Tag Archive: Darden
Darden Acquires Ruth’s Hospitality In $715 Million Deal
Darden Restaurants is expanding its portfolio with the acquisition of the Ruth’s Chris Steak House parent Ruth’s Hospitality for $715 million. Continue reading →
Posted in News on May 3, 2023Darden Posts 13% Growth, Aims For $10.5 Billion In Yearly Sales
Darden Restaurants raised sales guidance for its full fiscal year ending in May to between $10.45 and $10.5 billion yesterday after posting a strong set of third-quarter numbers, with sales up 13% to $2.8 billion. Continue reading →
Posted in News on March 24, 2023News Briefs for December 19, 2022
•The Wonderful Company, owner of Fiji Water and POM Wonderful, among other brands, has purchased Napa’s Robert Sinskey Vineyards for just over $26 million. Continue reading →
Posted in News on December 19, 2022Impact Seminar: Gola On E-Commerce, Mackey On The Future Of Restaurants
The entire restaurant industry was turned on its head at the onset of Covid-19, and for those that survived, major pivots have been necessary. Continue reading →
Posted in News on October 19, 2022The 46th Annual Impact Marketing Seminar: Industry’s Leading Executives Gather In New York
M. Shanken Communications, Inc., New York, held the 46th Annual Impact Marketing Seminar yesterday, bringing together top executives from across the beverage alcohol business. Continue reading →
Posted in News on September 29, 2022News Briefs for June 23, 2022
•Darden Restaurants saw sales climb 14.2% to $2.6 billion in its fiscal fourth quarter ended in May, propelled by brands like LongHorn Steakhouse and Capital Grille. Continue reading →
Posted in News on June 23, 2022