Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

Skip to comments.

Olive Garden Owner Darden Restaurants Warns on 3rd Quarter (Red Lobster, Longhorn Steakhouse)
AOL Daily Finance / The Associated Press ^ | February 22, 2013

Posted on 02/23/2013 2:05:43 PM PST by 2ndDivisionVet

ORLANDO, Fla. (AP) - Darden Restaurants (DRI), struggling to draw more customers into its Olive Garden and Red Lobster restaurants, said Friday that its third-quarter profit could fall below Wall Street's expectations and cut its outlook for the year.

The Orlando, Fla.-based chain has tried to revamp menus and marketing for its flagship chains. But revenue at Olive Garden, Red Lobster and LongHorn Steakhouse locations open at least one year is expected to fall 4.5 percent in the quarter ending Feb. 24, indicating those efforts have yet to pay off...

(Excerpt) Read more at dailyfinance.com ...


TOPICS: Business/Economy; Food
KEYWORDS: dardenrestaurants; economy; florida; food; longhornsteakhouse; olivegarden; recession; redlobster; restaurants
Navigation: use the links below to view more comments.
first 1-2021-4041-6061-69 next last

1 posted on 02/23/2013 2:05:53 PM PST by 2ndDivisionVet
[ Post Reply | Private Reply | View Replies]

To: 2ndDivisionVet

I like Olive Garden.

0dungo-nation at work.


2 posted on 02/23/2013 2:10:31 PM PST by bicyclerepair (Zombies Eat Brains. Half of FL is safe.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: 2ndDivisionVet

O’s economy is now even hurting the cheap, family type restaurants like Olive Garden. Not just the high end places. Next thing will be McD’s and BK.


3 posted on 02/23/2013 2:12:13 PM PST by mnehring
[ Post Reply | Private Reply | To 1 | View Replies]

To: bicyclerepair

Used to go to those three somewhat often. Can’t afford the Burger King dollar menu these days.


4 posted on 02/23/2013 2:12:45 PM PST by 2ndDivisionVet (I'll raise $2million for Sarah Palin's presidential run. What'll you do?)
[ Post Reply | Private Reply | To 2 | View Replies]

To: 2ndDivisionVet

I used to go to all three on occasion and have stopped because the service is poor. Food arrives lukewarm...never hot.


5 posted on 02/23/2013 2:15:21 PM PST by Ouderkirk (Obama has turned America into an aristocracy of the unaccomplished.)
[ Post Reply | Private Reply | To 4 | View Replies]

To: 2ndDivisionVet

Just wait until the impact of all the tax increases filters through the economy. What little growth there was in the private sector is going to dry up like the prairie in August. Decisions have consequences. The decision of the GOP to cave into Obama is going to have dire ones.


6 posted on 02/23/2013 2:16:09 PM PST by littleharbour ("All men having power ought to be distrusted to a certain degree. ~ James Madison)
[ Post Reply | Private Reply | To 4 | View Replies]

To: 2ndDivisionVet
Maybe Obama will show up at a Red Lobster on Monday and relate this to the Sequester.


7 posted on 02/23/2013 2:18:36 PM PST by COBOL2Java (Fighting Obama without Boehner & McConnell is like going deer hunting without your accordion)
[ Post Reply | Private Reply | To 1 | View Replies]

To: 2ndDivisionVet

Wait until the “deathstar” of ObamaCare fully hits these businesses.


8 posted on 02/23/2013 2:18:50 PM PST by headstamp 2 (What would Scooby do?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: 2ndDivisionVet

Nothing at all to do with the federal theft of our wages. Fatzilla forced all of us to cough up more of our limited income to feed its insatiable maw, but fatzilla can’t reduce it’s belt notch a lousy 1% without incessant hysteria and claims of wolf-at-the-door. Those people and their constant cries of wolf make me absolutely sick. And it’s the same stinking behavior from every local school district, town, village, city, county, and state government. Why can’t they just man-up and make do with what they extort from us?


