News

Beloved Caribbean-inspired restaurant chain announces it will look to sell all locations
Darden Restaurants CEO Rick Cardenas announced during an earnings call on Friday that the Bahama Breeze restaurant chain ...
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 ...
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 ...
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 ...
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 ...
What's next for Bahama Breeze? Owners say big change is coming.
A little over a month after 15 locations were abruptly closed, owners of the Caribbean-inspired chain signal the brand could ...
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, ...
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Darden Restaurants Stock: Is DRI Outperforming the Consumer Discretionary Sector?
While Darden Restaurants has outpaced the broader consumer discretionary sector over the past year, analysts maintain a ...