
Darden Q2: Favorable Margin Dynamics Support Its Elevated Multiple: Darden Restaurants reports solid earnings beating expectations, driven by Olive Garden's ...
seekingalpha.com/article/4658742-darden-q2-favorable-margin-dynamics-support-its-elevated-multiple
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Olive Garden passes the $5 billion sales mark for the first time. Sales and traffic for Olive Garden and LongHorn Steakhouse outperformed category benchmarks ... Show more
Olive Garden passes the $5 billion sales mark for the first time. Sales and traffic for Olive Garden and LongHorn Steakhouse outperformed category benchmarks ... Show more
Darden: Locking In Rapid-Return Gains, Stock Fairly Valued: Darden Restaurants, together with its subsidiaries, owns and operates full-service restaurants in the ...
seekingalpha.com/article/4658124-darden-locking-in-rapid-return-gains-stock-fairly-valued
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Darden activist investor now sets its sights on Outback Steakhouse, Carrabba’s: Starboard Value, which was once an activist investor in Olive Garden owner Darden ...
orlandosentinel.com/2023/10/31/darden-activist-investor-now-sets-its-sights-on-outback-steakhouse-carrabbas/
Will Ozempic temper consumer hunger for Olive Garden breadsticks, groceries?: Effects of diabetes drugs such as Ozempic on restaurant and grocery demand are ...
orlandosentinel.com/2023/10/25/could-ozempic-temper-consumer-hunger-for-olive-garden-groceries/
Longhorn Steakhouse is opening 2 new locations in North Texas. One is next to Buc-ee’s
star-telegram.com/news/business/fort-worth/article281892518.html
Wall Street is asking how weight loss drugs will affect consumer giants — but it may be too early to tell
cnbc.com/2023/11/06/weight-loss-drug-frenzy-hits-consumer-giants-in-earnings-season.html
How Starboard Value has shaken up corporate America: In its latest move, the activist hedge fund has built a stake in Rupert Murdoch's News Corp
qz.com/647975/how-starboard-value-the-hedge-fund-trying-to-dismantle-yahoos-board-has-shaken-up-corporate-america
Some older customers are staying away from Olive Garden and Cracker Barrel: Even the unlimited breadsticks at Olive Garden and wooden rocking chairs at Cracker ...
mercurynews.com/2023/09/22/some-older-customers-are-staying-away-from-olive-garden-and-cracker-barrel/
Ruth's Chris, Capital Grille Owner Darden (DRI) Sees Wealthy Diners Trading Down
bloomberg.com/news/articles/2023-09-21/darden-sees-softness-among-higher-income-households
Red Lobster taps longtime executive for long vacant CEO post: Horace Dawson, the seafood restaurant chain's executive vice president and general counsel ...
orlandosentinel.com/2023/09/21/red-lobster-taps-internal-executive-for-long-vacant-ceo-post/
Where do Americans mingle?: Sit-down chain restaurants foster more cross-class mixing than any other institution
economist.com/united-states/2023/09/07/where-do-americans-mingle
Quick Glance: Where do Americans gather?
- Booths at the restaurant chain, known for its abundance of breadsticks, feature spotted upholstery.
- Sit-down restaurants like Olive Garden, Chili's, and Applebee's top the list.
- Americans in the top income quintile might encounter people from different backgrounds at the post office or Starbucks, but unlikely from the poorest fifth.
- In theory, Americans should come across each other in public institutions.
How Outback's success in Brazil is keeping the Australian-style barbecue chain alive
cnbc.com/2023/09/12/how-outback-success-in-brazil-keeps-australian-style-bbq-chain-alive.html
Where do Americans mingle?: Sit-down chain restaurants foster more cross-class mixing than any other institution
economist.com/united-states/2023/09/07/where-do-americans-mingle
Madison Heights man sues Olive Garden for allegedly serving him severed rat foot in soup
freep.com/story/news/local/michigan/macomb/2023/08/29/warren-olive-garden-rat-foot/70702454007/
‘We are so sad’: Kansas City restaurant closing after nearly a decade in business
kansascity.com/news/business/openings-closings/article278609949.html
Best of Orange County 2023: Best steakhouse: Here are this year's winners in Best of Orange County voting.
