CSNbbs

Well, gee. You’re a big-ass company. I’ll bet you got some lawyers on retainer. How’s about suing the city and state over this unconstitutional abuse of power?

Quote:Olive Garden is losing hundreds of thousands of dollars every week from just one location in New York City because of the coronavirus pandemic.

The Times Square Olive Garden typically brings in $15 million a year, but now it’s losing $300,000 a week. That’s because of state restrictions on indoor dining, said Gene Lee, the CEO of Olive Garden’s parent company Darden Restaurants, on a Thursday call to investors.

“We start every single week $300,000 in the hole from a comp store basis,” Lee said about the Times Square location.

In fact, he said that location alone is costing the chain “50 basis points in comps.”

“That’s our best restaurant in the Olive Garden system,” he said. “We do over $15 million there and now we’re doing, you know, $2,500 a day.”

On Thursday, Darden Restaurants reported that Olive Garden’s same-restaurant sales were down 28.2 percent.

The Olive Garden locations that performed better during the quarter were restaurants that were allowed to offer indoor dining, Lee said.

Link

Sorry.. Been to NY.. There's better Italian joints to eat than a f'n Olive Garden.

(09-25-2020 01:11 PM)gdunn Wrote: [ -> ]Sorry.. Been to NY.. There's better Italian joints to eat than a f'n Olive Garden.

You mean toy don't like cigar shaped dough rolls with garlic salt on them?

$15MM in sales for an Olive Garden is insane. I’m sure the real estate costs are also mind boggling, but 3-4 times what the locations in most of our markets do and they all are busy most of the time.

Breadsticks sound really good right now.

(09-25-2020 01:25 PM)domer1978 Wrote: [ -> ]Breadsticks sound really good right now.

their breadsticks were Epstein's sex toys...no thx...

IF you can find a good authentic place, the garlic knots is where it's at.

So, that's about 20 meals? Been there done that, once. That place is crazy expensive for what it is. Having said that, feel bad for the NYC restaurants, especially with winter approaching.