50% of Adults Say it is an Essential Part of their Lifestyle
Total revenue increased 30.3% to $401.1 million (including $73.6 million in restaurant sales and $3.4 million in other revenue from the Cambridge acquisition completed in the second quarter of 2019) from $307.8 million in the prior year quarter
Fourth Quarter Total Revenue Grew 21.9% – Fiscal 2019 Total Revenue Grew 29.4%
Members who enroll in the My Red Lobster Rewards?program can earn and redeem valuable points towards rewards throughout the year, whether they choose to dine in-restaurant, order To Go or delivery directly on RedLobster.com.
Fourth Quarter Earnings Per Diluted Share (GAAP) Increased 8.2% + Fourth Quarter Adjusted Earnings Per Diluted Share (Non-GAAP) Increased 4.7%
The tranche includes five restaurant properties (BJs Restaurant, Black Angus Steakhouse, Bonefish Grill, Olive Garden, IHOP and Wendys) and three non-restaurant properties (Huntington Bank, FedEx Kinkos, and a local car wash).
Total revenues in the fourth quarter of 2019 increased 6.2% to $135.0 million, compared to $127.2 million in the fourth quarter of 2018.
Study takes an inside look at the world of restaurant management, comparing trends of 2019 to expected challenges of 2020
Around the world, foodservice brands are eyeing new overseas markets to drive growth.
Reaffirms Fiscal 2020 Guidance; Declares Quarterly Cash Dividend