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- Darden Restaurants said Friday that it completed its purchase of Chuy’s after shareholders of the Tex-Mex brand approved the proposed acquisition on Thursday.
www.restaurantdive.com/news/darden-wraps-up-chuys-acquisition/729712/
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6 days ago · Founded in Austin, Texas in 1982, Chuy's operates more than 100 restaurants across 15 states serving a distinct menu of authentic, made from scratch Tex-Mex inspired dishes. Chuy's highly flavorful and freshly prepared fare is served in a fun, eclectic and irreverent atmosphere, while each location offers a unique, "unchained" look and feel, as ...
3 days ago · The acquisition, first announced in July, brings a differentiated brand with strong financials to Darden’s stable. Chuy’s 101 stores have an annualized unit volume of about $4.5 million, and despite a modest decrease in same-store sales, have seen average check size grow from $19.23 in Q2 2023 to $19.68 in Q2 2024, according to Chuy’s ...
3 days ago · Listen to this article 4 min. Darden Restaurants has finalized its $605 million acquisition of Austin-born restaurant chain Chuy's, which has 11 Houston-area locations. Tex-Mex chain Chuy’s is ...
2 days ago · YUMC. Darden Restaurants, Inc. DRI has completed the acquisition of Chuy's Holdings, Inc., following the merger agreement announced on July 17, 2024. The all-cash transaction has an enterprise ...
6 days ago · By Joe Guszkowski on Oct. 11, 2024. Darden Restaurants is officially the new owner of Chuy’s Tex-Mex. The parent company of Olive Garden and eight other full-service chains said Friday it had closed the deal for 101-unit Chuy’s, bringing its portfolio to 10 brands. The all-cash transaction was worth about $605 million.
Jul 17, 2024 · Darden Restaurants is adding Tex-Mex to the menu. The parent company of Olive Garden, LongHorn Steakhouse, Yard House and other chains, said Wednesday it’s buying Chuy’s for approximately $605 million. Darden said it will acquire all outstanding shares of Chuy’s for $37.50 per share.
Mar 31, 2024 · Founded in Austin, Texas, in 1982, Chuy's owns and operates full-service restaurants serving a distinct menu of authentic, made-from-scratch Tex-Mex inspired dishes.