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Restaurants in Darden Tries to open more olive and longhorn steakhoust restaurants.
The CFO Rajesh Vennam said during the fourth quarter of the Darden call that the parent company “is likely to have 40 to 45 openings” between the two chains “in the next year.”
Darden runs over 930 olive garden locations such as late May, when fiscal ends 2025 years. Meanwhile, the counting of the restaurant owned by Longhours owned by the company over 590.
A Olive restaurant in Fremont, California, on Sept. 14, 2023. (David Paul Morris / Bloomberg Via / Getty Images)
Chris’s Chris Chris, Cheddar’s Cheddar’s Kitchen, Capital Grille, Chuy’s, Seasons 52 and Eddie V are in other chains of Darden brands.
Popular chain chain is quietly launched a lot of expansion all over America
“Yard House will be in the middle number, and then there are all other brands that have contributed to another 15 or more,” Vennam said. “But as we look at the future, we look forward to other brands to be a larger part of mix.”
The CFO says the analysts and investors who believe Darden has a “great opportunity” for the longhorn to open 25 in 50 locations in the near future. ”
A Longhorn Steakhouse Restaurant on June 22, 2023, in Skokie, Illinois. (Scott Olson / Getty Images)
“But then again we, as I said, some other brands will begin to contribute to more than” Darden’s hitting “as we move over the next few years,” he said.
His comments come in response to an analyst question about 60-65 new restaurants Darden foretold to launch the Fistral 2026 and if the unit growth is improved.
“We build the pipeline,” says Vennam. “We hope to be in 3-plus (percentage) sequence in the next five years.”
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Darden has over 2,100 companies owned by the company of all brands at the end of fiscal 2025.
The Olive Garden and Longhorn garden passed around since the early 1980s, Darden took late attack on customer service index in the first month, while the Italian chain Almost behind it with a score of 81.
The olive garden has $ 5.2 billion sale for fiscal 2025, marking a 2.8% increase from the first year. The Longhorn’s annual sales rose at 7.8% to $ 3.03 billion.
A Garden of Olive on June 20, 2025, in Austin, Texas. (Brandon Bell / Getty Images)
Overall, Darden has created nearly $ 12.08 billion sold during fiscal 2025 with net income of $ 1.05 billion. For fiscal 2026, this forecast forecast grows 7-8%.
During the earnings call, the company It also reveals that it looks at “strategic alternatives” for 28-location life Breeze Breeze Chain.
Olhive Garden Owner, Longhorn Steakhouse Brands Looking Off Caribbean Restaurant Chain
“We make the hard decision that these remaining locations and the Bahama Breeze brand is not a strategic prayer for us. It also believes that this brand has a possibility to benefit from a new owner,” CEO RICARDO CARDENAS said. “As a result, we will consider strategic alternatives for Farm Breeze, including a potential sales of brands or converting restaurants to other brands in Darden.”
