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The chain has lost that edge, at least in terms of sales. In the quarter ending on May 26, sales at Olive Garden restaurants open at least 16 months dropped 1.5%. Still, Cardenas is confident in ...
Darden CFO Raj Vennam told analysts on the company's earnings call Thursday that Olive Garden menu prices for this year are "to be more in line with inflation" in the 2.5% to 3% range, spread over ...
The last time Darden Restaurants, Olive Garden’s parent company, brought back the promotion for a limited time was in 2019, and sales only increased marginally, according to Business Insider ...
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. [1] As of 2022, Olive Garden restaurants accounted for $4.5 billion of the $9.63 billion revenue of its parent, Darden.
Darden Restaurants, Inc. is an American multi-brand restaurant operator headquartered in Orlando, Florida. As of May 2023, the firm owns three fine dining restaurant chains: Ruth’s Chris Steak House, Eddie V's and The Capital Grille; and six casual dining restaurant chains: Olive Garden Italian Restaurant, LongHorn Steakhouse, Bahama Breeze, Seasons 52, Yard House and Cheddar's Scratch Kitchen.
Alexis Simmerman, Austin American-Statesman. June 27, 2024 at 1:50 PM. Olive Garden said it will continue to raise prices to offset a drop in sales last quarter. The restaurant chain that serves ...
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