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Red Lobster is bringing back its famous “Endless Shrimp” promotion starting Monday, marking a surprising revival of one of its most recognizable all-you-can-eat offerings.

The deal will return for a limited time at select locations, the company said. One Red Lobster location told FOX Business that the new offering will be priced at $24.99 per person, up from $20 in 2024, when it most recently appeared on menus. Other locations have reportedly priced the promotion at $29.99, according to USA Today.

Five different shrimp varieties – including a new flavor, “Marry Me Shrimp,” inspired by internet culture – will be offered with a choice of side: 

• Marry Me Shrimp: Shrimp in tomato cream sauce with a garlic and herb crumble topping
• Shrimp Linguini Alfredo: Shrimp in Alfredo sauce over linguini
• Walt’s Favorite Shrimp: Hand-breaded and lightly fried butterflied shrimp served with cocktail sauce
• Garlic Shrimp Scampi: Shrimp sautéed in a garlic lemon butter sauce
• Parrot Isle Coconut Shrimp: Hand-breaded jumbo coconut shrimp served with piña colada sauce

RED LOBSTER CONSIDERING MORE RESTAURANT CLOSURES, CEO SAYS

The deal was discontinued in 2024 after it was widely cited as a factor in the company’s disastrous financial loss ahead of its bankruptcy filing, which led to the closure of 130 restaurants.

While the company previously signaled it would not bring the promotion back, strong customer demand and a recent surge in engagement have led Red Lobster to reconsider its long-running, two-decade “legacy,” the Orlando-based chain announced Monday.

RED LOBSTER LOOKS TO REVIVE ‘ENDLESS SHRIMP’ AFTER PROMOTION HELPED SINK FINANCES: REPORT

“After thousands of social media mentions since it last appeared on menus, Red Lobster, the iconic seafood restaurant brand, is announcing the return of one of its most popular experiences, for a limited time: Endless Shrimp,” it said.

The previous Endless Shrimp offering – a $20 menu item that became a permanent fixture in 2023 after being intermittently offered over 20 years – was widely seen as a marketing success that ultimately turned into a financial strain when demand overwhelmed supply costs.

It accounted for $11 million of the company’s $76 million net loss in 2023, Reuters reported.

RED LOBSTER CLEARED TO EXIT CHAPTER 11 BANKRUPTCY PROTECTION

When Red Lobster CEO Damola Adamolekun took over in late 2024 to guide the chain out of bankruptcy, he initially ruled out bringing the promotion back, “because I know how to do math,” according to Today.

However, the company now appears to be revisiting that stance, with Adamolekun signaling a renewed focus on the in-demand offering in a statement Monday.

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“This is about putting our guests first and bringing back something they truly love,” he said. “Endless Shrimp has been a part of Red Lobster’s legacy for 20 years and our guests have never stopped asking for it. We’re excited to bring it back, for a limited time, in a way that works for our business today and honors what made it special from the beginning. Because when our fans talk, we listen.”

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Zai Lab Limited (ZLAB) Discusses Intracranial Activity of a New Therapy in Small Cell Lung Cancer With Brain Metastases April 20, 2026 8:30 AM EDT

Company Participants

Rafael Amado – President and Head of Global Research & Development

Conference Call Participants

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Luis Paz-Ares
Rohit Thummalapalli
Jonathan Chang – Leerink Partners LLC, Research Division
Michael Yee – UBS Investment Bank, Research Division
Anupam Rama – JPMorgan Chase & Co, Research Division
Yigal Nochomovitz – Citigroup Inc., Research Division
Linhai Zhao – Goldman Sachs Group, Inc., Research Division

Presentation

Operator

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Hello, ladies and gentlemen. Thank you for standing by, and welcome to Zai Lab’s 2026 AACR Investor Call. [Operator Instructions] As a reminder, today’s call is being recorded.

It is now my pleasure to turn the floor over to Dr. Rafael Amado, Zai Lab’s President and Head of Global Research and Development. Please go ahead, sir.

Rafael Amado
President and Head of Global Research & Development

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Hi, everyone. Thank you so much for joining us today. I am Rafael Amado, Zai Lab’s President and Head of Global R&D. Before we begin, we will be making forward-looking statements today, and I ask you to review Slide 2 for further details.

Moving to Slide 3. I’m joined today by 2 outstanding clinical investigators. Dr. Luis Paz-Ares is a leader in lung cancer. He’s Chair of the Medical Oncology Department at the Hospital Universitario 12 de Octubre and Head of the Lung Cancer Unit at National Oncology Research Center in Madrid. Dr. Rohit Thummalapalli is an Assistant Attending Physician and Gastrointestinal Medical Oncologist at Memorial Sloan Kettering Cancer Center. He specializes in GI and neuroendocrine cancers. And on the next slide, the disclosure information for both doctors.

