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Tag Archive: Eddie V’s

Darden Sales Top $11 Billion On 9% Growth

Darden Restaurants saw full-year sales climb 8.6% to $11.4 billion in the 12 months through May 26, boosted by a 1.6% increase in same-store sales and the addition of 80 company-owned Ruth’s Chris restaurants along with 37 other net new locations across the portfolio. Continue reading →

Posted in News on June 24, 2024

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

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