darden restaurants

Why Olive Garden and Red Lobster Will Never Be Great Again

The company behind Red Lobster and Olive Garden -- as well as the smaller LongHorn Steakhouse, Capital Grille, and Bahama Breeze concepts -- saw its stock hit a new all-time high on Friday after it posted better-than-expected quarterly results. But trends at its two most important restaurants are cause for concern.

Can Fast Food Really Make America Healthier?

McDonald's and other fast-food establishments recently garnered praise from First Lady Michelle Obama for making great strides toward "making America healthier." But how admirable have their efforts really been? Here's a closer look at the likely effects of changes to the happy meal -- and a different business's better efforts.

5 Things to Watch Next Week on Wall St.

Next week's biggest news is all but certain to be Apple's introduction of the iPhone 5, led by new CEO Tim Cook. Beyond that, there will be quarterly reports from Darden Restaurants (Olive Garden, Red Lobster), Monsanto, and Costco, as well as a big-screen offering from IMAX.

Consumers Are Finding Cash for 'Small Luxuries'

As the economy improves, Americans have begun splurging again. But they're limiting their indulgences to haircuts, casual dining and coffee, while continuing to forego many bigger expenditures, like vacations and dining at expensive restaurants.

Nine Valentine's Day Stocks to Sweeten Your Portfolio

Spending for the lovers' holiday this year is expected to climb 5.8% over 2009, and that spells opportunity for investors. Here are some greeting card, candy, jewelry, flower and restaurant stocks that could get a lift from sweethearts looking for that special something.

Darden Restaurants Reports Quarterly EPS of 80 Cents

Darden Restaurants (DRI), owner of brands including Olive Garden and Red Lobster, reported quarterly net earnings from continuing operations of 80 cents per share, up from 67 cents per share a year earlier. Sales from continuing operations were $1.81 billion in the quarter ended Aug. 29, up 4.2% from a year earlier, the company said in a statement.

Recession Takes a Bite Out of Power Lunch

Restaurant traffic is down in 2009, with industry experts blaming cutbacks in expense-account dining in part for the drop. That's a problem for deal-making, as a third of CFOs say their most successful business meeting was conducted over a meal.