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Olive Garden

Financing

Olive Garden and LongHorn Steakhouse find new profitability as sales return

The chains generated record restaurant-level margins last quarter as improved same-store sales coupled with better operations led to stronger profits.

Workforce

Labor group sues Olive Garden's parent in a challenge of the tip credit

The lawsuit by One Fair Wage against Darden Restaurants contends the credit is a violation of federal anti-discrimination rules.

Darden Restaurants says it will reward hourly employees with $17 million in bonuses while raising its pay scale to $12 an hour.

The list of operators opting for that course is growing quickly.

Darden Restaurants will provide four hours of paid time for getting the anti-COVID shots, but will not require the inoculations

Rick Cardenas will move up to president and COO of Darden Restaurants while Raj Vennam will become CFO.

Parent Darden Restaurants is sketching out a five-year technology "road map" while looking at increased expansion opportunities for its biggest brand.

Included were 225 Darden employees who opted for early retirement and former COO Dave George, whose departure was described as an “involuntary separation.”

As the crisis enters its fifth month, operators are still looking for insight on these matters keeping them up at night.

The crisis has provided a unique opportunity to review some practices and approaches, according to Gene Lee, the CEO of Darden Restaurants. Here are some of the insights he says the company has gleaned.

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