Darden Restaurants Inc. - Company Overview and Analysis, 2023 Update

Darden Restaurants Inc. - Company Overview and Analysis, 2023 Update

Summary

Darden Restaurants Inc. - Company Overview and Analysis, 2023 Update, reports key findings as of 29th September, 2023 based on market analysis and brand diversification by industry and geography.

Darden Restaurants Inc (Darden) is a full-service multi-brand restaurant operator. Olive Garden, and LongHorn Steakhouse are some of its leading brands. It offers a range of food and dining options including Italian, Caribbean, and other continental food. Darden is headquartered in Orlando, Florida, the US. It operates its restaurants in the Americas region. Its major business is concentrated in North America, which accounted for 99.95% of overall value sales in 2022. GlobalData’s thematic scorecard shows that Darden ranks 16th among the selected 20 foodservice companies and is investing more in themes such as internet of things and future of work.

Scope

• North America accounts almost 100% of Darden’s revenue in 2022
• Latin America to grow at a high CAGR during 2022–27
• Restaurants account for the dominating share in Darden’s revenue
• Sentiment score declined slightly since January 2022

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