Tag Archive: Ruth’s Chris

Darden Sales Top $12 Billion On 6% Growth

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 →

Darden Posts Sales Up 10%, Targets Full-Year Revenues Of $11.5 Billion

Darden Restaurants saw sales climb 10% to $2.7 billion in its fiscal second quarter ended November 26, boosted by same-restaurant sales up 2.8% and the addition of 78 Ruth’s Chris Steakhouse locations during the period. Continue reading →

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 →

Deutsch Relaunches Peter Lehmann As Australian Wine Rebounds

Interview: On-Premise Specialist The Mark Wine Group Projects 25% Growth

Austin, Texas-based wine sales and marketing firm The Mark Wine Group has carved out a niche as a specialist for the on-premise arena, connecting family-owned and independent wineries with national restaurant and hotel chains. Launched in 2007 with a single partner producer—Napa’s Boisset Collection—The Mark Wine Group’s portfolio has since grown to include Mionetto USA, Vintage Point, Hahn Family Wines, Bogle Vineyards and O’Neill Vintners & Distillers, among others. This year, it’s projecting growth of 25%-30% and sales of roughly 230,000 cases. The Mark Wine Group founder and president Mark Gmur recently spoke with Shanken News Daily associate editor Christina Jelski to discuss the outlook for both the company and the on-premise market as a whole. Continue reading →