Darden Restaurants Reports 7.8% Sales Growth and Strategic Portfolio Restructuring

Darden Restaurants (DRI) announced a 7.8% increase in year-to-date sales, reaching a total of $9.49 billion. The company is actively reshaping its brand portfolio, a move highlighted by the acquisition of Chuy’s and the planned divestment of Olive Garden locations in Canada. Additionally, management intends to close or convert 14 Bahama Breeze locations to optimize operational efficiency across its segments. Looking ahead, Darden forecasts a robust 9.5% growth in sales for fiscal year 2026. The expansion strategy includes the opening of approximately 70 new restaurant locations during the same period. These strategic maneuvers signal a strong focus on long-term operational strength and market positioning.

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