Darden Restaurants' Sales Surge, Boosting Stock

Darden Restaurants, the parent company of Olive Garden and LongHorn Steakhouse, has reported robust sales growth for the second quarter, surpassing expectations. The companys net income increased by 7.2% to $237.2 million, and total net sales rose by 7.3% to $3.1 billion. Same-store sales at Olive Garden and LongHorn Steakhouse grew by 4.7% and 5.9% respectively, driven by strong demand and promotions. Despite challenges in the fine-dining sector, Dardens overall performance indicates a positive trend.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.