Business
Darden Restaurants Inc., the owner of Olive Garden and Red Lobster, will buy Irvine-based restaurant chain Yard House USA Inc. for $585 million in cash.
July 12, 2012
Darden Restaurants to buy Yard House chain for $585 million
July 13, 2012
Olive Garden owner Darden to buy Yard House for $585 million
Darden Restaurants Inc., which operates the Olive Garden and Red Lobster restaurant chains, said Thursday that it agreed to buy the owner of the LongHorn Steakhouse and Capital Grille chains for about $1.19 billion in cash and notes.
Aug. 17, 2007
Darden missteps, ‘Obamacare’ flap dent Olive Garden owner’s profit
Dec. 20, 2012
Darden’s Olive Garden, Red Lobster sales disappoint
June 22, 2012
Darden Restaurants Inc.’s second quarter was far from appetizing, as the owner of Olive Garden and Red Lobster watched its net income plunge 37%.
Darden Restaurants Inc.’s efforts to spruce up Olive Garden’s lagging sales, including national promotions and cost cuts, were “less effective than anticipated,” the company said while announcing its fiscal fourth-quarter earnings Friday.
Darden Closes China Coast Chain: The Orlando, Fla.
Aug. 23, 1995
Darden Restaurants Inc. reported a 29% drop in quarterly earnings Tuesday as a decline in customers hurt sales and food and acquisition costs rose.
Dec. 19, 2007