Hotels, Restaurants and Leisure
Company Overview of GMRI, Inc.
GMRI, Inc. operates a network of fresh grill and wine bars in the United States. Its wine bars offer custom flatbreads, mini indulgences, lunch and dinner menus, bar menus, private dining services, chef's table menus, and alternative menus; and various organic and biodynamic wines. GMRI, Inc. was formerly known as General Mills Restaurants Inc. The company was incorporated in 1968 and is based in Orlando, Florida with locations in Florida, Georgia, Illinois, New Jersey, and Pennsylvania. GMRI, Inc. operates as a subsidiary of Darden Restaurants, Inc.
1000 Darden Center Drive
Orlando, FL 32837
Founded in 1968
Key Executives for GMRI, Inc.
Compensation as of Fiscal Year 2014.
GMRI, Inc. Key Developments
Olive Garden Reports Unaudited Earnings Results for the Fourth Quarter and Full Year Ended May 25, 2014
Jun 20 14
Olive Garden reported unaudited earnings results for the fourth quarter ended May 25, 2014. For the quarter, the company reported sales of $926 million were 2.7% lower than the prior year due to its U.S. same-restaurant sales decline of 3.5% partially offset by revenue from nine net new restaurants.
For the full fiscal year, total sales were $3.64 billion, a 1.1% decline from last year, average annual sales per restaurant were $4.4 million and U.S. same-restaurant sales declined 3.4%.
Olive Garden Gives Busy Couples A Special 'Parents' Night Out' through National Partnership with My Gym
Jan 28 14
Olive Garden partnering with the My Gym and picking up the tab for kids to enjoy a night of fun at My Gym, so parents can make time for a special date night over Olive Garden's 2 for $25 Italian Dinner.
Olive Garden Announces Sales Results for the Second Quarter Ended November 24, 2013
Dec 19 13
Olive Garden announced sales results for the second quarter ended November 24, 2013. For the quarter, sales were $869 million, 2.4% higher than the prior year due to revenue from 25 net new restaurants, offset partially by its U.S. same-restaurant sales decline of 0.6%. On a percentage of sales basis, lower restaurant expenses and selling, general and administrative expenses offset an increase in food and beverage expenses, labor expenses and depreciation expense. This resulted in an increase for the quarter in both operating profit and operating profit as a percentage of sales. For the month of September and October, same-restaurant sales were down by 2.6% and 0.1% and for November 2014, same-restaurant sales were up by 1.5%.
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