Darden Restaurants | Food Newsfeed
Continue to Site

Darden Restaurants

Cheddars.jpg

Cheddar's Scratch Kitchen

Can Darden Work its Magic with Cheddar's?

Darden’s “brilliant with the basics” operating strategy has been the anchor for its industry-fronting results for years now, and the fourth quarter was no different. Same-store sales increased at every brand except its most recent acquisition, Cheddar’s Scratch Kitchen, resulting in a blended lift of 2.

Cheddars.jpg

Cheddar's Scratch Kitchen

Why Cheddar's is Off to a Slow Start Under Darden

Hurricane Harvey made landfall on the final weekend of Darden’s first quarter. In that short time, the catastrophic storm left a pronounced impact on the casual dining company’s bottom line. Rick Cardenas, Darden’s senior vice president and CFO, said during a conference call that the day before Harvey hit Texas, where Darden has 99 total units across its brands (including 47 Cheddar’s Scratch Kitchen locations), same-restaurant sales for the quarter were up 2 percent.

Cheddars.jpg

Cheddar's Scratch Kitchen

Darden-Acquired Cheddar's Closing Corporate Office

Now under the umbrella of casual dining giant Darden, Cheddar’s Scratch Kitchen is no longer in need of a corporate office. The 165-unit brand (140 company-owned) will close its office in Irving, Texas, and cut 69 positions, according to documents filed with the Texas Workforce Commission and reported by The Dallas Business Journal.

Ched2.jpg

Cheddar's Scratch Kitchen

3 Takeaways from Darden’s Bombshell Announcement

Coinciding with the brand’s announcement of its Q3 earnings results, Darden Restaurants will add casual dining brand Cheddar’s to its portfolio that includes Olive Garden and LongHorn Steakhouse.Why Did Darden Take This Gamble? Read More About it HereFrom expanding to-go offerings to focusing on real estate, here’s a look at how the company continues to improve its restaurants and how it plans to integrate Cheddar’s.

dardennew.jpg

Darden Restaurants

Darden Restaurants Honors its Top Suppliers

Darden Restaurants recently announced the recipients of its annual “William B. Darden Distinguished Supplier Awards.” The award, named for the company's late founder, recognizes suppliers who continuously exceed expectations by providing innovative products and services that contribute to the success of the company.