The Latest Breaking News from LongHorn Steakhouse

Being a server is a challenging job: dealing with difficult customers, constantly on their feet, and making endless kitchen runs, all without a guaranteed tip. Special promotions can add extra stress since customers may feel less inclined to tip generously. With Olive Garden’s annual Never-Ending Pasta among us, one former…

Darden Restaurants also own Olive Garden and Longhorn Steakhouse, and says some locations could be converted

With the market expected to remain under pressure in the near term, one could invest in quality dividend-paying stocks, Procter & Gamble (PG) and Darden Restaurants (DRI), without hesitation. Moreover, these stocks are expected to benefit this holiday season significantly. Continue reading.

Darden Restaurants Inc (NYSE:DRI) reported fourth-quarter FY22 sales growth of 14.2% year-on-year to $2.60 billion, beating the consensus of $2.54 billion. Same-restaurant sales increased 11.7% versus last year. Olive Garden sales increased 8.2%, LongHorn Steakhouse climbed 13.2%, and Fine Dining jumped 40.7%. Darden clocked an operating margin of 13%, and the operating income…