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Chuy's

Financing

Olive Garden owner Darden completes acquisition of Chuy's for $605M

 By Joe Guszkowski on Oct. 11, 2024

The casual-dining Tex-Mex chain is the first Mexican concept in Darden’s portfolio and is expected to help the company reach a new audience.

Financing

Chuy's responds to shareholder angst over Darden deal

 By Joe Guszkowski on Oct. 01, 2024

Facing an onslaught of shareholder questions, the Tex-Mex chain provided additional detail on how it arrived at a sale price of $37.50 per share.

Financing

With Chuy's deal, Olive Garden's owner sees a chance to get broader and younger

By Joe Guszkowski on Jul. 18, 2024

The challenge for Darden Restaurants will be turning the regional full-service Mexican chain into a bigger player.

Financing

Olive Garden parent Darden Restaurants is buying Chuy's for $605M

By Joe Guszkowski on Jul. 17, 2024

It will be the second acquisition for Darden in as many years and brings Mexican cuisine to its portfolio for the first time.

Marketing

Non-discount chains are getting pulled into the value wars anyway

By Joe Guszkowski on Jun. 13, 2024

The industry's preoccupation with price is forcing brands to change tactics in marketing and on the menu, even if they refuse to discount.

Leadership

Chuy's co-founder Mike Young dies at age 74

By Peter Romeo on Aug. 15, 2023

An entrepreneur who said he relied on Jose Cuervo for his design ideas, the lifetime Austin restaurateur also opened several independents in his hometown.

Financing

Ruth's Chris sees some relief on beef costs

By Joe Guszkowski and Jonathan Maze on Aug. 08, 2022

Earnings Roundup: Chuy's sales hurt by the Texas heat and Fat Brands looks for more acquisition targets.

Financing

Earnings roundup: Ruth’s Chris, STK, Chuy’s, El Pollo Loco, RAVE

By Joe Guszkowski and Heather Lalley on May 06, 2022

Sales are up, but inflation and supply chain issues continue to cause stress for smaller, publicly traded restaurant chains.

Financing

Chuy’s likes the ROI on thank-you bonuses, pauses at sky-high construction costs

By Peter Romeo on Feb. 18, 2022

The casual chain is pushing back its development schedule because of a 25% spike in costs.

Workforce

Overtime costs surge for restaurants as fewer workers shoulder the workload

By Peter Romeo on Feb. 18, 2022

Employers are also finding that more hours are needed because new hires aren't as efficient.

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