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With a market cap of around $20 billion, Darden Restaurants, Inc. (DRI) is one of the largest full-service dining companies in the U.S. and Canada, operating over 1,700 restaurants across multiple brands. Its portfolio includes well-known names such as Olive Garden, LongHorn Steakhouse, The Capital Grille, and Cheddar’s Scratch Kitchen, offering a diverse range of dining experiences.
Shares of the Olive Garden parent have underperformed the broader market over the past 52 weeks. DRI stock has risen 5.1% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 14.5%. In addition, shares of DRI are down 5.9% on a YTD basis, compared to SPX’s 16.5% gain.