Darden Restaurants is acquiring the Ruth's Chris Steak House, adding to its portfolio of brands that include Olive Garden, LongHorn Steakhouse and Yard House.
Darden's portfolio already includes Olive Garden, LongHorn Steakhouse, Yard House, Cheddar's Scratch Kitchen, The Capital Grille, Seasons 52, Bahama Breeze and Eddie V's.
The original Chris Steak House was opened on New Orleans’ Broad Street in 1927 but was later acquired by Ruth Fertel in 1965.which collectively generate systemwide sales of over $860 million in fiscal year 2022, according to Darden. "Ruth's Chris is a strong and distinctive brand in the fine dining segment with an impressive history of delivering elevated dining experiences to their loyal guests," Darden CEO Rick Cardenas said.
The restaurant, known for its signature steaks, "fits the criteria we have for adding a brand to our portfolio and supports our winning strategy."
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