On the Record · Darden Restaurants
Darden Restaurants acquisitions, on the record
The businesses Darden Restaurants bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Ruth’s Hospitality Group, Inc.Word for word“On June 14, 2023, we completed our acquisition of Ruth’s Hospitality Group, Inc., a Delaware corporation (“Ruth’s”), for $21.50 per share in cash.” 10-K for 2024 | acquisition | On June 14, 2023 | $21.50 per share in cash |
Ruth’s ChrisWord for word“On June 14, 2023, we acquired 100 percent of the equity interest of Ruth’s Chris for $724.6 million in total consideration.” 10-K for 2024 | acquisition | On June 14, 2023 | $724.6 million in total consideration |
Chuy’s Holdings, Inc.Word for word“On July 17, 2024, we entered into an agreement to acquire all of the outstanding shares of Chuy’s Holdings, Inc.(“Chuy’s Holdings”), a Delaware corporation, for $37.50 per share in an all-cash transaction with an enterprise value of approximately 1 $605 million.” 10-K for 2024 | agreed acquisition | — | — |
Olive Garden’s eight Canadian restaurantsWord for word“During the fourth quarter of fiscal 2025, we entered into an agreement with Recipe Unlimited, Canada’s largest full-service restaurant company, pursuant to which Recipe Unlimited will acquire Olive Garden’s eight Canadian restaurants.” 10-K for 2025 | agreed divestiture | — | — |
Olive Garden Canada RestaurantsWord for word“On July 14, 2025, we closed on the sale of the Olive Garden Canada Restaurants to Recipe.” 10-K for 2026 | divestiture | July 14, 2025 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2017-05-28 | $764.4 million | — |
| 2018-05-27 | $40.4 million | — |
| 2019-05-26 | $0 | — |
| 2020-05-31 | $55.8 million | $22.9 million |
| 2021-05-30 | $0 | — |
| 2022-05-29 | $0 | — |
| 2023-05-28 | $0 | — |
| 2024-05-26 | $701.1 million | — |
| 2025-05-25 | $613.7 million | — |
| 2026-05-31 | $0 | — |
Deal filings since 2016
- 2026-10-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-09-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-07-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-10-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-06-14 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2023-06-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-05-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-09-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-04-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-11-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-04-24 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2017-03-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Darden Restaurants’s annual reports (10-K for 2026, 10-K for 2025, 10-K for 2024) and the financial data it files with the SEC, as of 2026-07-24. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.