Companies

Darden Restaurants Sales Rise on New Locations, Shares Trade Near All-Time Highs

Darden Restaurants Sales Rise on New Locations, Shares Trade Near All-Time Highs
An Olive Garden restaurant in Rohnert Park, Calif., on June 20, 2024. Justin Sullivan/Getty Images
Panos Mourdoukoutas
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News Analysis

Darden Restaurants’ total sales rose in the third quarter of fiscal year 2025, led by new store openings and acquisitions. These initiatives helped the company expand its store locations, compensate for weak same-store sales, and send its shares higher on Wall Street.

Panos Mourdoukoutas
Panos Mourdoukoutas
Author
Panos Mourdoukoutas is a professor of economics at Long Island University in New York City. He also teaches security analysis at Columbia University. He’s been published in professional journals and magazines, including Forbes, Investopedia, Barron's, IBT, and Journal of Financial Research. He’s also the author of many books, including “Business Strategy in a Semiglobal Economy” and “China's Challenge.”