Financing
Why everybody isn’t posting numbers like Darden Restaurants’
The parent of Olive Garden and Capital Grille said its strong third quarter was the result of working a plan that’s long been in place. Here’s a refresher on some of the components.
Financing
Olive Garden backs off promotions, citing better industry conditions
The Italian chain posted a same-store sales increase of 3.5% for Q2, but Cheddar’s Scratch Kitchen continued to underperform for the chains’ parent, Darden Restaurants.
More than half of the restaurant industry’s $491 billion in sales come from the Top 500 chains. And these giants grew at a modestly stronger rate, both in terms of sales and store counts, than the industry overall. Restaurant Business focused on the leading 250 performers to identify trends for our first-ever special report delivering lessons from Technomic’s annual Top 500 Chain Restaurant Report. This special package includes lessons for all operators from the largest chains by segment, menu category and more.