The Latest Breaking News from Darden Restaurants

Darden Restaurants also own Olive Garden and Longhorn Steakhouse, and says some locations could be converted

While Darden Restaurants has outpaced the broader consumer discretionary sector over the past year, analysts maintain a measured outlook on its future performance, balancing recent gains with a watchful eye on potential headwinds.

In the fast-paced world of dining, even beloved restaurant chains can disappear without warning. Economic downturns, shifting consumer preferences, and operational challenges have led to sudden closures, leaving patrons surprised and nostalgic. Let’s delve into 10 notable restaurant closures that happened almost overnight.

The closed stores were located across eight different states

Despite Darden Restaurants’ outperformance relative to the Dow Jones over the past year, analysts are cautiously optimistic about the stock’s prospects.

Despite missing analyst expectations, Darden Restauant’s stock popped as it forecasted a sales lift next quarter amid pessimism about the economy.

Olive Garden parent Darden Restaurants matched profit views, but sales of $3.158 billion, up 6.2%, missed expectations for $3.214 billion.

March S&P 500 E-Mini futures (ESH25) are up +0.18%, and March Nasdaq 100 E-Mini futures (NQH25) are up +0.25% this morning, extending yesterday’s gains after the Federal Reserve indicated there remains scope to lower interest rates later this year, as any tariff-driven rise in inflation is expected to be temporary.

March S&P 500 E-Mini futures (ESH25) are down -0.43%, and March Nasdaq 100 E-Mini futures (NQH25) are down -0.60% this morning, tracking losses in European equities after ECB President Christine Lagarde stated that U.S. tariffs heightened uncertainty over the economic outlook.

March S&P 500 E-Mini futures (ESH25) are down -0.73%, and March Nasdaq 100 E-Mini futures (NQH25) are down -0.93% this morning, tracking losses in European equities after ECB President Christine Lagarde stated that U.S. tariffs heightened uncertainty over the economic outlook.

Exclusive: Katherine Lamb-Jones says she informed her server of her medical condition, but that the LongHorn Steakhouse still brought out two dishes, back-to-back, containing lemons