Moving to Slide 5. Here’s our agenda. Dr. Paz-Ares will present first-time intracranial data with zoci in small cell lung cancer, followed by Dr. Thummalapalli in neuroendocrine

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Bitcoin rose to the highest level since early February after a flurry of comments from the US and Iran sparked optimism that the conflict in the Middle East may be heading toward a resolution.

The original cryptocurrency broke through the higher bound of the narrow range its been trading in since the war broke out in late February, topping $78,000 for the first time since February 3. Bitcoin rose as much as 4.1% to $78,343, before paring the increase.

Other digital assets also pushed higher, with Either strengthening 3.3% and XRP increasing 2.4% as part of a broader risk-on rally. Equities climbed after Iran announced that the Strait of Hormuz is now “completely open” for commercial traffic, prompting traders to take on more risk. Oil and the dollar tumbled.“The reopening of the Strait of Hormuz is the risk-on signal the global markets have been waiting for,” said Matt Mena, senior crypto research strategist at 21shares. “By removing one of the most significant geopolitical choke points in the world, Iran has effectively uncorked a massive wave of liquidity and investor confidence.”Still, the derivatives market show traders remain largely defensive. Funding rates for perpetual futures contracts, a key measure of whether leveraged traders are betting on higher or lower prices, were negative. Hefty premiums are also being paid for put options providing downside protections at $60,000 and $50,000, respectively.

“Reality is that the market needs Hormuz clarity and sustained institutional buying to break this range with conviction. Until then, the direction remains unclear., said Jasper De Maere, OTC trader at crypto market maker Wintermute “A sustained ceasefire screams bullish, but each week the Strait remains disrupted from today probably brings an exponentially worse outcome as shocks will start to ripple through supply chains and the global economy.”

At the same time, a growing number of catalysts are seen as emerging. Strategy Inc. has acquired $2.6 billion in Bitcoin in the past two weeks alone. Bohan Jiang, senior derivatives trader at FalconX, said that buying has helped to underpin the market. Shares of Strategy jumped as much as 16% on Friday, the biggest one-day increase since Feb. 6. Other crypto-related stocks also rallied, with Coinbase Global Inc. gained as much as 8% and Galaxy Digital Inc. up more than 10%.

Earlier in the week, Charles Schwab announced plans this week to launch spot crypto trading this year and suggested clients could allocate as much as 8.8% of a portfolio to Bitcoin. Goldman Sachs Group Inc. also filed for a Bitcoin ETF, its first direct push into the crypto investment space. And last week Morgan Stanley became the first major bank to launch its own Bitcoin-tracking ETF.

ET Intelligence Group: Net inflows into gold exchange-traded funds (ETFs) surged to a record ₹68,867 crore in FY26, lifting their share of overall mutual fund industry inflows to nearly 10%, sharply above the historical range of 1-3%. Amid heightened market volatility driven by geopolitical risks, net inflows jumped 364% year-on-year, or more than four-and-a-half times, marking the fastest growth across all mutual fund categories, including equity, debt and hybrid, according to Association of Mutual Funds in India (AMFI) data. The FY26 inflows far exceeded the earlier annual range of ₹700-15,000 crore, making it an exceptional year for gold ETFs.

In addition, the incremental inflows increased ₹54,015 crore in FY26 over the previous year compared with the earlier annual range of ₹2,500-10,000 crore. Other fund categories showed mixed trends in net inflows in FY26 year-on-year. Debt and equity funds recorded 84% and 17% decline, respectively. Index funds registered a 56% decline in inflows. In contrast, hybrid funds and other ETFs reported 30% and 65% increase in inflows.

The surge in inflows in gold ETFs was aided by gold prices and volatility in the stock market. Gold prices surged about 63% in FY26, rising to nearly ₹1.5 lakh by March 31, 2026, driven by global safe-haven demand amid geopolitical tensions. Equities disappointed investors with the BSE Sensex declining about 5% in FY26. Volatility intensified toward the end of the year as the Sensex fell nearly 15% in the fourth quarter. This prompted investors to divert funds to gold ETFs, which recorded net inflows of 31,561 crore in the March quarter, the highest quarterly inflow of the year.
According to Vikram Dhawan, commodities head and fund manager, Nippon India Mutual Fund, investment demand and jewellery demand in gold have long moved in opposite directions during price spikes.