Darden Restaurants benefit from value perception

Core Insights - Darden Restaurants Inc. reported sales exceeding expectations for its second fiscal quarter, with positive same-restaurant sales across all segments [1] - The company achieved a sales increase of 7.3% to $3.1 billion, with overall same-store sales up by 4.3%, significantly outperforming the benchmark of 1.3% [2] Segment Performance - LongHorn Steakhouse, with 601 units, led the sales growth with a 5.9% increase in comparable sales and improved customer satisfaction scores, particularly in the quality of steaks [3] - Olive Garden, the flagship chain with 936 restaurants, saw a same-store sales increase of 4.7%, driven by the successful promotion of the Never Ending Pasta Bowl [4] Delivery and Customer Engagement - The increase in delivery through Uber Direct contributed 4% to total sales for the quarter, attracting younger, affluent customers who value convenience and order more frequently [5] - The sales boost from delivery allowed Olive Garden to invest in its Lighter Portions menu, which is expected to be available systemwide by January 2026 [6] - Customers ordering from the Lighter Portions section experienced a double-digit increase in affordability perception and higher visit frequency, which is anticipated to enhance traffic over time [7]