ocregister.com/2023/09/21/best-of-orange-county-2023-best-steakhouse/
Ruth’s Chris Steak House opens with two floors of beef, three patios, and three bars
desmoinesregister.com/story/entertainment/dining/2023/08/15/ruths-chris-steak-house-opens-in-west-des-moines-with-filets-ribeyes/70563323007/
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Activist investor Starboard Value takes a stake in Bloomin’ Brands. Starboard, which is no stranger to the restaurant industry ... Show more
Darden Restaurants finishes $715 million Ruth’s Chris deal: The Orlando-based owner of Olive Garden has finished its $715 million deal to buy Winter Park-based ...
orlandosentinel.com/2023/06/14/darden-restaurants-finishes-715-million-ruths-chris-deal/
Darden CEO: No ‘material changes’ in consumer check trends. Olive Garden and LongHorn Steakhouse set sales records the week of Mother’s Day ... Show more
US Diners Trim Booze Spending After 2022 ‘Euphoria,’ Darden Says: Darden Restaurants Inc. said diners are watching how much they spend on alcohol ...
bloomberg.com/news/articles/2023-06-22/us-diners-trim-booze-spending-after-2022-euphoria-darden-says
FedEx Stock In Buy Zone Ahead Of Potential Growth-Catalyst Quarter; Olive Garden Parent Also On Deck
investors.com/research/earnings-preview/fedex-stock-in-buy-zone-ahead-of-potential-growth-catalyst-quarter-olive-garden-parent-also-on-deck/
Tuesday's Market Minute: Another Week With The Focus On The Fed - Darden Restaurants (NYSE:DRI), FedEx (N
benzinga.com/markets/23/06/32930081/tuesdays-market-minute-another-week-with-the-focus-on-the-fed
The Restaurant QR-Code Menu Is Being Shown the Door: A dining innovation that once looked like the future has worn out its welcome with many restaurateurs ...
nytimes.com/2023/05/22/dining/restaurant-qr-code-menu.html
Olive Garden server builds loyalty: ‘If Chris is not here, I don’t come in’: At a time when staffing restaurants has been a struggle, Christopher Johnson's ...
orlandosentinel.com/2023/05/22/olive-garden-server-builds-loyalty-if-chris-is-not-here-i-dont-come-in
Olive Garden opens a third Des Moines-area location, this time in an Italian neighborhood
desmoinesregister.com/story/entertainment/dining/2023/05/24/olive-garden-opens-on-the-south-side-of-des-moines-an-italian-neighborhood/70251629007/
5 takeaways from Darden’s Q4 earnings call. Darden touted the benefits of scale and hinted at more M&A activity to come. ow.ly/gcuV104LzLJ
Darden’s fine-dining business weakens, but overall sales grow: Darden Restaurants' fine dining same-restaurant sales fell in the quarter ending May 28 ...
orlandosentinel.com/2023/06/22/dardens-fine-dining-business-weakens-but-overall-sales-grow/
$DRI | Darden Restaurants CFO - Overall Labor Inflation Ticked Down About 100 Basis Points From Q3 To Q4 - Conf Call
Cava Group IPO: 5 things to know about the fast-casual Mediterranean restaurant chain
marketwatch.com/story/cava-group-is-going-public-5-things-to-know-about-the-fast-casual-mediterranean-restaurant-chain-55a6f0bf
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Ruth’s Chris deal could bring Darden expansion to Asia: Orlando-based Darden Restaurants buying Ruth's Hospitality Group could open the door for other ...
orlandosentinel.com/2023/05/04/ruths-chris-deal-could-bring-darden-expansion-to-asia
Darden Ruth’s Chris deal to expand fine-dining footprint: CEO Rick Cardenas says first acquisition in 6 years — since Cheddar’s in 2017 — meets company’s ...
nrn.com/casual-dining/darden-ruth-s-chris-deal-expand-fine-dining-footprint
Restaurant prices are rising faster than grocery prices for the first time since inflation ran hot
cnbc.com/2023/04/12/march-restaurant-prices-outpace-grocery-prices.html
Quick Glance: Food prices fall 2.1% globally, but sugar prices rise.
- The United Nations Food and Agriculture Organization reported on Friday that global food prices fell for the 12th consecutive month in March.
- The FAO's broad Food Price Index fell to 2.1% in March, bringing it down to 20.5% since reaching an all-time high one year ago after a large surge following the Russia-Ukraine conflict.
