Olive Garden, Red Lobster See Sharp Drop In Profits After Anti-Obamacare Campaign Backfires

Olive Garden, Red Lobster See Sharp Drop In Profits After Anti-Obamacare Campaign Backfires: Ever since Darden Restaurants — the owner of the Olive Garden and Red Lobster chains — first announced its anti-Obamacare campaign, the company has had a tough couple of months. Darden admitted as much when it revised its predictions for latest quarterly earnings down in December, attributing the drop to “recent negative media coverage on [...]/p

Olive Garden Suffering From Bad PR After Anti-Obamacare Comments

Olive Garden Suffering From Bad PR After Anti-Obamacare Comments: Darden Restaurants, Inc. — owner of Red Lobster and Olive Garden — is battling back negative press attention in light of its October announcement that the company will use Obamacare as a reason to shift to part-time employees. Darden yesterday released a statement revising down its prediction of profits, which led to a huge drop [...]/p