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Olive Garden Owner Darden Restaurants Warns on 3rd Quarter (Red Lobster, Longhorn Steakhouse)
AOL Daily Finance / The Associated Press ^ | February 22, 2013

Posted on 02/23/2013 2:05:43 PM PST by 2ndDivisionVet

ORLANDO, Fla. (AP) - Darden Restaurants (DRI), struggling to draw more customers into its Olive Garden and Red Lobster restaurants, said Friday that its third-quarter profit could fall below Wall Street's expectations and cut its outlook for the year.

The Orlando, Fla.-based chain has tried to revamp menus and marketing for its flagship chains. But revenue at Olive Garden, Red Lobster and LongHorn Steakhouse locations open at least one year is expected to fall 4.5 percent in the quarter ending Feb. 24, indicating those efforts have yet to pay off...

(Excerpt) Read more at dailyfinance.com ...


TOPICS: Business/Economy; Food
KEYWORDS: dardenrestaurants; economy; florida; food; longhornsteakhouse; olivegarden; recession; redlobster; restaurants
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1 posted on 02/23/2013 2:05:53 PM PST by 2ndDivisionVet
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To: 2ndDivisionVet

I like Olive Garden.

0dungo-nation at work.


2 posted on 02/23/2013 2:10:31 PM PST by bicyclerepair (Zombies Eat Brains. Half of FL is safe.)
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To: 2ndDivisionVet

O’s economy is now even hurting the cheap, family type restaurants like Olive Garden. Not just the high end places. Next thing will be McD’s and BK.


3 posted on 02/23/2013 2:12:13 PM PST by mnehring
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To: bicyclerepair

Used to go to those three somewhat often. Can’t afford the Burger King dollar menu these days.


4 posted on 02/23/2013 2:12:45 PM PST by 2ndDivisionVet (I'll raise $2million for Sarah Palin's presidential run. What'll you do?)
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To: 2ndDivisionVet

I used to go to all three on occasion and have stopped because the service is poor. Food arrives lukewarm...never hot.


5 posted on 02/23/2013 2:15:21 PM PST by Ouderkirk (Obama has turned America into an aristocracy of the unaccomplished.)
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To: 2ndDivisionVet

Just wait until the impact of all the tax increases filters through the economy. What little growth there was in the private sector is going to dry up like the prairie in August. Decisions have consequences. The decision of the GOP to cave into Obama is going to have dire ones.


6 posted on 02/23/2013 2:16:09 PM PST by littleharbour ("All men having power ought to be distrusted to a certain degree. ~ James Madison)
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To: 2ndDivisionVet
Maybe Obama will show up at a Red Lobster on Monday and relate this to the Sequester.


7 posted on 02/23/2013 2:18:36 PM PST by COBOL2Java (Fighting Obama without Boehner & McConnell is like going deer hunting without your accordion)
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To: 2ndDivisionVet

Wait until the “deathstar” of ObamaCare fully hits these businesses.


8 posted on 02/23/2013 2:18:50 PM PST by headstamp 2 (What would Scooby do?)
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To: 2ndDivisionVet

Nothing at all to do with the federal theft of our wages. Fatzilla forced all of us to cough up more of our limited income to feed its insatiable maw, but fatzilla can’t reduce it’s belt notch a lousy 1% without incessant hysteria and claims of wolf-at-the-door. Those people and their constant cries of wolf make me absolutely sick. And it’s the same stinking behavior from every local school district, town, village, city, county, and state government. Why can’t they just man-up and make do with what they extort from us?


9 posted on 02/23/2013 2:19:48 PM PST by ProtectOurFreedom
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To: littleharbour
The GOP had better wake up. Each policy victory by the DemonRATs and the Obama Syndicate is like a machete chop to the economy. A graphic picture here gives my meaning:


10 posted on 02/23/2013 2:24:12 PM PST by jonrick46 (The opium of Communists: other people's money.)
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To: ProtectOurFreedom

Federal civilian employees are getting a PAY RAISE for goodness sakes!!


11 posted on 02/23/2013 2:31:57 PM PST by 2ndDivisionVet (I'll raise $2million for Sarah Palin's presidential run. What'll you do?)
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To: 2ndDivisionVet

When gas is $3.98 per gallon, it leave a lot less to eat out on.


12 posted on 02/23/2013 2:34:09 PM PST by Yulee (Village of Albion)
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To: 2ndDivisionVet

I have not set foot in one of these places since they pulled their ads from Glenn Beck on Fox.


