What's In The Sauce? - my dish olive garden darden restaurants

If this recession proves one thing, it is that people can live without fiber --
Optical cable and high-
Internet access speed.
This is a different story. While high-
The new economic order pleased Joe Lee, the chief executive of the Darton restaurant.
One of Darton's flagship chains, the Olive Garden, which specializes in Italian poultry dishes, has remained unchanged for 29 consecutive quarters.
Sales growth in restaurants.
Joe Lee Darden Restaurant Lee, 61, is the king of 218213 suburban dining.
Red Lobster, another giant beast in the Olive Garden and Darton (
Same for 16 consecutive quarters
Increase in restaurant sales)
Through the growth of earnings per share, Darton was helped to ignore expectations.
7% in the past year.
Sales increased by 8.
6% to $4 billion.
Over the past two years, these restaurants have been competitive and casual --dining arena.
Just two years ago, many analysts warned that trouble is coming in Darton and other industries due to rising interest rates, weak economies and rising commodity prices.
Damon Brundage, analyst at Raymond James, told the Wall Street Journal in August 2000: "If you add all this up, it's classic.
"From then on, Darton stock has gone all the way to it --
Restaurant valuations have soared, boosting time highs.
Executives at Darton say what experts don't expect is a change in lifestyle ---
That is to say, families prefer to cook affordable meals for them.
Every dollar spent on food in the United States is about 46 cents. S.
According to the National Restaurant Association, the meals cooked outside were shelled.
The figure is expected to rise to 53 cents by 2010.
This figure is driven by the ever-decreasing cost advantage of dining. (
The main course for Red Lobster and Olive Garden dinner starts at $7. 95. )
Another macroeconomic advantage of the industry is the aging of the United States (
Reading: Baby Boomers)--
Mature consumers with disposable income are one of the best customers in the industry.
With Red Lobster occupying 50% of the market share in the leisure seafood catering sector, Olive Garden occupies 35% of the market share in the Italian market, and Denton performed well --
In a position to take advantage of the shift.
But it's not easy.
Less than six years ago, Darton felt unwell when he was separated from General Mills, Red Lobster and Olive Groves ---
Outdated menu, aging facilities, outdated advertising-
Unique to the restaurant empire.
The company bottomed out in 1997, losing $91 million and returning to the black market a year later.
In response to the further erosion of the brand, Lee contracted the business (
He closed 48 dim Red Lobster and Olive Garden shops)
And suspended expansion after the split.
Between 1998 and 2001, the company invested about $0. 117 billion to transform the Olive Garden and about $0. 175 billion to transform the Red Lobster.
Improvements include the removal of walls on two chains to allow for a more spacious environment.
The transformation of the Olive Garden includes adding more Italian flavor with new iron and Highland products, while the Red Lobster aims to create a warm coastal environment.
Li's explanation of Darton's transformation is as mundane as the suburban shopping street: "There is no magic bullet ---
You have to make the old one.
He said at Waycross in Ga. , twang.
"Excellent in basic knowledge.
Li refers to micro-words]factors--
Singles instead of home runs-
Recent victory
He mentioned adding the portion and seasoning of vegetables to the Red Lobster main course.
He talked about the cooking academy he set up in Tuscany to improve dishes like popular chicken masala.
He mentioned that placing bars in places where restaurants are more concentrated creates a more popular atmosphere and promotes traditional low-alcohol sales. (
Analysts expressed appreciation for the move, saying that the Darton restaurant bar was valued as much as the broom room in the past. )
The outer chain is again in the expansion mode, and in addition to the current 661 locations, it is planned to add 8 red lobsters per year to stabilize 484 restaurants and up to 20 olive gardens.
In the next decade, annual sales in Darton grew by 7% to 10%, surpassing the industry average. -
Half of the expansion comes from new units and the other half from sales growth in existing stores.
Denton expects EPS to grow 15%20% per year.
Still, analysts advise investors to avoid buying the stock, which has recently risen. (
In the first 30 days of December, only two other restaurant stocks rose to the level of Darton.
According to J. P. Morgan. )
Traditionally seen as an industry that expects the market to improve, the restaurant industry is expected to cool down
Growth stocks have become more attractive. In the long-
Nevertheless, most experts now believe the chain continues to seize its growth opportunities.
Singles and bungee jumping can always win more than a rare grand slam.