News

Owner of Olive Garden, Longhorn Steakhouse brands looks to offload Caribbean restaurant chain
Darden CEO Rick Cardenas said Friday the company was 'considering strategic alternatives' for Bahama Breeze such as selling ...
Darden: Excellent Q4 Results, But Valuation Is Full
Darden Restaurants thrives with Olive Garden & LongHorn growth, robust guidance, and dividends. Learn why it's a 'hold' ...
Beloved Caribbean-Inspired Restaurant To Permanently Shut Down All Locations
After announcing several nationwide closures in May, a beloved restaurant chain owned by Darden Restaurants is calling it ...
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Darden Restaurants Stock: Is DRI Outperforming the Consumer Discretionary Sector?
While Darden Restaurants has outpaced the broader consumer discretionary sector over the past year, analysts maintain a ...
Beloved Caribbean-inspired restaurant chain announces it will look to sell all locations
Darden Restaurants CEO Rick Cardenas announced during an earnings call on Friday that the Bahama Breeze restaurant chain ...
What's next for Bahama Breeze? Owners say big change is coming.
A little over a month after 15 locations were abruptly closed, owners of the Caribbean-inspired chain signal the brand could ...
Darden Restaurants Raises Dividend by 7.1%, Sets New $1 Billion Buyback
Darden Restaurants' board has increased the restaurant operator's quarterly dividend by 7.1%, to $1.50 from $1.40, and approved a new $1 billion share-repurchase program. The new quarterly payout, ...