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Keyword: dardenrestaurants

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  • Olive Garden Owner Darden Restaurants Warns on 3rd Quarter (Red Lobster, Longhorn Steakhouse)

    02/23/2013 2:05:43 PM PST · by 2ndDivisionVet · 68 replies
    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...
  • Restaurant chain partnering with White House anti-obesity campaign received ObamaCare Waiver

    09/16/2011 6:29:48 PM PDT · by jimbo123 · 41 replies
    New Hampshire Watchdog ^ | 9/15/11 | Grant Bosse
    Today, a top national restaurant chain partnered with First Lady Michelle Obama’s Let’s Move childhood anti-obesity campaign. Last year, that same company received a waiver exempting it from some of the most stringent mandates of ObamaCare. Michelle Obama visited an Olive Garden restaurant in Hyattsville, Maryland today as Darden Restaurants announced that it would reduce the amount of calories and sodium in its menu by 20% over the next decade. Darden Restaurants, which owns Olive Garden, Red Lobster, Longhorn Steakhouse, Capital Grille, Bahama Breeze, and Seasons 52, received a waiver from Health and Human Services Secretary Kathleen Sebelius on October...
  • Flashback: Obama's Lunch Buddy's Company Given Obamacare Waiver (Olive Garden CEO)

    09/16/2011 6:45:03 PM PDT · by jimbo123 · 16 replies
    Weekly Standard ^ | 7/12/11 | Daniel Halper
    President Obama had lunch today with "four business leaders to discuss ideas to grow the economy and create jobs," according to the White House. The participants met to "discuss the importance of working with the private sector to promote job training efforts, including ways that companies have been partnering with higher educational institutions to develop curriculum and programs that ensure graduates will have the appropriate background and skills to succeed and get hired within the companies." Curiously, one of the participants, businessman Clarence Otis, could have used today's affair to provide President Obama a "teachable moment" (a favorite phrase of...
  • Olive Garden, Red Lobster to slash fat and salt; Michelle Obama declares healthy 'breakthrough'

    09/16/2011 4:59:52 PM PDT · by jimbo123 · 104 replies
    NY Daily News ^ | 9/16/11 | LINDSAY GOLDWERT
    The First Lady has scored another victory in the battle of the bulge. The CEO of Darden Restaurants, which owns eatery chains Olive Garden and Red Lobster as well as LongHorn Steakhouse and Capital Grille, said on Thursday the company will work to reduce fat and sodium by 10% over the course of the next five years and 20% over the next decade.
  • Olive Garden, Red Lobster to Move Into Middle East

    10/20/2010 10:50:41 AM PDT · by nickcarraway · 24 replies
    Orlando Sentinel ^ | 10/20/2010 | Sandra Pedicini
    Never-ending pasta bowls and Cheddar Bay biscuits are on their way to the Middle East. Orlando-based Darden Restaurants on Tuesday revealed plans to open Red Lobsters, Olive Gardens and LongHorn Steakhouses in seven Middle Eastern countries. It will be Darden's first foray into international territory other than in Canada, where Darden operates some restaurants, and Japan, where a separate company runs 25 Red Lobsters. Darden has an agreement with Americana Group, which will develop at least 60 restaurants in Bahrain, Egypt, Kuwait, Lebanon, Qatar, Saudi Arabia and the United Arab Emirates during the next five years. The first should open...