Olive Garden parent company Darden faces board takeover from activist investordoi:urn:uuid:473a5641198f8410VgnVCM100000d7c1a8c0RCRDOlive Garden's parent company Darden Restaurants could lose control of its board at its annual meeting Friday....
“While we fell short of our expectations for the first quarter, I firmly believe in the strength of our business.” Same-restaurant sales fell 2.9% at Olive Garden, rose 3.7% at LongHorn and were down 6% at the company’s fine dining segment. ...
That’s why you need to be on the lookout for phishing emails. These emails appear to be from a legal company you’re familiar with—like your bank, credit card company, an online store, or, yes, a school—but are actually from a hacker.However, there are a few tricks to decode if...
I don’t consider myself my dogs’ mother or owner. I’m their person and they are my dogs. It’s a mutually beneficial relationship for the most part (although I’m not sure Olive would agree I’ve lived with the same person for the past 40+ years, and he is my person...
Olive Garden parent company names interim CEO after board takeoverdoi:urn:uuid:468843729ee09410VgnVCM200000d6c1a8c0RCRDOlive Garden's parent company Darden Restaurants promoted Chief Operating Officer Gene Lee to interim CEO after a board takeover by an activist investor last week....
To limit healthcare costs, Olive Garden parent tests part-time statusThe Washington Post
The article reports that on August 26, 2008, Darden Restaurants warned its fiscal first-quarter earnings would fail to meet analysts' expectations. Darden's stock price fell over 12% on the news. Chief executive Clarence Otis noted that Darden is operating in a difficult economic environment ...
Red Lobster, Olive Garden Parent to Try Price PromosNEW YORK -- After new ad campaigns touting the quality of its food failed to spark sales, the parent company of Olive Garden and Red Lobster is retooling its strategy to attract diners with more promotional deals.Winnipeg Free Press...
Olive Garden Parent Suffers 28% Slide in Profitsdoi:urn:uuid:c055cd0856644310VgnVCM100000d7c1a8c0RCRDDarden Restaurants disclosed an in-line 28% drop-off in fiscal second-quarter profits due to deteriorating sales at its Olive Garden restaurants.Robert Daniel...
Time to Break Up Darden? Olive Garden Parent Faces Shareholder Pressuredoi:urn:uuid:58aa83d436e91410VgnVCM100000d7c1a8c0RCRDBarington reportedly wants Darden to split its Olive Garden and Red Lobster chains with higher-growing restaurants.Matt Egan...