Going All Gestapo On The Breadsticks, Forcing Darden Board Members To Work The Dinner Rush At Olive Garden PAID OFF
They might've grumbled about it to the line cooks at the time but they are grumbling no more!
Darden Restaurants reported quarterly profit that topped Wall Street estimates as menu changes and improved service at its Olive Garden restaurants helped lure more diners. Darden’s sales at established Olive Garden restaurants were up 2.7 percent in the first quarter, helped by a long-hoped-for increase in traffic. Excluding items, Darden earned 68 cents a share from continuing operations. Analysts on average had expected earnings of 58 cents a share.
Olive Garden Improvements Help Darden Top Estimates [Reuters]
Earlier: Olive Garden Turnaround Involved Hedge Fund Execs Uttering The Words “Can I Get You Started With Our Smoked Mozzarella Fonduta?” During A Dinner Rush; Hedge Fund To Olive Garden: You Wanna Make Some Real Money? Cut The Breadstick Bull Sh*t