Around the Net
Darden Restaurants Adds Ruth's Chris Steak House To Stable
- USA Today, Thursday, May 4, 2023 6:27 PM
The company that owns Ruth’s Chris Steak House is selling to Darden Restaurants, which also owns Capital Grille, Eddie V’s, LongHorn Steakhouse, Olive Garden, Bahama Breeze, Yard House, Cheddar's Scratch Kitchen and Seasons 52. "Ruth’s — which was founded in 1965 after Ruth Fertel bought Chris Steak House in New Orleans — generated $505.9 million in revenue in 2022 and reported same-store sales growth of 4.5% last quarter," per USA Today.
