Olive Garden

Financing

Olive Garden and LongHorn start the year with a bang

The two casual-dining chains reported strong sales growth in the first months of 2026, prompting parent company Darden Restaurants to upgrade its annual forecast again.

Financing

Olive Garden parent Darden is not done acquiring restaurants

The full-service restaurant operator is coming off the acquisitions of Ruth’s Chris and Chuy’s and is eyeing more M&A to increase its market share and scale, executives said at the ICR conference.

Parent company Darden Restaurants said Thursday that the company’s use of first-party delivery is bringing in new, higher-income customers. But it has concerns about using third-party services.

The two casual-dining chains’ same-store sales rose last quarter, prompting parent Darden Restaurants to raise its guidance for the full year. The company’s stock rose in early-morning trading.

The Italian casual-dining chain continues to see success from value and delivery. Same-store sales rose nearly 6% over the summer.

Same-store sales rose 6.9% at the Italian casual-dining chain as its investments in affordability and Uber delivery paid off.

After a chilly start to the year, the Italian casual-dining chain said business has picked up recently, despite signs that consumer sentiment is down.

A record number of customers paid extra to upgrade the bottomless dish, a sign that consumers are “feeling a little bit better,” executives for the casual-dining chain said.

Tech Check: The casual-dining chain’s deal with Uber is full of unusual wrinkles that are designed to reap the benefits of the service without hurting the brand.

The casual-dining chain, a longtime delivery holdout, is partnering with Uber Eats on a direct integration. Other Darden Restaurants concepts will follow.

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