Restaurants have a new challenge: Finding workers [CNN]
Darden Restaurants, Inc. (DRI)
Last darden restaurants, inc. earnings: 3/19 07:00 am
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investor.darden.com/investors/investor-relations/default.aspx
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Source: CNN
New York (CNN Business) Typically, he said, 60 or 80 people might show up to interview for a position like that one. This time? Nobody. "That has not happened, ever, in the 14-year history of the business," Massoud said. Ilili, an upscale Lebanese spot, currently has about 78 employees, a little less than half of its pre-pandemic workforce, Massoud said. The way business is going now, he could use another 12 people. The staffing shortage means the restaurant is not open for business during lunch or on Monday nights, even as it struggles. "We just don't have the bodies," he said. Dining restrictions are lifting across the country, and people are getting vaccinated each day. That's good news for restaurants desperate for more business after getting hit hard last year. But some restaurant operators say they are facing a problem that could impair their road to normalcy: They can't find enough people to work for them. When states went into lockdown and US restaurants were or
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DRI
News
- Red Lobster seeks a buyer as it looks to avoid bankruptcy filing [Yahoo! Finance]Yahoo! Finance
- Red Lobster seeks a buyer as it looks to avoid bankruptcy filing [CNBC]CNBC
- Darden Restaurants: An Appetizing Dividend Growth Stock [Seeking Alpha]Seeking Alpha
- Darden Restaurants, Inc. (NYSE: DRI) had its "buy" rating re-affirmed by analysts at TD Cowen. They now have a $190.00 price target on the stock.MarketBeat
- Red Lobster May Soon File for Chapter 11 Bankruptcy, Here's Why [Yahoo! Finance]Yahoo! Finance
DRI
Earnings
- 3/21/24 - Miss
DRI
Sec Filings
- 4/25/24 - Form 144
- 4/9/24 - Form 4
- 4/8/24 - Form 144
- DRI's page on the SEC website