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Darden Restaurants Inc

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  • After Three Long Years, Families Dining Out Again Wednesday, 10 Nov 2010 | 12:48 PM ET
    family_at_diner_200.jpg

    Grab the crayons and the kids' menus, families are dining out again. Restaurant visits from families or parties with children this past summer rose after three years of declining traffic, according to market researcher NPD Group.

  • Darden Gets Bit by Its 'No Discount' Strategy Wednesday, 22 Sep 2010 | 11:24 AM ET
    Longhorn Restaurant

    Darden Restaurants, the operator of LongHorn Steakhouse, Olive Garden and Red Lobster, has never been one to look for a short-term pop from using discounts to lure diners into its restaurants, but that strategy can sometimes be tough for investors to swallow. As consumers begin dining out more, Darden's competitors have been easing off the discounts, and they've been seeing a big boost in their average check. This means it's not so easy for Dardent to outshine its rivals, and Darden's shares are taking a hit as a result. Chairman and CEO Clarence Otis defends the company's peformance in the latest quarter.

  • If New Salmon Is Approved, Will Anyone Eat It? Tuesday, 21 Sep 2010 | 2:21 PM ET
    salmon_200.jpg

    As the FDA continues to take testimony over whether a genetically engineered salmon by Aqua Bounty is safe to eat, environmentally sound to raise, and whether it requires special labeling, there is a bigger question.  Would anyone eat it?

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  • Darden CEO Expects Double-Digit Earnings Growth Thursday, 24 Jun 2010 | 11:12 AM ET

    Darden Restaurants, the Number 1 casual restaurant chain in the United States, which has reported down quarters over the last 12 months, expects earnings growth of 15 percent to 18 percent in 2011.

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  • Gulf Spill Forces Oysters Off Red Lobster's Menu Wednesday, 23 Jun 2010 | 2:34 PM ET
    Oyster

    Red Lobster will soon take oysters off its menu, after its supplier was forced to shut down due to oil spill in the Gulf.

  • Katrina Not Even Close To This: Gulf Oyster Supplier Wednesday, 23 Jun 2010 | 2:22 PM ET
    Oyster

    John Tesvich is president of Ameripure Processing Company and had to lay off 48 people at his firm which shut down and told Darden Restaurants  that Ameripure could no longer supply them with oysters.