Watch FOX 35 News for the latest Central Florida stories. This is an increase and a guarantee to our workforce that will probably have more impact on Cheddar’s than any of our other brands." "In the major cities, you’re not hiring anybody for $12 an hour today. The $12-figure "is what I would call entry-level wage and more in rural America," Lee said. He said the average restaurant worker will make $20 an hour. Darden's Board of Directors declared a quarterly cash dividend of 1.21 per share on the Company's outstanding common stock. Lee did say the company will increase its minimum hourly wage from $10 to $12, including tips, starting next month and that most employees will make more. Infosys helped Darden Restaurants enhance customer digital interaction and provided Oracle expertise & customized user experience across various brands. "I don’t see a big change in our strategic priorities, partly because I was a big part of writing them." The Olive Garden parent fell short of Wall Street's expectations for quarterly revenue but topped earnings estimates. The Darden family of restaurants features some of the most recognizable and successful brands in full-service dining: Olive Garden, LongHorn Steakhouse. "I really think the strategy that we have is the right strategy," Cardenas told analysts and shareholders in a conference call Friday. Darden Restaurants' same-store sales fell 20.6 during its fiscal second quarter. Lee, Jr., Chairman and Chief Executive Officer, will retire as CEO effective. (NYSE: DRI) announced today that Eugene (Gene) I. He said he does not expect to make any major changes in how the company operates. 17, 2021 /PRNewswire/ - Darden Restaurants, Inc. He became the chief financial officer in 2016 and became president and chief operating officer 11 months ago. It manages its restaurant brands as operating segments, such as Olive Garden LongHorn Steakhouse Fine Dining, which includes The Capital Grille and Eddie Vs. "There was never any doubt about the survival of Darden," Gordon said.Ĭardenas, 53, started with the company as an hourly employee in 1984 and worked his way through the ranks. Darden Restaurants is helping Feeding America add refrigerated trucks for 10 member food banks to support mobile pantry programs and food distribution in.
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