Red Lobster CEO on December 26: Turnaround Targets Leases, Menu, Margins
The red lobster ceo, Damola Adamolekun, is pushing a fast restaurant turnaround after the Red Lobster bankruptcy. The plan targets leases, menu, service, and margins. We see three investor checks: traffic-led comps, unit-level margin, and rent coverage. Adamolekun’s leadership approach and timeline have been profiled by CNBC and Business Insider. These steps can reset costs and rebuild value, but execution speed and cash discipline will decide how durable the recovery becomes.
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