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Darden profit off 28% as Olive Garden sales slip (Thanks to Michelle Obama...)
Marketwatch ^ | 12/16/11 | Annie Gasparro

Posted on 12/16/2011 5:45:46 PM PST by jimbo123

--Olive Garden's struggles continue to weigh down Darden's earnings

--Darden says Olive Garden didn't change with the times coming out of recession

--Expects lower commodity inflation, more cost savings initiatives in second half of FY12

NEW YORK (MarketWatch) -- Darden Restaurants Inc.'s DRI -.00% fiscal second-quarter earnings fell 28% on continued woes at the casual-dining company's Olive Garden restaurant chain.

Over the past year, Darden, which also owns Red Lobster and Longhorn Steakhouse, has struggled to garner momentum for Olive Garden, its largest chain, chalking up the sales and traffic declines to promotional misfires and increased competition.

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


TOPICS: News/Current Events
KEYWORDS: fail; garlic; mafia; michelleobama; obamafail; olivegarden; sex; vomit
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To: jimbo123

Good. I have sworn off ALL Darden restaurants because of their Hussein ass kissing.


41 posted on 12/16/2011 8:32:58 PM PST by Recovering_Democrat
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To: BobL

I swear I didn’t read yours before I wrote mine!


42 posted on 12/16/2011 8:33:50 PM PST by CrazyIvan (Obama's birth certificate was found stapled to Soros's receipt.)
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To: CrazyIvan

“I swear I didn’t read yours before I wrote mine!”

LOL, I do believe you.


43 posted on 12/16/2011 8:44:49 PM PST by BobL ("Heartless" and "Inhumane" FReepers for Cain - we've HAD ENOUGH)
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To: jimbo123

Olive Garden sucks, I’ll never go back again- I only went because of a gift card. Red Lobster has made my wife and several family members sick, multiple times. I didn’t know that they were the same outfit until this thread. (I love Fishdaddy’s!)


44 posted on 12/16/2011 9:21:54 PM PST by matthew fuller (Hey Buckwheat- What the Hell are we paying you for?...(GO LEROY!))
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To: Vermont Lt
Could it be that at some point people will eat real Italian food? And once they do, they will realize how much Olive Garden sucks.

I went to Italy for 10 days and ate "real Italian food". I prefer Olive Garden - at least there's some variety. We ate the same thing every darn day.

45 posted on 12/16/2011 9:38:25 PM PST by Shethink13
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To: terycarl
I like the food at the Olive Garden here in Fairlawn, OH. But I don't like the fact that the US flag is banned. Had I known that, I would not have bought a gift certificate for her family this Christmas.
46 posted on 12/16/2011 9:51:21 PM PST by RightLady (Liberty above all)
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To: fatnotlazy
If my Italian grandmother could taste the slop OG puts out, she would be chasing the chef around with a meat cleaver...funny - my Italian (second generation Sicilian) wife and I, living in our small town with about a 60% Italian population and a number of local Italian eateries, eat at one or another of several nearby OG's probably once a month - and like it - a matter of taste apparently.....
47 posted on 12/16/2011 9:54:25 PM PST by Intolerant in NJ
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To: terycarl

I like the food at the Olive Garden here in Fairlawn, OH. But I don’t like the fact that the US flag is banned. Had I known that, I would not have bought my daughter a gift certificate for her family this Christmas.


48 posted on 12/16/2011 9:55:15 PM PST by RightLady (Liberty above all)
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To: fatnotlazy

I grew up in the Finger Lakes region of Western NY where even the names in the phone books have mustaches!

I was eating stuffed peppers before most people were even weaned!

My mom made this amazing red sauce that you could eat on anything, hell, if you put it on your Cheerios they’d be the best Cheerios you ever ate in your life!

Cripes my mom was German and she made better Italian food than I had at OG....


49 posted on 12/16/2011 11:16:37 PM PST by djf (http://www.freerepublic.com/focus/f-chat/2801220/posts)
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To: Shethink13

I have an 89 year old Italian MIL. You are welcome to come over any day to enjoy the best sauce ever. I would love to eat it every day. My cardiologists suggests otherwise.


50 posted on 12/17/2011 5:40:02 AM PST by Vermont Lt (I just don't like anything about the President. And I don't think he's a nice guy.)
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To: BobL

I am a proud Olive Garden basher...actually, we had very poor experiences with them over the years; we generally had good food and service at Red Lobster, though. Now we avoid ALL Darden restaurants.


51 posted on 12/17/2011 6:15:20 AM PST by Recovering_Democrat
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To: stilloftyhenight
"OG...stinks"

That may be true, but you just might have better taste buds than me. When my mother cooked spaghetti, she mixed tomato soup and ketchup for the sauce. She cooked the hell out just about everything , because that was the way my father liked it. When I moved out of the house and made my own spaghetti using store-bought sauce, I was amazed at how delicious spaghetti was.

In short, aside from a few dishes, just about everything I've eaten in restaurants surpassed my mother's cooking...especially Italian dishes. Now maybe you come from a part of the country where Italian cooking is common and standards are higher. But all I can say is OG beats my mother's cooking of Italian dishes hands down.

52 posted on 12/17/2011 6:48:19 AM PST by driftless2
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To: Recovering_Democrat
we generally had good food and service at Red Lobster, though. Now we avoid ALL Darden restaurants

why?

53 posted on 12/17/2011 8:13:12 PM PST by terycarl (lurking, but well informed)
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To: indylindy

Interesting.

Their profit is down 28% but they won’t be burdended with the obama care expenses. For now. Moving forward, their profits will decrease further and after the election, the obamacare waiver will go away. What then Darden?

Sucks to be them.


54 posted on 12/17/2011 8:25:28 PM PST by Texas resident (Hunkered Down)
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To: terycarl

Because they bent over for Team Hussein’s Dietery Demands.


55 posted on 12/17/2011 9:17:53 PM PST by Recovering_Democrat
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