13 posted on 02/23/2013 2:34:45 PM PST by bmwcyle (People who do not study history are destine to believe really ignorant statements.)
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To: mnehring
Hunkering down and becoming cheap in the face of so much uncertainty becomes a strong habit. We have gift cards we don't even seem to use.
14 posted on 02/23/2013 2:35:03 PM PST by Average Al
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To: 2ndDivisionVet

Maybe the Dems desired massive hike in minimum wage will help! /s


15 posted on 02/23/2013 2:35:03 PM PST by Obama_Is_Sabotaging_America (PRISON AT BENGHAZI?????)
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To: 2ndDivisionVet

We like Longhorn. But, as retirees, we cannot afford it much.


16 posted on 02/23/2013 2:35:19 PM PST by Shery (in APO Land)
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To: 2ndDivisionVet

There are great Olive Gardens, and AWFUL Olive Gardens. Consistency through the chain is not their strong point.

I ate at a Longhorn years ago. It was awful.

I much prefer Texas Roadhouse. Great food, well prepared, great service, and consistency - every TR I’ve patronized has been splendid.

Just my two cents...


17 posted on 02/23/2013 2:36:50 PM PST by Peter W. Kessler (Dirt is for racing... asphalt is for getting there.)
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To: 2ndDivisionVet

IIRC, the CEO of Longhorn Steakhouse, Clarence Otis Jr., has donated thousands of dollars to democrats.


18 posted on 02/23/2013 2:39:02 PM PST by trisham (Zen is not easy. It takes effort to attain nothingness. And then what do you have? Bupkis.)
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To: 2ndDivisionVet

Well, I have another suggestion for them: try serving something called “good food”.

Oh, their commercials always make their food look oh so tempting an luscious.....til you actually go into one and see what’s dumped onto your plate.

I’ve eaten in all three of those chains. I could have just chewed on the menu and gotten the same satisfaction. Horrid.


19 posted on 02/23/2013 2:39:24 PM PST by RightOnline (I am Andrew Breitbart!)
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To: 2ndDivisionVet

Well, I have another suggestion for them: try serving something called “good food”.

Oh, their commercials always make their food look oh so tempting and luscious.....til you actually go into one and see what’s dumped onto your plate.

I’ve eaten in all three of those chains. I could have just chewed on the menu and gotten the same satisfaction. Horrid.


20 posted on 02/23/2013 2:39:51 PM PST by RightOnline (I am Andrew Breitbart!)
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To: COBOL2Java

>>Maybe Obama will show up at a Red Lobster on Monday and relate this to the Sequester.<<

I’ll have the Sequester Thermidore...


21 posted on 02/23/2013 2:41:40 PM PST by freedumb2003 (I learned everything I needed to know about racism from Colin Powell)
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To: bicyclerepair

I never eat pasta at a restaurant, so I quit Olive Garden loooong ago. These days, we frequent local places that AREN’T chain restaurants. Try a restaurant off of the beaten path, you may find a real gem!


22 posted on 02/23/2013 2:42:27 PM PST by Marie Antoinette (:)
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To: jonrick46

The GOP had better wake up.
*********
Too late for that IMO. The GOP is a pathetic, spineless bunch of appeasers and not the answer to our national problems. They wouldn’t even have the House if not for the Tea Party, whom they promptly shoved aside upon gaining a majority. I’m done with the GOP.


23 posted on 02/23/2013 2:44:11 PM PST by Starboard
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To: Peter W. Kessler

I’ll 2nd Texas Roadhouse. They catered a work lunch one day and I became hooked.


24 posted on 02/23/2013 2:47:42 PM PST by matt04
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To: 2ndDivisionVet
Last time the family was in Olive Garden, my daughter ordered her favorite dish. And as soon as she got it, she knew she'd love it -- because she loves it when my wife buys it from Costco. No, seriously, her $20 dinner was from the frozen foods section of Costco. OG thawed it out and heated it up.

Classic.

25 posted on 02/23/2013 2:47:54 PM PST by Tanniker Smith (Rome didn't fall in a day, either.)
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To: 2ndDivisionVet

Below average food, poor service and they are in bed with Moooshell’s menu augmentations. They won’t be seeing my business.


26 posted on 02/23/2013 2:48:19 PM PST by ConservativeInPA (Molon Labe - Shall not be questioned)
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To: Peter W. Kessler
Re: "I much prefer Texas Roadhouse. Great food,..."

