Popular dining chain shuts all remaining locations, no bankruptcy [Yahoo! Finance]
Darden Restaurants, Inc. (DRI)
Last darden restaurants, inc. earnings: 3/19 07:00 am
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Source: Yahoo! Finance
Most restaurant chains have given similar reasons for closing locations, and in some cases, filing for bankruptcy, including rising labor and product costs driven by inflation supply chain instability, consumers' changing attitudes toward eating out, and unsustainable debt obligations. One of the major issues has been food and labor costs, which have increased by 35% in the last five years. Average menu prices also rose 31% from February 2020 to April 2025, according to the National Restaurant Association Those rising menu prices discourage patrons from dining, which depresses restaurant revenue, creating economic hardship. Two popular casual restaurants filed for Chapter 11 protection last year, facing financial distress, and another chain will permanently close down this year without filing for bankruptcy. Restaurant chain, On The Border Mexican Grill & Cantina , had about 120 locations at the beginning of 2025 and closed or vacated 40 non-performing stores on Feb. 24 becau
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DRI
News
- Bahama Breeze to close or convert all nationwide restaurants, including 15 in Florida, company says [CBS News]CBS News
- Bahama Breeze to close all its restaurants [FOX Business Network]FOX Business Network
- Wall Street Breakfast Podcast: Bahama Breeze Comes Off Darden's Menu [Seeking Alpha]Seeking Alpha
- This Caribbean-themed restaurant in Kendall is closing for good [Yahoo! Finance]Yahoo! Finance
- Darden Restaurants to shut half of Bahama Breeze sites in US [Yahoo! Finance]Yahoo! Finance
DRI
Earnings
- 12/18/25 - Miss
DRI
Sec Filings
- 1/27/26 - Form 4
- 1/26/26 - Form 4
- 1/23/26 - Form 144
- DRI's page on the SEC website