- Sugar prices, which rose 1.5% in March to their highest level since October 2016, were the main exception to this trend.
- The FAO Food Price Index is based on global prices for 23 food commodity categories, encompassing 73 different products, and is compared to a baseline year.
‘I decorate a room like I’m about to shoot it – if it doesn’t work for the camera, it doesn’t work for the eye’
independent.ie/life/travel/ireland/i-decorate-a-room-like-im-about-to-shoot-it-if-it-doesnt-work-for-the-camera-it-doesnt-work-for-the-eye-42431524.html
Olive Garden Never Ending Pasta Bowl isn't worth it: While the Never Ending Pasta Bowl sounds like a good deal, its new high price makes it nearly impossible to ...
businessinsider.com/olive-garden-never-ending-pasta-bowl-isnt-worth-it-2022-10
Trending this week: Traffic continues to flow into Texas Roadhouse restaurants: Traffic continues to flow into Texas Roadhouse restaurants
nrn.com/news/trending-week-traffic-continues-flow-texas-roadhouse-restaurants
Sales at Darden Restaurants grow by 13.8% : Orlando-based Darden Restaurants saw sales increase 13.8% to $2.8 billion in the quarter ending Feb. 26.
orlandosentinel.com/business/os-bz-darden-restaurants-earnings-call-olive-garden-20230323-5gf77ldvbrd5rbvsmkwohogd2i-story.html
Banks survived another week—and the biggest ones look like winners. In this issue:
- Why the big banks are a buy: https://on.barrons.com/3YXrIit
- Meet the 100 most ... Show more
Darden buys Ruth's Chris Steak House for about $715 million: The company has 154 locations worldwide, including four in Michigan.
detroitnews.com/story/business/2023/05/03/darden-buys-ruths-chris-steak-house-for-about-715-million/70179014007/
Man sues Buffalo Wild Wings, claims boneless wings are chicken nuggets: Plaintiff Aimen Halim said in his complaint that the chain’s wings are “not wings at all ...
omaha.com/news/national/man-sues-buffalo-wild-wings-claims-boneless-wings-are-chicken-nuggets/article_697d1fc0-24ff-56e9-89cd-5a991b915e7f.html
The U.S. Economy Is Doing Too Well. Why That’s Bad for People Who Aren’t Rich: The most recent U.S. inflation numbers show a strong economy—but signal a bad ...
time.com/6258167/inflation-rising/
Darden wants more restaurants, but finding right chain won’t be easy: Restaurant industry watchers say the right company at the right price will be hard to come ...
orlandosentinel.com/business/os-bz-darden-restaurants-buying-companies-20230206-nycy2dlep5ew7gdpvjdwxcpkta-story.html
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These Glendale restaurants and bars are open late on Super Bowl Sunday: Restaurants and bars in Westgate Entertainment District have extended their hours for ...
azcentral.com/story/entertainment/dining/2023/01/23/restaurants-bars-open-late-super-bowl-sunday/69823683007/
How winning restaurant brands enrich the employee journey. During a Black Box Best Practices panel, leaders from Darden, Whataburger and Yum Brands outline ... Show more
Falling costs may boost McDonald's, other restaurant profits in 2023: With the cost of butter plunging nearly 16% in a month and wholesale broiler chickens ...
finance.yahoo.com/news/falling-costs-may-boost-mcdonalds-110331776.html
Why Your Favorite Restaurant Might Close: Chains weathered the pandemic better than independent eateries, and they might do better in an economic slowdown too
wsj.com/articles/chain-restaurant-local-restaurant-closing-11673616374
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Wells Fargo says buy Chipotle, calls restaurant stock a post-pandemic winner: The firm also said the company has "best-in-class unit economics with an upside."
cnbc.com/2023/01/24/wells-fargo-says-buy-chipotle-calls-restaurant-stock-a-post-pandemic-winner.html
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Subway announces potential sale of the company. The sandwich chain announced Tuesday that it is going through a sale exploration process ow.ly/Uvuv104uLrl
Is tipping getting out of control? Many consumers say yes: Across the country, there’s a silent frustration brewing over the ever-presence of tipping.
richmond.com/news/national/is-tipping-getting-out-of-control-many-consumers-say-yes/article_7a8c6f60-642d-58b1-8017-1a014fd394bb.html
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