Weekly Recap: Guggenheim urges Darden refocus and Olive Garden passes

Guggenheim urges Darden Restaurants (NYSE:DRI) to shift focus to smaller chains like LongHorn, Yard House and Cheddar’s as management raises outlooks for sales, margins and faster unit growth, even as Olive Garden lags—Darden will also sell 10,000 $100 Pasta Passes July 16.

Previous Week Recap

• Guggenheim Urges Prioritize Smaller Brands: Guggenheim urges Darden Restaurants (DRI) to prioritize smaller brands—LongHorn, Yard House, Cheddar’s—after management raised outlooks for sales, margins and faster store growth; Olive Garden lags.
• Darden Sells Olive Garden Pasta Passes: Darden (DRI) will sell 10,000 Olive Garden Never Ending Pasta Passes at $100 starting July 16. Passes valid 13 weeks for unlimited pasta bowls with new Spicy Alfredo and Crispy Shrimp Fritta.

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