Tag Archive: Darden Restaurants
News Briefs for December 6, 2011
•Darden Restaurants, Inc. says it expects combined U.S. same-restaurant sales growth in its fiscal second quarter ended November 27 to be up approximately 1.8% for Red Lobster, Olive Garden and LongHorn Steakhouse and 3.9% for its Specialty Restaurant Group. Continue reading →
Posted in News on December 6, 2011News Briefs for October 28, 2011
•The Pennsylvania Liquor Control Board (PLCB) has unveiled its latest Fine Wine & Good Spirits store in Indiana County. Continue reading →
Posted in News on October 28, 2011News Briefs for October 13, 2011
•Darden Restaurants Inc. has agreed to purchase Eddie V’s Prime Seafood and Wildfish Seafood Grille restaurant chains from Arizona-based Eddie V’s Restaurants Inc. for $59 million. Continue reading →
Posted in News on October 13, 2011News Briefs for September 29, 2011
•Brown-Forman is launching a luxury-end Finlandia line extension, Finlandia Platinum, in global travel retail this month. Continue reading →
Posted in News on September 29, 2011Cape Classics Sets 5-Million-Case Goal For South African Category In U.S., With Emphasis On Strong Brands
While South African wine importers in the U.S. market have struggled in recent years, New York-based Cape Classics has been gaining momentum with a South African portfolio including Jam Jar, Indaba and Mulderbosch. Continue reading →
Posted in News on July 5, 2011Darden’s George Miliotes On Wine, Spirits, Service And Today’s Beverage Scene
Orlando, Florida-based Darden Restaurants today reported sales of $7.5 billion for its fiscal year ended May 31st, up 5.4% over the previous year. Darden is the world’s largest restaurant company, with brands Red Lobster (698 units), Olive Garden (754), LongHorn Steakhouse (354), The Capital Grille (44), Bahama Breeze (26), Seasons 52 (18) and Synergy (1).
Darden’s Specialty Restaurant Group comprises three of those brands: The Capital Grille, Seasons 52 and Bahama Breeze. Average sales per unit for The Capital Grille were $6.5 million in fiscal 2011, while same-unit sales increased by 6.2%. At Seasons 52, sales per unit were $6.3 million, and same-unit sales increased 4.4%. Bahama Breeze, meanwhile, had sales per unit reach $5.5 million and same-unit sales increase by 2.4%. Shanken News Daily interviewed George Miliotes, master sommelier and director of beverage and hospitality for Darden’s Specialty Restaurant Group, to get his views on today’s business. Continue reading →
Posted in News on July 1, 2011
