Darden Restaurants, Inc.
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 Restaurants 1995–2014 Golden Gate Capital 2014–
Cheddar’s differentiates itself from the competition by claiming to use “simple, honest, natural ingredients,” and “ scratch -made recipes, handcrafted with care and time.” Ribs are slow-smoked starting early in the morning, and a glimpse into the kitchen will reveal what looks a lot more like an independent restaurant
Darden has more than 1,500 restaurant locations and more than 150,000 employees, making it the world’s largest full-service restaurant company . Darden Restaurants.
|Divisions||Olive Garden LongHorn Steakhouse Cheddar’s Scratch Kitchen Yard House The Capital Grille Seasons 52 Bahama Breeze Eddie V’s Prime Seafood|
Carrabba’s , owned by Bloomin’ Brands, and Olive Garden , owned by Darden Restaurants, seem in a race to reinvent themselves. (The restaurant group’s other brands include Longhorn Steakhouse and Bahama Breeze.)
McDonald’s owns or franchises almost 39,000 of its fast-food restaurants in 119 countries. As the owner of Olive Garden , Longhorn Steakhouse, and several other restaurant chains, Darden operates more than 1,700 restaurants, most of which are in North America. McDonald’s popular quarter-pounder with cheese sandwich.
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.
But Texas Roadhouse is valued at more than $3 billion, whereas Bloomin’ Brands and its entire portfolio of restaurants — Outback , Carrabba’s Italian Grill, Fleming’s Prime Steakhouse & Wine Bar and Bonefish Grill — is valued at well under $2 billion.
Red Lobster being sold for $2.1 billion .
Olive Garden is an American casual dining restaurant chain specializing in Italian -American cuisine. It is a subsidiary of Darden Restaurants, Inc., which is headquartered in Orange County, Florida.
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.
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).