9 posted on 02/23/2013 2:19:48 PM PST by ProtectOurFreedom
[ Post Reply | Private Reply | To 1 | View Replies]

To: littleharbour
The GOP had better wake up. Each policy victory by the DemonRATs and the Obama Syndicate is like a machete chop to the economy. A graphic picture here gives my meaning:


10 posted on 02/23/2013 2:24:12 PM PST by jonrick46 (The opium of Communists: other people's money.)
[ Post Reply | Private Reply | To 6 | View Replies]

To: ProtectOurFreedom

Federal civilian employees are getting a PAY RAISE for goodness sakes!!


11 posted on 02/23/2013 2:31:57 PM PST by 2ndDivisionVet (I'll raise $2million for Sarah Palin's presidential run. What'll you do?)
[ Post Reply | Private Reply | To 9 | View Replies]

To: 2ndDivisionVet

When gas is $3.98 per gallon, it leave a lot less to eat out on.


12 posted on 02/23/2013 2:34:09 PM PST by Yulee (Village of Albion)
[ Post Reply | Private Reply | To 1 | View Replies]

To: 2ndDivisionVet

I have not set foot in one of these places since they pulled their ads from Glenn Beck on Fox.


13 posted on 02/23/2013 2:34:45 PM PST by bmwcyle (People who do not study history are destine to believe really ignorant statements.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: mnehring
Hunkering down and becoming cheap in the face of so much uncertainty becomes a strong habit. We have gift cards we don't even seem to use.
14 posted on 02/23/2013 2:35:03 PM PST by Average Al
[ Post Reply | Private Reply | To 3 | View Replies]

To: 2ndDivisionVet

Maybe the Dems desired massive hike in minimum wage will help! /s


15 posted on 02/23/2013 2:35:03 PM PST by Obama_Is_Sabotaging_America (PRISON AT BENGHAZI?????)
[ Post Reply | Private Reply | To 1 | View Replies]

To: 2ndDivisionVet

We like Longhorn. But, as retirees, we cannot afford it much.


16 posted on 02/23/2013 2:35:19 PM PST by Shery (in APO Land)
[ Post Reply | Private Reply | To 1 | View Replies]

To: 2ndDivisionVet

There are great Olive Gardens, and AWFUL Olive Gardens. Consistency through the chain is not their strong point.

I ate at a Longhorn years ago. It was awful.

I much prefer Texas Roadhouse. Great food, well prepared, great service, and consistency - every TR I’ve patronized has been splendid.

Just my two cents...


17 posted on 02/23/2013 2:36:50 PM PST by Peter W. Kessler (Dirt is for racing... asphalt is for getting there.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: 2ndDivisionVet

IIRC, the CEO of Longhorn Steakhouse, Clarence Otis Jr., has donated thousands of dollars to democrats.


18 posted on 02/23/2013 2:39:02 PM PST by trisham (Zen is not easy. It takes effort to attain nothingness. And then what do you have? Bupkis.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: 2ndDivisionVet

Well, I have another suggestion for them: try serving something called “good food”.

Oh, their commercials always make their food look oh so tempting an luscious.....til you actually go into one and see what’s dumped onto your plate.

I’ve eaten in all three of those chains. I could have just chewed on the menu and gotten the same satisfaction. Horrid.


19 posted on 02/23/2013 2:39:24 PM PST by RightOnline (I am Andrew Breitbart!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: 2ndDivisionVet

Well, I have another suggestion for them: try serving something called “good food”.

Oh, their commercials always make their food look oh so tempting and luscious.....til you actually go into one and see what’s dumped onto your plate.

I’ve eaten in all three of those chains. I could have just chewed on the menu and gotten the same satisfaction. Horrid.


20 posted on 02/23/2013 2:39:51 PM PST by RightOnline (I am Andrew Breitbart!)
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-4041-6061-69 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson