Cheddar's Scratch Kitchen

Darden Restaurants to Acquire Ruth's Hospitality Group in $715 Million Transaction

Retrieved on: 
Wednesday, May 3, 2023
Olive, LLP, Season, Cheddar's Scratch Kitchen, Kirkland & Ellis, Yard House, LongHorn Steakhouse, Ruth's Hospitality Group, The Capital Grille, Olive Garden, History, Chairperson, Eddie, Internet, Ruth's Chris Steak House, Jefferies Group, Acquisition, DRI, USDA, Restaurant, Darden Restaurants, NYSE, Total, Security (finance), Management, Fine chemical

Ruth's Chris is a great complement to our portfolio of brands, and I'm pleased to welcome their nearly 5,000 team members to Darden."

Key Points: 
  • Ruth's Chris is a great complement to our portfolio of brands, and I'm pleased to welcome their nearly 5,000 team members to Darden."
  • Cheryl Henry, President, CEO and Chairperson of Ruth's, stated, "We are excited about the opportunity to join the Darden family.
  • Darden expects pre-tax synergies of between $5 and $10 million within the first year, and between $15 and $20 million in the second year.
  • The transaction has been unanimously approved by the boards of directors of both Darden and Ruth's.

Urban Egg Receives Significant Investment from L Catterton to Accelerate Growth and Expansion

Retrieved on: 
Thursday, April 27, 2023
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COLORADO SPRINGS, Colo. and GREENWICH, Conn., April 27, 2023 /PRNewswire/ -- Urban Egg, an award-winning, Colorado-based restaurant concept, today announced that it has received a significant investment from the Growth Fund of L Catterton, a leading global consumer-focused investment firm.

Key Points: 
  • COLORADO SPRINGS, Colo. and GREENWICH, Conn., April 27, 2023 /PRNewswire/ -- Urban Egg, an award-winning, Colorado-based restaurant concept, today announced that it has received a significant investment from the Growth Fund of L Catterton, a leading global consumer-focused investment firm.
  • This investment will enable Urban Egg to continue its growth and expansion in existing and new markets.
  • Founded in 2012 by Randy and Liz Price, Urban Egg is known for its award-winning, scratch-made breakfast, brunch, and lunch.
  • We look forward to working with the entire Urban Egg team to further enhance the customer experience and accelerate growth."

NFWF Announces $1.5 Million in Grants to Improve Grasslands, Wildlife Habitat, and Grazing Management in the Intermountain West

Retrieved on: 
Tuesday, November 29, 2022
Olive, Feeding America, Environment, Cheddar's Scratch Kitchen, NRCS, Restaurant, Organization, Rocky Mountains, The Capital Grille, Climate change, Darden Restaurants, Partnership, Cargill, Grand Teton National Park, Livestock, Plant, Farmer, National Fish and Wildlife Foundation, Pheasants Forever, Season, BLM, LongHorn Steakhouse, Intermountain West, National Audubon Society, National Restaurant Association, Carbon, Methane, Eddie, American Red Cross, Olive Garden, Congress, Sustainability, New Center, Detroit, Songbird, Darden, Yard House, Biodiversity, Hunting, Agriculture, Renewable energy

The grants will generate $2.5 million in matching contributions for a total conservation impact of $4 million.

Key Points: 
  • The grants will generate $2.5 million in matching contributions for a total conservation impact of $4 million.
  • The Intermountain West is a region rich with wildlife and unique habitats, said Jeff Trandahl, executive director and CEO of NFWF.
  • We look forward to continuing these collaborations on behalf of our nations public lands and all that depend upon them.
  • The Darden Foundation works to bring to life our spirit of service through its philanthropic support of charitable organizations across the country.

DARDEN RESTAURANTS TO HOST FISCAL 2023 SECOND QUARTER CONFERENCE CALL ON DECEMBER 16

Retrieved on: 
Friday, November 18, 2022
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ORLANDO, Fla., Nov. 18, 2022 /PRNewswire/ -- Darden Restaurants, Inc., (NYSE: DRI) plans to release its fiscal 2023 second quarter financial results before the market opens on Friday, December 16, 2022, with a conference call to follow at 8:30 am ET.

Key Points: 
  • ORLANDO, Fla., Nov. 18, 2022 /PRNewswire/ -- Darden Restaurants, Inc., (NYSE: DRI) plans to release its fiscal 2023 second quarter financial results before the market opens on Friday, December 16, 2022, with a conference call to follow at 8:30 am ET.
  • Rick Cardenas, CEO, and other senior management will discuss second quarter results, and conduct a question and answer session.
  • For those who cannot listen to the live broadcast, a replay will be available shortly after the call.
  • Live over the Internet Simply log on to the web at the address above or, to access via the telephone, please dial 1-800-225-9448 and provide the conference passcode DARDEN.

Lever Foundation Praises Darden Restaurants for New Global Cage-Free Egg Commitment

Retrieved on: 
Monday, September 19, 2022
Olive, Sonic Drive-In, Buffalo Wild Wings, The Capital Grille, Yard House, Policy, Olive Garden, LongHorn Steakhouse, KFC, Taco Bell, Restaurant Brands International, Pizza Hut, Cheddar's Scratch Kitchen, Burger King, JAB Holding Company, Panera Bread, Caribou Coffee, Outback Steakhouse, Season, Espresso House, Egg, Yum! Brands, Inspire Brands, Food safety, Dunkin' Donuts, Krispy Kreme, Darden, Arby's, Darden Restaurants, Peet's Coffee, Focus Brands, Bloomin' Brands, Eddie V's Prime Seafood, Poultry, Carvel

ORLANDO, Fla., Sept. 19, 2022 /PRNewswire/ -- Darden Restaurants, the world's largest full-service restaurant group, earned praise today from the non-profit Lever Foundation for its new global cage-free egg sourcing policy.

Key Points: 
  • ORLANDO, Fla., Sept. 19, 2022 /PRNewswire/ -- Darden Restaurants, the world's largest full-service restaurant group, earned praise today from the non-profit Lever Foundation for its new global cage-free egg sourcing policy.
  • Darden Restaurants has already shifted to purchasing only cage-free eggs in the United States, and its new policy will see all of the company's international locations shift to sourcing only cage-free eggs by 2027.
  • "100% of all egg products purchased by Darden for use in our U.S. owned and operated restaurants are sourced from cage-free housing systems.
  • "We applaud Darden's decision to stop serving eggs from caged hens to its international guests," said Kirsty Tuxford of Lever Foundation, a U.S.-based non-profit which works with companies including Darden Restaurants on shifting toward cage-free egg sourcing in global markets.

DARDEN RESTAURANTS HELPS FEEDING AMERICA® MEMBER FOOD BANKS IN 10 STATES ADD MOBILE FOOD PANTRIES TO SERVE COMMUNITIES FACING HUNGER

Retrieved on: 
Thursday, September 15, 2022
Olive, The Capital Grille, Time, Yard House, Rio Grande Valley, Twitter, Olive Garden, LongHorn Steakhouse, Legislation, American Red Cross, Organization, Houston Food Bank, Cheddar's Scratch Kitchen, Feeding America, Lineage, USDA, National Restaurant Association, Meal, Season, Hunger, Facebook, Eddie, Electricity, CEO, Penske Corporation, Harvest, Transport, Rio, Food, Restaurant, Food security, Alameda County Community Food Bank, Darden Restaurants, Medicine, Multimedia, Color, View, Online shopping, Fishing, Fungiculture, Grocery store

ORLANDO, Fla., Sept. 15, 2022 /PRNewswire/ -- Darden Restaurants is helping Feeding America® add refrigerated trucks for 10 member food banks to support mobile pantry programs and food distribution in communities with the highest need. Through a $2 million grant from the Darden Restaurants, Inc. Foundation, and support from partners Penske Truck Leasing and Lineage Logistics, each food bank will receive a 26-foot vehicle that can transport 12,000 pounds of food at a time, and will also receive $52,000 to use for food and other needs.

Key Points: 
  • ORLANDO, Fla., Sept. 15, 2022 /PRNewswire/ -- Darden Restaurants is helping Feeding America add refrigerated trucks for 10 member food banks to support mobile pantry programs and food distribution in communities with the highest need.
  • "We're uniquely positioned to help in the fight against hunger, and we're proud to continue helping more Feeding America member food banks increase access to nutritious food for people who need it most."
  • In addition, local food banks are also dealing with the impacts of inflation, resulting in higher costs for food and the transportation needed to acquire and deliver food to their communities.
  • Feeding America helped identify food banks serving communities of color with disproportionately high levels of food insecurity to receive a truck to help increase their mobile food pantry capacity.

DARDEN RESTAURANTS TO HOST FISCAL 2023 FIRST QUARTER CONFERENCE CALL ON SEPTEMBER 22

Retrieved on: 
Tuesday, August 23, 2022
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ORLANDO, Fla., Aug. 23, 2022 /PRNewswire/ -- Darden Restaurants, Inc., (NYSE:DRI) plans to release its fiscal 2023 first quarter financial results before the market opens on Thursday, September 22, 2022, with a conference call to follow at 8:30 am ET.

Key Points: 
  • ORLANDO, Fla., Aug. 23, 2022 /PRNewswire/ -- Darden Restaurants, Inc., (NYSE:DRI) plans to release its fiscal 2023 first quarter financial results before the market opens on Thursday, September 22, 2022, with a conference call to follow at 8:30 am ET.
  • Rick Cardenas, CEO, and other senior management will discuss first quarter results, and conduct a question and answer session.
  • For those who cannot listen to the live broadcast, a replay will be available shortly after the call.
  • Live over the Internet Simply log on to the web at the address above or, to access via the telephone, please dial 1-800-458-4121 and provide the conference passcode 9557965.

The Greatest Summer Vacation Still Awaits in Coastal Mississippi

Retrieved on: 
Tuesday, July 26, 2022
Recreational therapy, Health and Safety Executive, Food, Mississippi Aquarium, Coffeehouse, De Soto National Forest, Industry, Pass Christian, Mississippi, Coffee, History, Culture, Friends, Round Island Light, Tourism, Travel, Multimedia, GOAT, The Sundays, Cheddar's Scratch Kitchen, Gulf of Mexico, Taste, Branches of botany, Cheese, World War II, Sport, Mac, Traveler, Coast, Longfellow House–Washington's Headquarters National Historic Site, Gulf Coast of the United States, Longfellow House, Tuxachanie Creek, City, Restaurant, Road, Amusement park, Safety, Mississippi Gulf Coast, Health

Coastal Mississippi has identified more than 20 points of interest, including 14 new offerings, for travelers to add to their summer 2022 bucket list.

Key Points: 
  • Coastal Mississippi has identified more than 20 points of interest, including 14 new offerings, for travelers to add to their summer 2022 bucket list.
  • Guests are bound to be blown away by crawfish tacos, shrimp quesadillas and specialty margaritas in the summer sun.
  • To learn more about Coastal Mississippi or start planning a Secret Coast Summer getaway, visit CoastalMississippi.com .
  • About Coastal Mississippi:Coastal Mississippi is an organization charged with promoting South Mississippi as a tourism and convention destination worldwide.

DARDEN RESTAURANTS TO HOST FISCAL 2022 FOURTH QUARTER CONFERENCE CALL ON JUNE 23

Retrieved on: 
Thursday, June 2, 2022
Olive, The Capital Grille, Darden Restaurants, Olive Garden, CEO, Season, Yard House, Telephone, NYSE, Cheddar's Scratch Kitchen, LongHorn Steakhouse, Darden, Eddie, DRI

ORLANDO, Fla., June 2, 2022 /PRNewswire/ -- Darden Restaurants, Inc., (NYSE: DRI) plans to release its fiscal 2022 fourth quarter financial results before the market opens on Thursday, June 23, 2022, with a conference call to follow at 8:30 am ET.

Key Points: 
  • ORLANDO, Fla., June 2, 2022 /PRNewswire/ -- Darden Restaurants, Inc., (NYSE: DRI) plans to release its fiscal 2022 fourth quarter financial results before the market opens on Thursday, June 23, 2022, with a conference call to follow at 8:30 am ET.
  • Rick Cardenas, CEO, and other senior management will discuss fourth quarter results, and conduct a question and answer session.
  • For those who cannot listen to the live broadcast, a replay will be available shortly after the call.
  • Live over the Internet Simply log on to the web at the address above or, to access via the telephone, please dial 1-800-263-0877 and provide the conference passcode 3401699.

Darden Restaurants, Inc. Welcomes Juliana Chugg to Its Board of Directors

Retrieved on: 
Tuesday, March 22, 2022
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ORLANDO, Fla., March 22, 2022 /PRNewswire/ -- Today, Darden Restaurants, Inc. (NYSE: DRI) announces that the Board of Directors has appointed Juliana Chugg as its newest member, effective immediately.

Key Points: 
  • ORLANDO, Fla., March 22, 2022 /PRNewswire/ -- Today, Darden Restaurants, Inc. (NYSE: DRI) announces that the Board of Directors has appointed Juliana Chugg as its newest member, effective immediately.
  • With her appointment, the Company increased the size of the Board from eight to nine members.
  • "Juliana's vast expertise in brand-building, coupled with her extensive leadership experience at large organizations, make her a strong addition for our Board," said Gene Lee, Chairman and CEO of Darden Restaurants.
  • "Darden includes some of the most renowned brands in full-service dining," said Chugg, following her election to the Board.