Here’s how much supply chain costs are increasing this year

The Bottom Line: Darden CEO Rick Cardenas told investors this week that demographic trends are shifting in restaurants’ favor. But some demographic trends will be a headwind.

The Bottom Line: The chain has been struggling in the U.S. for years as domestic consumers shift spending away from traditional bar & grill chains.

The fast-casual chain appears to have closed at least one-third of its restaurants in 2023, and likely many more as years of decline become a freefall. But how many it has remains a mystery.