Steakhouse

Darden Beats Wall Street Estimates, Shares Rise 2% in PreMarket – What’s Next for Olive Garden and LongHorn Steakhouse?

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New York, NY – A leading restaurant chain, Darden, reported a positive quarter performance, with shares rising over 2% in premarket trading. The company’s fiscal fourth-quarter results exceeded Wall Street’s expectations, showcasing adjusted earnings per share of $2.65 compared to the $2.61 anticipated. However, revenue slightly missed projections at $2.96 billion versus the expected $2.97 billion. Despite a dip in net income from the previous year, Darden saw a significant increase in net sales, driven …

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Outback Steakhouse Shuts Down Multiple Locations Across the Nation – Find Out If Your Favorite Spot is on the List!

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Mount Prospect, Illinois – The recent closure of a nearby Outback Steakhouse in Mount Prospect has left many customers lamenting the loss of a longtime dining spot. With 41 restaurants shuttered by the parent company across various states, Outback Steakhouse enthusiasts are now redirected to the Schaumburg location for their Bloomin’ Onion fix. According to a spokesperson from Bloomin’ Brands, the decision to close these establishments was driven by factors such as sales performance and …

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**Outback Steakhouse Shock: Parent Company Shuts Down Dozens of US Locations!**

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New York – Fans of the popular chain restaurant Outback Steakhouse were taken by surprise when the parent company, Bloomin’ Brands, announced the permanent closure of dozens of its locations across the United States. In an earnings call on Friday, the company revealed that 41 “underperforming locations” were shut down, including Outback Steakhouse, Carrabba’s Italian Grill, Bonefish Grill, and Fleming’s. The closures primarily affected Outback Steakhouses, as Bloomin’ Brands cited reasons such as declining sales, …

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