... And even greater if you remove your hearing aid.

27 posted on 02/23/2013 2:52:32 PM PST by Cribb (Home of Conservatism - America's middle class.)
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To: 2ndDivisionVet

Shouldn’t he worry about the first quarter??


28 posted on 02/23/2013 2:55:03 PM PST by omega4179 ( Huelo azufre)
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To: Peter W. Kessler

The OGs and Longhorns around Columbia SC have always been very good


29 posted on 02/23/2013 2:56:08 PM PST by wally_bert (There are no winners in a game of losers. I'm Tommy Joyce, welcome to the Oriental Lounge.)
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To: 2ndDivisionVet

We hardly ever eat out these days. Can’t afford it.

And if we did eat out, we’d go to a local restaurant, not a chain.

I would imagine that these days fewer and fewer people can afford it.


30 posted on 02/23/2013 2:58:37 PM PST by Cicero (Marcus Tullius)
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To: Obama_Is_Sabotaging_America

And according to Nancy Pelosi we need more people on unemployment to spur the economy.


31 posted on 02/23/2013 3:06:27 PM PST by mc5cents
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To: mnehring
O’s economy is now even hurting the cheap, family type restaurants like Olive Garden. Not just the high end places. Next thing will be McD’s and BK.

Not to worry. Soon only Taco Bell will be open...


32 posted on 02/23/2013 3:10:32 PM PST by raybbr (People who still support Obama are either a Marxist or a moron.)
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To: omega4179

Olive Garden has posted disappointing sales several quarters in a row now.

I guess nobody wants to wait 45 minutes to eat frozen, microwaved food at empty restaurants anymore.


33 posted on 02/23/2013 3:30:41 PM PST by erlayman
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To: 2ndDivisionVet
One of the ridiculous gothic (NY thing)diners by me has a huge sign stretching across his parking lot which reads “all dinners half price”. People have cut their eating out-BIG TIME!
34 posted on 02/23/2013 3:34:48 PM PST by TalBlack (Evil doesn't have a day job.)
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To: erlayman

Well, around the N. Virginia area, you can’t get near any restaurants from Friday night on ....tables and tables of folks, big parties, long waiting lines. Nope — everything is really cooking around here.

We used to go out at least weekly ...now it’s an every three or four month occasion.


35 posted on 02/23/2013 3:35:23 PM PST by LibsRJerks
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To: Ouderkirk

It’s doubtful you’re missing much given the prep methods in use. Microwaves, bain maries, steamers, etc. They’ve got the cheek to ladle things out of 5 gallon buckets or zap them in a microwave and charge a fortune for them.

Sysco does a roaring trade in foodservice product sales but it has homogenized the menus and the customers’ palates. Restaurant A’s appetizers are the same at Restaurant B and so forth.

Last but not least is the service as you mention. Too many chiefs and not enough braves. Today’s youth lack the personality, manners and education to carry on an adult conversation so everything is a canned spiel from the greeting to the order taking and beyond. Management would call it training and quality control; I call it false, obvious and insulting. If I have to eat a restaurant I try to sit and order/eat at the bar...the bartenders are usually older (21 so they can pour drinks) and never far away so refills and follow-up are prompt. Contrast this with a teenager waitress/waiter who disappears for long stretches. Ever drive round the back of an Outback or an Olive Garden? There you will find multitudes of front-of-house types taking yet another smoke break. Wonder if they bother washing their hands upon returning?


36 posted on 02/23/2013 3:38:14 PM PST by relictele
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To: Tanniker Smith

Yep - it’s the Sysco effect.


37 posted on 02/23/2013 3:39:21 PM PST by relictele
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To: raybbr

You want some BIG A** FRIES with that?

38 posted on 02/23/2013 3:45:50 PM PST by freedumb2003 (I learned everything I needed to know about racism from Colin Powell)
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To: 2ndDivisionVet

Olive Garden = Good

Red Lobster = Dread Lobster/Dead Lobster = Pure crap with the exception of cheese rolls.

Longhorn = OLD MEAT. Dirty. Nasty.


39 posted on 02/23/2013 3:47:07 PM PST by My Favorite Headache (In a world where I feel so small, I can't stop thinking big.)
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To: trisham

Yeah, the CEO was a big Obama supporter in 2008. I wonder if he still supports King Barry now?


