Popular steakhouse, Ruth's Chris was recently sold. See what their new owners have in store for Ruth's Chris and plans to grow this favorite steakhouse.
According to the company’s 2nd quarter 2024 earnings call on Dec. 15, things are looking good for Darden Restaurants Inc. (NASDAQ: DRI). The restaurant group plans to open 50 to 55 new locations, though specifics on new locations were not mentioned.
Sales at Orlando-based Darden Restaurants grew in the quarter ending Aug. 27, but its fine-dining business continued to weaken compared with last year. Total sales improved 11.6% to $2.7 billion in the quarter, a figure that included the addition of 77 company-owned Ruth’s Chris Steak House restaurants after Darden acquired the brand in June. Same-restaurant sales, without Ruth’s Chris, were .
Darden Restaurants, Inc. (NYSE:DRI) Q4 2023 Earnings Call Transcript June 22, 2023 Darden Restaurants, Inc. beats earnings expectations. Reported EPS is $2.58, expectations were $2.54. Operator: Good morning. Welcome to the Darden Fiscal Year 2023 Fourth Quarter Earnings Call. Your lines have been placed on listen-only until the question-and-answer session. [Operator Instructions] As a reminder, […]
Even when horse racing seemed to have given up on him, trainer Percival Hussey never gave up on the sport.
Hussey, who started his professional career of conditioning horses for thoroughbred rac.