Olive Garden Parent Darden Lifts Outlook as 2Q Sales Climb

Darden completed its acquisition of Chuy's in October. Same-restaurant sales at Olive Garden were up 2%, while its Longhorn Steakhouse chain saw a 7.5% lift. The gains were offset by …

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Olive Garden Parent Darden Lifts Outlook As 2Q Sales Climb

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Darden completed its acquisition of Chuy's in October. Same-restaurant sales at Olive Garden were up 2%, while its Longhorn Steakhouse chain saw a 7.5% lift. The gains were offset by …

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Olive Garden Parent Darden Raises Full-Year Revenue Outlook As …

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The parent company of Olive Garden and LongHorn Steakhouse now anticipates revenue of about $12.1 billion for fiscal 2025, up from its previous projections of $11.8 billion to $11.9 billion.

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Darden Restaurants, Olive Garden Owner, Reverses Higher On …

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Dec 19, 2024 · The Olive Garden, Longhorn Steakhouse owner sees sales growing. ... Darden guided 2025 sales to $12.1 billion, up from $11.39 billion last year and ahead of FactSet …

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Darden Restaurants Stock Climbs As Olive Garden, LongHorn …

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Dec 19, 2024 · Wall Street was expecting the chain to report same-store sales growth of 4.1%. Olive Garden, which accounts for more than 40% of Darden's quarterly revenue, saw same …

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Olive Garden Owner Darden Restaurants Reports 6% Sales …

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Dec 19, 2024 · Darden Restaurants, the parent company of Yard House, Ruth's Chris Steak House, Cheddar's Scratch Kitchen and Seasons 52, said Olive Garden's sales were up 2% …

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People Can’t Get Enough Of LongHorn Steakhouse And Olive Garden

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Dec 19, 2024 · Darden Restaurants, which owns Olive Garden and LongHorn Steakhouse, reported better-than-expected sales at those two chains, helping propel its stock 9% higher in …

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Olive Garden Parent Darden Restaurants Raises Annual Sales Forecast

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Dec 19, 2024 · For the full year, the company expects sales of about $12.1 billion, compared with the previous $11.8 billion to $11.9 billion forecast. Same-store sales at the Olive Garden chain …

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Olive Garden Parent Company Darden Beats Estimates, Raises …

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Dec 16, 2022 · The company reported $2.49 billion in net sales, an increase of 9.4%. Olive Garden, which accounts for nearly half of Darden's revenue, saw an increase of 7.6% in same …

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FAQs about Olive Garden Parent Darden Lifts Outlook as 2Q Sales Climb Coupon?

Does Darden Restaurants own Olive Garden and LongHorn Steakhouse?

Darden Restaurants, which owns Olive Garden and LongHorn Steakhouse, reported better-than-expected sales at those two chains, helping propel its stock 9% higher in premarket trading Thursday. LongHorn sustained its momentum and posted same-store sales growth of 7.5%, outperforming the other chains that Darden owns. ...

What fueled Olive Garden's 6% sales increase?

Olive Garden Owner Darden Restaurants Reports 6% Sales Increase: 'Executing At The Highest Level' The company said results were fueled by same-store sales at Olive Garden and LongHorn Steakhouse Darden Restaurant Inc., the parent company of Olive Garden, reported better-than-expected same-store sales for the fiscal second quarter. ...

Does Olive Garden have better-than-expected sales?

Link Copied! Olive Garden posted better-than-expected quarterly sales. It’s not just Chili’s that Americans are obsessed with. Darden Restaurants, which owns Olive Garden and LongHorn Steakhouse, reported better-than-expected sales at those two chains, helping propel its stock 9% higher in premarket trading Thursday. ...

Why did Darden Restaurants raise its annual sales forecast?

Darden Restaurants raised its annual sales forecast on Thursday, banking on higher menu prices and more people dining at its chains including LongHorn Steakhouse and Olive Garden in the holiday season, sending its shares up about 9% premarket. ...

Did Olive Garden's parent beat profit estimates for fiscal fourth-quarter?

Olive Garden’s parent, Darden Restaurants, beat profit estimates for its fiscal fourth-quarter, offsetting softness in its guidance. Darden Restaurants Inc., the parent of Olive Garden and Ruth’s Chris Steakhouse, beat on profit for the latest quarter while delivering a full-year sales forecast that was below the consensus view at the midpoint. ...

How did Darden's top line perform?

The top line was driven higher by a 2.4% increase in same-restaurant sales, along with sales from the addition of 103 Chuy's restaurants and 39 net new restaurants. Darden completed its acquisition of Chuy's in October. Same-restaurant sales at Olive Garden were up 2%, while its Longhorn Steakhouse chain saw a 7.5% lift. ...