40 posted on 02/23/2013 3:52:50 PM PST by Timber Rattler (Just say NO! to RINOS and the GOP-E)
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To: relictele

With the family (kids are 7 & 5) so can’t go to the bar.

The service in all of the “chains” are abysmal. I no longer go to them...ever.

I have found much better at locally owned/operated restaurants where the owner is in the house every night and comes to every table.

When I travel on business I ask the folks I am working with where to eat.


41 posted on 02/23/2013 3:55:03 PM PST by Ouderkirk (Obama has turned America into an aristocracy of the unaccomplished.)
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To: LibsRJerks; erlayman
Of course, federal employees, government contractors, retired feds, politicians, academics, lobbyists, diplomats, military and much more. The rest of the country isn't so thick with bureaucrats and hangers on. We have this thing called “profit & loss” and actually having to produce something of benefit.
42 posted on 02/23/2013 4:02:03 PM PST by 2ndDivisionVet (I'll raise $2million for Sarah Palin's presidential run. What'll you do?)
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To: Timber Rattler

That’s a good question. I believe that he was a supporter of Michelle’s push to change school lunches in Obama’s first term, but it’s difficult to say how he feels now. I will say that if Obama decides that it behooves him to “save” Darden Restaurants, he will do so, by any means necessary.


43 posted on 02/23/2013 4:04:37 PM PST by trisham (Zen is not easy. It takes effort to attain nothingness. And then what do you have? Bupkis.)
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To: 2ndDivisionVet

Wasn’t Darden up Obummer’s bum? If I recall, they were big proponents of his & they’re large corporate donors of Planned Parenthood.

Looks like their chickens are coming home to roost. No sympathy here.


44 posted on 02/23/2013 4:19:17 PM PST by surroundedbyblue (I once saw a movie where only the police & military had guns. It was called "Schindler's List")
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To: 2ndDivisionVet

The last time I went to Olive Garden my food was steaming hot on the outside and frozen solid on the inside. I didn’t want to send it back because I don’t like bodily fluids in my food. That was over 10 years ago and I haven’t been back since.


45 posted on 02/23/2013 4:21:29 PM PST by aomagrat (Gun owners who vote for democrats are too stupid to own guns.)
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To: bicyclerepair

We like both Olive Garden and Red Lobster. We’ve noticed that the quality of food has been declining at many restaurants lately. However, OG and RL have been consistently good without raising prices. Maybe they are paying the price for that now?


46 posted on 02/23/2013 4:27:05 PM PST by rbg81
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To: Ouderkirk

How did you even get served? Last two times I tried to eat at Olive Garden I didn’t get served. First time at least we got drinks. I think 20-30 minutes for a server to come to the table is too long to wait. I don’t know how long it was going to take but I know how long I was willing to give them a chance.

Red Lobster? Gag me with a spoon. Expensive food with absolutely no atmosphere. Well unless you call screaming kids atmosphere.

If Longhorn is anything like those two restaurants then that is on my no dine list also.


47 posted on 02/23/2013 4:27:27 PM PST by pennyfarmer (Your socialist beat our liberal AGAIN.)
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To: Peter W. Kessler

Interesting. I haven’t eaten at a Texas Roadhouse in years. I thought the food sucked and was way overpriced. About a month ago I ate at a Longhorn in Texarkana and the food was great. I went to an Olive Garden on Veteran’s Day. The food was good but their salad is the best.


48 posted on 02/23/2013 4:43:52 PM PST by Terry Mross (How long before America is gone?)
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To: trisham

“That’s a good question. I believe that he was a supporter of Michelle’s push to change school lunches in Obama’s first term, but it’s difficult to say how he feels now.”

More than that - I believe that Olive Garden changed their menu to “align” with Michelle’s wishes. I’ve eaten there once, it was Never Ending Pasta Bowl, and I didn’t notice a difference (still never-ending salad and bread sticks too). But I suspect that a lot of people were put off. I know I won’t go there anymore, except for that special, which is like once a year.


49 posted on 02/23/2013 4:45:00 PM PST by BobL (Look up "CSCOPE" if you want to see something really scary)
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To: 2ndDivisionVet

I don’t know where this is supposedly happening. In the Dayton Oh area there is almost always a wait for a table at all of these restaurants, even on a Monday evening.


50 posted on 02/23/2013 5:41:00 PM PST by Wiser now (Socialism does not eliminate poverty, it guarantees it.)
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