The food is on par with the ambiance, thanks to the USDA prime steaks and the seafood flown in daily. Related: 25 Best New Restaurants in Philadelphia’s Western Suburbs A waterfall welcomes diners, and travertine-lined walls, a nautically hued patina and crystal chandeliers exude the sort of gentle opulence that’s the opposite of the masculinity found at most steakhouses.Įddie V’s dining room, which has crystal chandeliers and white-tablecloth service.ĭarden Restaurants’ KOP outpost is managed by two of the industry’s best: GM Steve Olson, who has over two decades of experience with Maggiano’s Little Italy and chef Greg Vassos, who ran New York’s Le Bernadin and other kitchens for Eric Ripert.
And while KOP may already have a multitude of first-rate restaurants, you won’t find one quite as luxurious as Eddie V’s. Its high-end concept was co-founded by Larry Foles, dad of Super Bowl-winning Eagles QB Nick Foles.
Like it or not, Eddie V’s embodies the direction King of Prussia is headed in. Elsewhere, couples indulge in succulent lobster tails, and others celebrate in the V Lounge as the pleasing rattle of cocktail shakers intermingles with live jazz. on just about any night of the week, Eddie V’s Prime Seafood bustles with white-jacketed servers placing colossal multi-tiered shellfish towers at the tables of martini-sipping corporate executives. Olive Garden server builds loyalty: ‘If Chris is not here, I don’t come in’ĭarden’s stock price was down about 2.4% Thursday morning to $162.41.ĭarden has 1,914 restaurants, not including the newly acquired Ruth’s, with Olive Garden, LongHorn Steakhouse, Cheddar’s Scratch Kitchen, Yard House, The Capital Grille, Seasons 52, Bahama Breeze, Eddie V’s and The Capital Burger.At 7:30 p.m. It was also revealed Thursday that former CEO Gene Lee, who retired from that post last year, also now plans to retire as chairman of Darden’s board. Darden also expects to open about 50 new restaurants in this new fiscal year. The company forecasts total sales in its new fiscal year will improve to $11.5 to $11.6 billion, thanks to adding Ruth’s as well as projected same-restaurant sales growth of 2.5% to 3.5%. Ruth’s has 81 company-owned or operated Ruth’s Chris Steak House restaurants and 74 franchised locations worldwide.ĭarden also concluded its fiscal year on May 28, with total sales for the year up 8.9% to $10.5 billion. There was probably a little bit of euphoria in check last year.”ĭarden has just bought another fine-dining brand, finishing its $715 million deal for Winter Park-based Ruth’s Hospitality Group last week. “We think part of this is … a function of last year, similar to the guest count trends we saw last year. “One area we’re seeing a little bit of check management is with alcohol sales, primarily at our higher-end brands,” Cardenas said.
… They’re making spending tradeoffs and, as I said before, food away from home is really difficult to give up, if you’re executing.”Ĭardenas and CFO Raj Vennam expected the softness in fine dining to continue in the next quarter and attributed the drop to having to compare it to last year, when business was strong. “Even in a slowing economy, consumers really continue to seek value, and it’s not always about low prices. “There is a tension between what people want and what they can afford,” Cardenas said.
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