New York CNN —
It’s not just Chili’s that Americans are obsessed with.
Darden Restaurants, which owns Olive Garden and LongHorn Steakhouse, reported better-than-expected sales at those two chains, helping propel its stock 9% higher in premarket trading Thursday.
LongHorn sustained its momentum and posted same-store sales growth of 7.5%, outperforming the other chains that Darden owns. The affordable steakhouse chain is on fire this year as it maintained lower prices and, as a result, attracted price-conscious consumers.
At Olive Garden, Darden’s largest chain in terms of revenue, same-store sales rose 2% and
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