The Darden family of restaurants features some of the most recognizable and successful brands in full-service dining: Olive Garden ®, LongHorn Steakhouse ®, Cheddar’s Scratch Kitchen ®, Yard House ®, The Capital Grille ®, Seasons 52 ®, Bahama Breeze ® and Eddie V’s ®.
– Darden Announces Sale of Red Lobster to Golden Gate Capital for $2.1 Billion.
Darden Restaurants (NYSE:DRI) competes for the same customers who dine at several other nationwide casual-dining restaurant companies that include Bloomin’ Brands (NASDAQ:BLMN) and Brinker International (NYSE:EAT), which are known for their Outback Steakhouse and Chili’s Grill & Bar concepts, respectively.
Darden Restaurants gift cards can be redeemed at any Olive Garden , LongHorn Steakhouse, Bahama Breeze, Seasons 52, Yard House, or any other Darden-connected restaurant in the U.S. No returns and no refunds on gift cards .
If Darden focuses more on Longhorn Steakhouse, what would this mean for Outback Steakhouse, owned by Bloomin’ Brands (NASDAQ:BLMN), and Texas Roadhouse (NASDAQ:TXRH)? Longhorn Steakhouse was purchased by Darden Restaurants in 2007. Darden has about 464 Longhorn Steakhouse locations.
Red Lobster Gift Cards are redeemable at all Red Lobster locations in the United States or when placing To Go and delivery orders at www. RedLobster .com.
According to the corporate website Darden gift cards may be redeemed at any Olive Garden , LongHorn Steakhouse, Bahama Breeze, Seasons 52, Yard House, Red Lobster or any other Darden restaurant in the U.S.
Darden Restaurants, Inc. As of April 2017, the firm owns two fine dining restaurant chains: Eddie V’s Prime Seafood and The Capital Grille; and six casual dining restaurant chains: Olive Garden, LongHorn Steakhouse, Bahama Breeze, Seasons 52, Yard House and Cheddar’s Scratch Kitchen.
As of 2014, Darden Restaurants owned 1,520 restaurants, excluding more than 700 Red Lobster locations. The Darden brands compete with restaurants owned by Brinker International (EAT), Bloomin’ Brands (BLMN), Texas Roadhouse (TXRH), The Cheesecake Factory (CAKE), and Buffalo Wild Wings (BWLD).
Olive Garden parent sells Red Lobster (AP) — Darden Restaurants said it will sell its Red Lobster chain to investment firm Golden Gate Capital for $2.1 billion. The company , which also owns Olive Garden , announced late last year that it planned to spin off or sell Red Lobster to improve its financial performance.
Outback Steakhouse parent Bloomin’ Brands Inc. Such pressures have hurt Olive Garden parent Darden Restaurants Inc., DRI 0.73% which also owns Red Lobster and Outback competitor LongHorn Steakhouse. Darden’s business has fluctuated over the past year as it deals with higher food costs and tougher competition.
Olive Garden gift cards can be redeemed at any Darden restaurant including LongHorn Steakhouse, Olive Garden , Bahama Breeze, The Capital Grille, Yard House, Eddie V’s or Seasons 52.