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Olive Garden

Financing

Olive Garden's parent is preparing for a slowing economy

 By Joe Guszkowski on Jun. 22, 2023

Stagnant spending will keep a lid on growth at Darden Restaurants over the next 12 months, but it still expects to outpace the industry.

Financing

Olive Garden says lower prices are helping sales

 By Joe Guszkowski on Mar. 23, 2023

The chain’s strategy to undershoot inflation is driving more guests to its restaurants, executives said. And it believes peak pricing is now in the rearview mirror.

Financing

Olive Garden gets boost from return of Never Ending Pasta Bowl

By Joe Guszkowski on Dec. 16, 2022

Sales and traffic improved significantly at the chain as guests came back for the popular promotion.

Marketing

Olive Garden is bringing back the Never Ending Pasta Bowl after all

By Joe Guszkowski on Sep. 29, 2022

After casting doubt on the future of the popular promotion, the chain is reviving it as sales and traffic slow.

Financing

Lower-income guests are pulling back at Olive Garden

By Joe Guszkowski on Sep. 22, 2022

Inflation is pinching people earning less than $50,000, but higher-income customers have held strong, executives said Thursday.

Financing

Darden's Q4 margins outstrip pre-COVID levels despite below-inflation pricing

By Peter Romeo on Jun. 23, 2022

The parent of Olive Garden and LongHorn Steakhouse said its ongoing effort to simplify operations lowered labor costs.

Topics

This highlight reel of restaurant fights would make Mike Tyson wince

By Peter Romeo on Mar. 29, 2022

Restaurant Rewind: Carl Icahn's battle with McDonald's brings to mind these all-time classic bouts between investors and restaurant companies.

Operations

Why Darden CEO Gene Lee isn’t worried about consumers’ spending power

By Joe Guszkowski on Mar. 24, 2022

On his final earnings call as chief executive, Lee provided some parting wisdom about the state of restaurants in an unusual moment for the economy.

Financing

Olive Garden owner’s record sales overshadowed by omicron

By Joe Guszkowski on Mar. 24, 2022

A historic December gave way to a difficult January for Darden Restaurants, but it had bounced back again by February.

Financing

Olive Garden hints at end of Never-Ending Pasta Bowl

By Joe Guszkowski on Dec. 17, 2021

Executives said the popular promotion had negative impacts—and it did just fine without it this year.

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