Olive Garden is bringing back its fan-favorite “Never Ending Pasta Pass,” the company announced this week.
Consumers can nab one of the 10,000 passes for $100, plus tax, on July 16 at 2 p.m. ET. Passholders are able to receive 13 weeks of unlimited pasta, sauces and protein toppings in addition to the chain’s unlimited soup or salad and breadsticks.
The product debuted in 2014 and was last offered in 2019.
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“Bringing it back felt like the right way to recognize the loyalty of so many guests who have kept it top of mind all these years,” said Jaime Bunker, Olive Garden’s senior vice president of marketing.
The promotion will only last until all 10,000 passes are claimed. The Never-Ending Pasta Pass isn’t available for redemption with to-go orders, but its in-restaurant redemptions are unlimited.
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| DRI | DARDEN RESTAURANTS INC. | 195.74 | -0.95 | -0.48% |
Olive Garden’s corporate parent, Darden Restaurants, in late June forecast full-year profit below Wall Street estimates and reported lower-than-expected fourth-quarter sales, as higher input costs and increased marketing expenses weighed on margins amid persistent inflationary pressures.
The company, which also owns restaurants Cheddar’s Scratch Kitchen and Chuy’s among others, now expects annual earnings per share from continuing operations between $11.10 and $11.35, below an expectation of $11.40 per share, according to data compiled by LSEG.
It expects annual same-restaurant sales to grow 2.5% to 3.5%, the midpoint of which is above analysts’ estimates of 2.81%.
Darden reported overall sales of $3.72 billion for the fourth quarter ended May 31, missing analysts’ estimate of $3.73 billion.
Its total operating costs and expenses rose 10.7% to $3.20 billion in the fourth quarter from the prior year.
Reuters contributed to this report.
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