Darden Restaurants Inc. – Company Overview and Analysis, 2023 Update
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Darden Restaurants Inc. Company Overview
Darden Restaurants Inc. is a full-service restaurant company that also operates restaurants through joint ventures and franchises. It operates restaurants under various brand names such as Olive Garden, LongHorn Steakhouse, Bahama Breeze, The Capital Grille, and Eddie V’s. The company’s restaurants provide a range of food and dining options to customers, including Italian, Caribbean, and other continental food such as appetizers, salads, breadsticks, and desserts.
The Darden Restaurants Inc. company analysis report provides key findings based on market analysis and brand diversification by industry and geography. The report also details deals and partnerships that benefit the company, along with trends and key themes the company invests in.
Key Industries | · Pub, Club & Bar
· Restaurant |
Leading Regions | · Latin America
· North America |
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Darden Restaurants Inc. Company Analysis by Industries
The key industries covered by Darden Restaurants Inc. are pub, club & bar and restaurant. Restaurants accounted for the dominating share of Darden’s revenue in 2022. Since the restaurant industry in North America is forecast to grow at a moderate rate, Darden can continue to focus on its expansion in the region. In addition, it can also focus on increasing its outlets in Latin America.
Darden Restaurants Inc. Company Analysis by Industries, 2022 (%)
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Darden Restaurants Inc. Company Analysis by Regions
Darden Restaurants Inc. has operations in Latin America and North America. North America generated the highest revenue in 2022. The US was the top market for the company in 2022. Darden Restaurants Inc. has a presence in Mexico and Canada as well, but their contribution to the company’s revenue is negligible. Olive Garden, the company’s key brand, contributed the most to the company’s revenue in 2022, followed by LongHorn Steakhouse.
Darden Restaurants Inc. Company Analysis by Regions, 2022 (%)
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Darden Restaurants Inc. Company Analysis – Key Themes
Darden Restaurants Inc. is involved in the themes of ESG – environmental, ESG – social, easy & affordable, future of work, and online food delivery.
ESG – Social: In September 2023, Darden Restaurants partnered with Feeding America, a US-based food bank operator, to add 10 more refrigerated trucks to help 10 local food banks. The truck can transport up to 12,000 pounds of food at a time. According to the company, these trucks will be part of mobile food pantry programs at food banks.
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Segments Covered in the Report
Darden Restaurants Inc. Company Industry Outlook (2022)
- Pub, Club & Bar
- Restaurant
Darden Restaurants Inc. Company Region Outlook (2022)
- Latin America
- North America
Scope
• North America accounts almost 100% of Darden’s revenue in 2022_x000D_
• Latin America to grow at a high CAGR during 2022–27_x000D_
• Restaurants account for the dominating share in Darden’s revenue_x000D_
• Sentiment score declined slightly since January 2022
Key Highlights
- North America accounted for almost 100% of Darden’s revenue in 2022.
- Latin America to grow at a high CAGR during 2022-2027.
- Restaurants account for the dominating share of Darden’s revenue.
- Sentiment score declined slightly since January 2022.
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Table of Contents
Frequently asked questions
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Which industry had the highest sales for Darden Restaurants Inc. in 2022?
The restaurant industry had the highest sales in 2022.
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Which was the highest revenue-generating region for Darden Restaurants Inc.’s operations in 2022?
North America generated the highest revenue for Darden Restaurants Inc. in 2022.
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What are the key themes that Darden Restaurants Inc. is involved in?
Darden Restaurants Inc. is involved in the themes of ESG – environmental, ESG – social, easy & affordable, future of work, and online food delivery.
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