News

Struggling restaurant chain likely to shut down or be sold
In multiple cases, Chipotle shut down nascent brands because it seemed impossible for them to grow to a point where they ...
Owner of Olive Garden, Longhorn Steakhouse brands looks to offload Caribbean restaurant chain
Darden CEO Rick Cardenas said Friday the company was 'considering strategic alternatives' for Bahama Breeze such as selling ...
Beloved Caribbean-Inspired Restaurant To Permanently Shut Down All Locations
After announcing several nationwide closures in May, a beloved restaurant chain owned by Darden Restaurants is calling it ...
Darden Restaurants looks to sell Bahama Breeze chain, beats FQ4 expectations
Shares of Darden Restaurants (NYSE:DRI) have reversed early losses and are back in positive territory following the release ...
Darden Restaurants Stock Hits All-Time High on Strong Olive Garden Sales
Shares of Darden Restaurants (DRI) traded at an all-time high Friday as the restaurant chain operator beat earnings and ...
Darden Restaurants Lifts Sales Forecast, Beats Quarterly Estimates on Casual Dining Demand
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Olive Garden parent Darden Restaurants could sell Bahama Breeze
After closing 15 Bahama Breeze locations, the company is considering strategic alternatives for the Caribbean-inspired ...
Stock Movers: Carmax, Darden Restaurants, Circle
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...
Olive Garden Parent Darden Records Strong Q4 Growth, Hikes Dividend
Darden Restaurants (NYSE: DRI) shares rose on strong earnings and revenue, driven by same-restaurant sales and expansion ...
Darden Restaurants Raises Dividend by 7.1%, Sets New $1 Billion Buyback
Darden Restaurants' board has increased the restaurant operator's quarterly dividend by 7.1%, to $1.50 from $1.40, and approved a new $1 billion share-repurchase program. The new quarterly payout, ...