Darden Restaurant may sell Bahama Breeze chain
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Darden Restaurant is pondering the future of the Bahamas Breeze chain.
CEO Rick Cardenas told analysts and investors on Friday company We will “consider strategic alternatives” for Bahamas Breeze, such as selling chains and “converting restaurants to other Darden brands.”
Darden operated 28 Bahamas Breeze restaurants in late May. After Darden was closed, the number of restaurants in the chain has been reduced to that level 15 locations During that month, Cardenas said during the call for revenue.
On Thursday, June 22, 2017, there is a vehicle parked outside the location of Darden Restaurants Inc. Bahama Breeze Island Grille in Schoburg, Illinois. (Daniel Acker/Bloomberg via Getty Images)
company Recently, we have implemented strategic plans for various chains.
Cardenas explained that Darden made the “difficult decision” that the remaining 28 restaurants in Bahamas Breeze and their brands “after the process and further reviews it was “not a strategic priority for us.”
“We also believe that this brand and these restaurants could benefit from the new owners,” he told analysts and investors.
Signage is on display on Thursday, June 22, 2017 at the location of Darden Restaurants Inc. Bahama Breeze Island Grille in Schoburg, Illinois. (Daniel Acker/Bloomberg via Getty Images)
Darden Restaurant created Bahama Breeze in the 90s. The chain is known for this Caribbean food Tropical drink.
While discussing the decision to consider a “strategic alternative” for Bahama Breeze, CEO Of the chain’s parent company, Darden said he “will not intend to invest much in Bahamas Breeze.”
Darden has concluded that Bahamas Brees “doesn’t meet the standards anymore” because of its portfolio of restaurant brands, he said.
Signage will be on display outside the location of Darden Restaurants Inc. Bahama Breeze Island Grille in Schoburg, Illinois on Thursday, June 22, 2017. (Daniel Acker/Bloomberg via Getty Images)
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Olive Garden, Longhorn Steakhouse, Yard House, Chris Steakhouse in Ruth, Scratch Kitchen in Cheddar, Capital Grill, Season 52 of Chuy, Eddie V is one of the other brands under the umbrella of Darden.
The announcement that Darden was investigating a “strategic alternative” to Bahamas Brees came when the Florida-based restaurant company released its fourth-quarter financial results.
Darden earned $3.27 billion in sales in the final quarter of 2025, up 10.6% from the same three months last year. Meanwhile, its net profit came in at $333.8 million.
“Compliance with our winning strategy has been a successful year as it is locked into four competitive advantages and is excellent at basics,” said Cardenas. “Our strategy continues to be the right thing for the company and we will continue to implement it to promote growth and long-term shareholder value.”
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For fiscal year 2026, the company expects total sales to increase by 7-8%.
Company Value Market capitalization basis As of early Friday afternoon, it hovered $26.06 billion.