Darden Restaurants Sees $302 Million Trading Volume Ranked 378th Amid Closures and Digital Push

On July 24, 2025, Darden Restaurants Inc. (DRI) saw a trading volume of $302 million, marking a 31.44% increase from the previous day. This placed Darden in the 378th position in terms of trading volume for the day. However, the stock price of Darden Restaurants Inc. (DRI) fell by 2.74%, marking the second consecutive day of decline, with a total decrease of 3.09% over the past two days.

Darden Restaurants Inc. has announced that it will be closing 100 of its Olive Garden restaurants in the United States. The company cited declining sales and increased competition as the primary reasons for the closures. This decision is expected to have a significant impact on the company's financial performance in the coming quarters.

Darden Restaurants Inc. has also announced that it will be investing $50 million in its digital transformation initiative. The company aims to enhance its online ordering and delivery services, as well as improve its customer engagement through the use of data analytics. This investment is part of the company's long-term strategy to stay competitive in the rapidly evolving restaurant industry.

Darden Restaurants Inc. has reported that its same-store sales for the second quarter of 2025 have increased by 2.5%. This growth was driven by strong performance in its Olive Garden and LongHorn Steakhouse brands. The company's management team expressed optimism about the future prospects of the business, citing the successful implementation of its digital transformation initiative and the continued strength of its core brands.