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Olive Garden’s Earnings Shed Light on Economic Disparities: Wealthy Patrons Dining Out While Others Struggle

Darden Restaurants Inc., the parent company of popular chains like Olive Garden and LongHorn Steakhouse, has observed a concerning trend in consumer behavior, particularly among lower-income ... read more

Mom of Utah grief author accused of poisoning her husband also possibly involved in his death, affidavit says

The Summit County Sheriff's investigator wrote in the affidavit it is "possible" that Lisa Darden, the mother of Kouri Richins, was "involved in planning and orchestrating" Eric Richins' death. read more

Olive Garden's owner says lower-income customers are cutting back while richer diners are eating out more

Darden Restaurants says lower-income customers are visiting its brands less often. The CEO of Darden, which owns a range of fast-casual and fine-dining chains including Olive Garden, LongHorn ... read more

Darden Restaurants (NYSE: DRI)

Darden Restaurants, Inc. is a full-service restaurant company, which engages in the provision of restaurant services. It operates through the following segments: Olive Garden, LongHorn Steakhouse ... read more

Olive Garden’s earnings just pulled back the curtain on the economy: The rich are dining out while the poor are falling back

Think endless soup, salad, and breadsticks at Olive Garden and the irresistible rolls from LongHorn steakhouse. But from what the CEO of Darden Restaurants Inc. (which owns those two brands ... read more

Olive Garden, Ruth’s Chris parent’s lower-income customer is spending much less

Shares of Darden Restaurants Inc. took a bitter turn Thursday, after the parent of the Olive Garden and Ruth’s Chris Steak House chains reported a surprise decline in same-restaurant sales ... read more

Darden Restaurants Stock Sinks as Sales Hurt by 'Tougher' Operating Environment

Scott Olson / Getty Images Darden Restaurants missed quarterly revenue forecasts and lowered its full-year sales outlook Thursday as it faced a tougher-than-expected operating environment. read more

Olive Garden is too expensive if you’re making less than $75K

Even Olive Garden is becoming increasingly too expensive for many Americans. The casual family restaurant chain that offers an “authentic” version of Italian food has seen fewer middle- and ... read more

Darden Restaurants Analysts Cut Their Forecasts After Q3 Results

Darden Restaurants Inc DRI reported mixed results for its third quarter on Thursday. Darden Restaurants reported third-quarter FY24 sales growth of 6.8% year-on-year to $2.975 billion, missing the ... read more

Darden under pressure as consumers hit 'breaking point': Analyst

Darden called it out this quarter, as under $75,000 household customers pulled back materially. Over $150,000 actually saw transactions grow. And so there's clearly a dichotomy in the consumer ... read more

Customers Are Flocking to Olive Garden in Droves—Here's Why

But as some rival chains are seeing their popularity falter, customers have been flocking to Olive Garden in droves. The foot-traffic analyst firm Placer.ai just released a new report exploring ... read more

Does Olive Garden Still Have the Special Sauce?

High expectations can have negative consequences, though, and Darden Restaurants shares were tumbling Thursday morning, on pace for their sharpest retreat in nearly two years. Revenue grew by 6.8% ... read more