Fortune 500 Darden Company in Hospitality
HRI 138
Topic Overview
Darden
Kristin Reed
2/8/2021
A multi-restaurant brand company called Darden will be the topic discussed below. I've decided to pick this fortune 500 company not only because the Professor required us to pick a big company, but I've personally haven't looked into big corporations in my hospitality studies. All previous studies have been focused on local corporations, So it's be nice to get more insight from bigger corporations, perhaps insight on future marketing, new trends, or even join forces in the future.
Darden owns many different types of restaurants including Olive Garden. Most people know what Olive garden is but hardly anyone knows who's behind the curtain of the nationwide italian cuisine franchise. How they have managed during covid has been very interesting.
They own other establishments such as Longhorn Steakhouse, Cheddars, Eddie Vs, Yardhouse, and a few others.They hit on major american loved cuisines that i can't help but love to explore.
I've been studying stocks in my free time and I noticed in 2020 with the pandemic going on Darden has been a hot topic on how their stock had held up. I like to look further into them in that focus.
Lastly it's been a tough year or so. After this report I will not only will I learn alot about the company, I will also learn how they have evolved. Covid 19 has made all of us in the restaurant industry either revamping or reducing methods and products.