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February 09, 2016 1:43 AM ET

Hotels, Restaurants and Leisure

Company Overview of GMRI, Inc.

Company Overview

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

United States

Founded in 1968

Phone:

407-245-4000

Fax:

407-245-6807

Key Executives for GMRI, Inc.

Managing Partner
Executive Chef Partner
Managing Partner
General Manager
General Manager
Compensation as of Fiscal Year 2015.

GMRI, Inc. Key Developments

Olive Garden Reports Earnings Results for the Second Quarter and Six Months Ended November 29, 2015

Olive Garden reported earnings results for the second quarter and six months ended November 29, 2015. For the quarter, the company reported sales of $892.3 million compared to $881.7 million a year ago. Profit was $157.1 million compared to $140.5 million a year ago. For the six months, the company reported sales of $1,836.9 million compared to $1,795.2 million a year ago. Profit was $349.1 million compared to $288.9 million a year ago.

Olive Garden Reports Unaudited Earnings Results for the Fourth Quarter and Full Year Ended May 25, 2014

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%.

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