Darden sees improved restaurant sales | Baking Business

Dec 30, 2024 · Same-restaurant sales for Darden — led by Olive Garden, LongHorn Steakhouse, Yard House, and Cheddar’s Scratch Kitchen — rose 2.4%, supported by the addition of 103 …

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Darden Sees Improved Restaurant Sales | Baking Business

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Dec 30, 2024 · Same-restaurant sales for Darden — led by Olive Garden, LongHorn Steakhouse, Yard House, and Cheddar’s Scratch Kitchen — rose 2.4%, supported by the addition of 103 …

bakingbusiness.com

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Darden Restaurants Revises Fiscal 2025 Outlook To $12.1bn In Sales

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Dec 20, 2024 · The other business segment, which now includes Chuy’s, reported a sales increase to $581.4m for the quarter and $1.13bn year-to-date, with corresponding segment …

verdictfoodservice.com

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What To Expect From Darden Restaurants In 2025 (NYSE:DRI)

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Dec 26, 2024 · Investor confidence is relatively high in Darden Restaurants (NYSE:DRI) heading into the new year. The restaurant company now sees generating sales of approximately $12.1 …

seekingalpha.com

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Darden Restaurants Stock Climbs As Olive Garden, LongHorn …

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Dec 19, 2024 · Customers with incomes between $50,000 and $100,000 are visiting Darden's restaurants more frequently, although higher-income diners haven't increased their visits.

nbcchicago.com

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Olive Garden Owner Darden Restaurants Reports 6% Sales …

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Dec 19, 2024 · Darden Restaurant Inc.'s shares soared 15% Thursday as it reported better-than-expected same-store sales for the fiscal second quarter, driven by Olive Garden and …

ibtimes.com

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Darden Reports Q2 Blended Same-restaurant Sales Increase Of 2.4%

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Dec 19, 2024 · Q2 same-restaurant sales by segment: Olive Garden 2.0%; LongHorn Steakhouse 7.5%; Fine Dining (5.8%); Other Business 0.7%. Published first on TheFly – the ultimate …

businessinsider.com

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Americans Are Ordering Steaks But Passing On Fine Dining, Says …

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Dec 19, 2024 · Earnings Results Americans are ordering steaks but passing on fine dining, says Olive Garden’s owner LongHorn’s same-store sales rise 7.5%, well ahead of its year-ago …

marketwatch.com

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Darden Restaurant Sales Grow Despite Fine Dining Pullback

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Dec 19, 2024 · While sales were up 7.5% at LongHorn and 2% for Olive Garden, sales for the company’s fine dining restaurants — Ruth’s Chris Steak House, Eddie V’s Prime Seafood and …

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Darden Restaurants: A Leader In The Full-Service Restaurant Industry

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Up to 2% cash back · Darden Restaurants is the premier full-service dining company, operating over 1,800 locations. Learn about our company, buy gift cards, search careers and …

FAQs about Darden sees improved restaurant sales | Baking Business Coupon?

How did Darden Restaurants perform in pre-market activity?

(RTTNews) - Shares of Darden Restaurants Inc. were gaining more than 9 percent in the pre-market activity on the NYSE after the company maintained its fiscal 2025 earnings view, and lifted sales forecast to reflect the recently acquired Chuy's operating results. In its second quarter, profit and sales increased and beat market estimates. ...

Will Darden's strong restaurant margin recovery defend its 2%-3% annual unit growth targets?

Darden's strong restaurant margin recovery should defend its 2%-3% annual unit growth targets even as pressure builds elsewhere in the full-service restaurant industry. Sticky off-premises sales could increase throughput capacity at mature concepts (Olive Garden, LongHorn) that were approaching dine-in limits. ...

Why is Darden a good food delivery company?

By our estimates, the firm's per-unit food cost outpaces total sales at many quick-service restaurants, allowing Darden to generate substantial leverage over last-mile delivery costs, with larger drop sizes helping blunt the impact of the most expensive component of the delivery value chain. ...

Is Darden a successful restaurant?

While we view this approach as strategically sound, we expect any success at Darden to come in spite of, rather than propelled by, aggregate industry results, with the full-service industry ceding market share as consumers increasingly favor off-premises options at the expense of dine-in meal occasions. ...

How will Darden's cost savings impact the restaurant industry?

Darden's recent cost savings measures look increasingly sticky, widening the profitability gap between the operator and its full service restaurant peers. Slower full-service industry growth could result in aggressive discounting and challenges generating positive traffic in the intermediate term. ...

How much will Darden Street's restaurant sales grow?

The Street is looking for sales of $11.96 billion. Same-restaurant sales growth is now expected to be around 1.5 percent, compared to previous growth view of 1.0 percent to 2.0 percent. Darden now expects new restaurant openings of 50 to 55, up from the 45 to 50 openings expected earlier. ...