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Tag Archive: Olive Garden

Darden 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, 2023

Impact 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, 2022

News Briefs for March 23, 2015

•A California federal judge has put a class action suit against Tito’s Handmade Vodka producer Fifth Generation Inc. on hold because of a technical issue, but has also rejected most of Fifth Generation’s arguments aimed at dismissing the suit, which maintains that Fifth Generation misled consumers with its “handmade” claim. Continue reading →

Posted in News on March 23, 2015

News Briefs for February 24, 2015

•Pernod Ricard is launching a new extension to its Chivas Regal Scotch whisky brand in the U.S. market. Continue reading →

Posted in News on February 24, 2015

Darden Unloads Red Lobster For $2.1 Billion

Darden Restaurants has sold its 705-unit Red Lobster brand to investment firm Golden Gate Capital for $2.1 billion in cash. Continue reading →

Posted in News on May 16, 2014