Darden Restaurants - Restaurant chain benefits from rising consumer spending, Chuy’s acquisition significantly boosts results!

Business Driver: Darden Restaurants (DRI) has established itself strongly in the Casual Dining sector with well-known core brands such as Olive Garden, LongHorn Steakhouse, Bahama Breeze, Seasons 52, Eddie V's, and Yard House. Thanks to the acquisition of the steakhouse chain Ruth's Chris Steak House and the fast-food chain specializing in Tex-Mex cuisine, Chuy's, Darden Restaurants continues to gain traction. In the recently completed Q1, the company slightly missed analyst estimates with an EPS increase from $1.75 to $1.95, compared to the expected...