Olive Garden
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It’s New Year’s Day 2026. What’s open and closed?
Fortune· 2026-01-01 11:00
Federal Services - Non-essential federal offices, including Social Security Administration field offices and passport agencies, will be closed on New Year's Day [2] - IRS services will also be unavailable, requiring individuals to wait until the following day for assistance [2] Financial Markets - Major U.S. exchanges, including the New York Stock Exchange and Nasdaq, will be closed for trading on New Year's Day, with operations resuming on January 2 [3][6] Mail and Delivery Services - The U.S. Postal Service will not operate on New Year's Day, with only Priority Mail Express deliveries being made [4] - FedEx and UPS will also pause operations, with limited services available for urgent shipments [5] Banking Sector - Most major banks, including Bank of America and Wells Fargo, will be closed for the holiday, although mobile banking and ATMs will remain accessible [7] Retail and Grocery - Major retailers like Walmart and Target will operate on New Year's Day, while grocery stores show a mixed picture with some chains open and others closed [8][9] - Discount grocers such as Aldi and Trader Joe's will remain closed, while convenience stores and pharmacies like CVS and Walgreens will generally stay open [10] Restaurants - Fast-food chains, including McDonald's and Starbucks, will have many locations open, although hours may vary by franchisee [12]
FCPT Announces Acquisition of an Olive Garden Property for $2.2 Million
Businesswire· 2025-12-23 22:52
Core Viewpoint - Four Corners Property Trust (FCPT) has announced the acquisition of an Olive Garden property for $2.2 million, indicating a strategic move to expand its portfolio of high-quality, net-leased restaurant and retail properties [1] Group 1: Acquisition Details - The Olive Garden property is located in a highly trafficked corridor in Illinois, suggesting a favorable location for retail operations [1] - The property is corporate-operated under a long-term, triple net lease with approximately eight years remaining, which provides stability and predictability in rental income [1]
Americans Are Hungry for Deals. Olive Garden's 'Never Ending Pasta Bowl' Is Winning Them Over
Investopedia· 2025-12-19 01:00
Core Insights - Olive Garden's sales indicate a growing consumer demand for value and pasta offerings [1][6] - Darden Restaurants reported a significant increase in quarterly sales, driven by the popularity of its $13.99 "never ending pasta bowl" special [1][6] Sales Performance - Darden posted $3.1 billion in sales for its fiscal second quarter, slightly exceeding analyst expectations [4] - Adjusted earnings per share were $2.08, just 1 cent below estimates, with same restaurant sales increasing by 4.3% across Darden's portfolio [4] - Olive Garden and LongHorn Steakhouse reported same restaurant sales gains of 4.7% and 5.9%, respectively, both surpassing forecasts [4] Consumer Trends - There is a notable trend of middle to higher-income customers seeking better deals at restaurants, as indicated by Olive Garden's increasing customer base [2][3] - The restaurant industry is witnessing signs of consumer strain, with a focus on value offerings becoming more prominent [3] Future Outlook - Darden plans to continue emphasizing value, including the introduction of lower-priced, smaller portion options at Olive Garden [5] - The company raised its full-year revenue outlook for the third consecutive quarter, now expecting sales growth of 8.5% to 9.3% [5] - Darden maintained its adjusted EPS forecast at $10.50 to $10.70 despite warnings that higher prices could impact profits [5]
Texas Roadhouse rival shuts down several restaurant locations
Yahoo Finance· 2025-10-30 17:33
Core Insights - The casual restaurant sector is experiencing significant challenges, leading to an increase in abrupt closures of popular chains [1][2] - Texas Roadhouse has emerged as the leading casual dining chain in 2024, surpassing Olive Garden in sales [2][3] Industry Challenges - Key reasons for restaurant closures include intense competition, rising labor and food costs, and high lease rates [2] - Many chains are resorting to out-of-court restructurings, location closures, and bankruptcy filings due to financial distress [2][5] Company Performance - Texas Roadhouse reported a sales increase of 14.7% in 2024, reaching $5.5 billion, while Olive Garden's sales rose by only 0.8% to $5.2 billion [3][9] - Joe's Crab Shack has seen a drastic reduction in locations, from about 150 to only 15, following recent closures [4] - On The Border Mexican Grill & Cantina closed approximately one-third of its locations and filed for Chapter 11 bankruptcy in early 2025 [5][6] - Bravo Brio Restaurants LLC filed for Chapter 11 protection for the second time in August 2025 after closing seven locations earlier that year [7]
X @Xeer
Xeer· 2025-10-24 15:20
Social Media Sentiment - The tweet references Olive Garden's slogan "When you're here, you're family" [1] - The tweet mentions several Twitter usernames: @beijingdou, @tigerisfine, @Xeer, @jbondwagon, @BoredApeYC [1] - The tweet includes a link to an external resource (https://t.co/Zb0M6W77UZ) [1]
X @The Wall Street Journal
The Wall Street Journal· 2025-09-19 14:31
Social Media & Virality - The article discusses the concept of "going viral" [1] - It references an article by James R Hagerty from 2012 about his mother becoming famous after an Olive Garden review [1] Content Focus - The content centers on a personal anecdote related to an Olive Garden review [1]
X @The Wall Street Journal
The Wall Street Journal· 2025-09-19 14:30
Industry Impact - The article discusses Marilyn Hagerty's unexpected viral fame after reviewing a new Olive Garden restaurant in Grand Forks, N.D[1] Social Media - Hagerty was unaware of the meaning of "viral" at the time of her review's popularity [1]
Olive Garden sees success with smaller, cheaper portions as diners try to save money
MarketWatch· 2025-09-18 17:00
Core Viewpoint - The restaurant is introducing a "lighter portion" section of its menu to attract more customer traffic [1] Group 1 - The initiative aims to drive increased customer engagement and potentially boost sales [1]
X @Raoul Pal
Raoul Pal· 2025-08-18 02:21
This document appears to be a humorous, fictional tweet and lacks the characteristics of a financial report, industry analysis, or company statement, therefore, it's not possible to extract relevant information for financial or business analysis Instead, I can provide a humorous interpretation: Fictional Operation - A team of 13 is planning a raid on Olive Garden [1] - The team's demands include the breadstick recipe and the serving of olives and toasted almonds [1] Resources - The team is fueled by meat, zantac, and blue Buzz Balls [1]
The consumer is under more pressure now, says Bernstein's Danilo Gargiulo
CNBC Television· 2025-08-13 21:01
Market Trends & Consumer Behavior - A divergence exists between fast casual and full-service restaurants, potentially influenced by pricing [2][3] - Fast casual restaurants have historically taken less price increases compared to quick service restaurants, attracting incremental consumer spending and traffic [6] - A normalization of trends is occurring, with consumers recognizing that full dining settings may offer better value [6][7] - The consumer is leaning into value, but the perception of value has shifted as fast casual prices compete with dining-in options [7] - Higher-income consumers of quick service restaurants are trading up to fast casual for perceived better value for money [8] - Lower-income consumers are facing pressure, leading to some fading away from the entire restaurant sector [8][9] Pricing Strategies - For approximately $20, consumers can dine in a full-service restaurant, whereas the same amount might only buy a bowl in central Manhattan [3] - Quick service restaurants have taken even more price increases than fast casual restaurants [7] Impact on Restaurant Categories - Casual dining restaurants like Chili's and Olive Garden are bringing back value offerings [7] - The pressure on lower-income consumers is not being offset by the up-trading of higher-income consumers, resulting in a net negative impact on overall restaurant demand [8][9]