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COMPANIES
&
PRODUCTSLongHornSteakhouseCHAPTER
01FullservicerestaurantindustryOutputofthefullservicerestaurantfranchiseindustryintheUnitedStatesfrom2013to2023,withaforecastfor2024(inbillionU.S.dollars)OutputofthefullservicerestaurantfranchiseindustryintheU.S.2013-20239080.278.18070605040302010076.576.47372.868.56458.9355.4355.152.2420132014201520162017201820192020202120222023*2024**3Description:In2023,table/fullservicerestaurantfranchiseestablishmentsintheUnitedStateshadanestimatedoutputof78.1billionU.S.dollars.Thatfigurewasforecasttoincreaseto80.2billionin2024.Table/fullservicerestaurantsareestablishmentsprimarilyengagedinprovidingfoodservicestopatronswhoorderandareservedwhileseatedandpayaftereating.
ReadmoreNote(s):UnitedStates;2013to2023;*Estimate**ForecastReadmoreSource(s):FRANdata;InternationalFranchiseAssociationNumberoffullservicerestaurantfranchiseestablishmentsintheUnitedStatesfrom2013to2023,withaforecastfor2024NumberoffullservicerestaurantfranchiseestablishmentsintheU.S.2013-202440,00033,60535,00030,00025,00020,00015,00010,0005,000033,17433,16032,84332,81332,03731,40830,87031,00430,29629,82929,52420132014201520162017201820192020202120222023*2024**4Description:In2023,itwasestimatedthattherewere33,174fullservicerestaurantfranchiseestablishmentsintheUnitedStates.Thisfigurewasforecasttoincreaseto33,605in2024.Table/fullservicerestaurantsareestablishmentsprimarilyengagedinprovidingfoodservicestopatronswhoorderandareservedwhileseatedandpayaftereating.ReadmoreNote(s):UnitedStates;2013to2023;*Estimate**ForecastReadmoreSource(s):FRANdata;InternationalFranchiseAssociationFullservicerestaurantfranchiseemploymentintheUnitedStatesfrom2013to2023,withaforecastfor2024EmploymentinthefullservicerestaurantsfranchiseindustryintheU.S.2013-20241,200,0001,000,000800,000600,000400,000200,000020132014201520162017201820192020202120222023*2024**5Description:In2023,thenumberofpeopleemployedinthetable/fullservicerestaurantfranchiseindustryintheUnitedStateswasestimatedat1.1million.Thisfigurewasforecasttogrowtoaround1.3millionby2024.Table/fullservicerestaurantsareestablishmentsprimarilyengagedinprovidingfoodservicestopatronswhoorderandareservedwhileseatedandpayaftereating.
ReadmoreNote(s):UnitedStates;2013to2023;*Estimate**ForecastReadmoreSource(s):FRANdata;InternationalFranchiseAssociationMonthlychangeinfullservicerestaurantmenupricesintheUnitedStatesfromApril2022toJanuary2024MonthlychangeinFSRmenupricesintheU.S.2022-20249.5%9%9%9%9%8.9%
8.9%8.8%8.7%8.5%7.5%6.5%5.5%4.5%3.5%8.2%8.1%8%8%7.2%6.8%6.2%5.8%5.2%Aug5.1%Sep4.5%4.3%
4.3%4.3%JanApr
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MarApr
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Dec2022
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20246Description:Fullservicerestaurantmenupricesroseby4.3percentinJanuary2024overthepreviousyear.FromMarch2023toOctober2023,fullservicerestaurantmenupricessawasignificantdeclinewhencomparedtothepreviousyear.
ReadmoreNote(s):UnitedStates;April2022toJanuary2024Source(s):BureauofLaborStatistics;NationalRestaurantAssociationAmericanCustomerSatisfactionIndexscoresforfull-servicerestaurantsintheUnitedStatesfrom2007to2023AmericanCustomerSatisfactionIndex:full-servicerestaurantsintheU.S.2007-202390848282828181818181818180808080797880706050403020100200720082009201020112012201320142015201620172018201920202021202220237Description:ThisstatisticshowstheAmericanCustomerSatisfactionIndex(ACSI)scoresforfull-servicerestaurantsintheUnitedStatesfrom2007to2023.In2023,theACSIscoreforfull-servicerestaurantsintheU.S.was81.ReadmoreNote(s):UnitedStates;2007to2023Source(s):ACSI?CHAPTER
02LongHornSteakhouseLongHornSteakhousetotalsalesintheUnitedStatesfrom2016to2023(inmillionU.S.dollars)U.S.totalsalesofLongHornSteakhouse2016-20233,0002,5002,0002,612.32,374.31,810.61,810.41,703.21,701.11,622.21,587.71,5001,0005000201620172018201920202021202220239Description:ThisstatisticshowsthetotalsalesofLongHornSteakhouseintheUnitedStatesfrom2016to2023.LongHornSteakhousegeneratedsalesofapproximately2.61billionU.S.dollarsintheU.S.in2023.ReadmoreNote(s):NorthAmerica,UnitedStates;2016to2023;fiscalyearsendonthelastSundayinMaySource(s):DardenRestaurantsLongHornSteakhouseaverageannualsalesintheUnitedStatesfrom2016to2023(inmillionU.S.dollars)AverageannualsalesofLongHornSteakhouseU.S.2016-20235.04.54.04.74.43.63.43.43.53.02.52.01.51.00.50.03.33.33.22016201720182019202020212022202310/statistics/909930/longhorn-steakhouse-average-annual-sales-usThisstatisticshowstheaverageannualsalesofLongHornSteakhouseperrestaurantintheUnitedStatesfrom2016to2023.LongHornSteakhousegeneratedaverageannualsalesofapproximately4.7millionU.S.dollarsperrestaurantintheU.S.in2023.ReadmoreNote(s):NorthAmerica,UnitedStates;2016to2023;fiscalyearsendonthelastSundayinMaySource(s):DardenRestaurantsAveragecheckperpersonofLongHornSteakhouserestaurantsfrom2016to2023(inU.S.dollars)LongHornSteakhouse'saveragecheckperperson2016-20233025.524252322.52221.52120.5201510502016201720182019202020212022202311Description:Inthefiscalyear2023,theaveragecheckperpersonamountedto25.5U.S.dollars.LongHornSteakhouseisoneofthecasualdiningrestaurantchainsownedandoperatedbyDardenRestaurants,amulti-brandrestaurantoperator.OthercasualdiningrestaurantchainsownedandoperatedbyDardenincludeOliveGarden,TheCapitalGrille,BahamaBreezeIslandGrille,andSeasons52.ReadmoreNote(s):Worldwide;2016to2023;fiscalyearsendthelastSundayinMaySource(s):DardenRestaurantsTotalassetsofLongHornSteakhouseintheUnitedStatesin2017to2023(inmillionU.S.dollars)LongHornSteakhouse'stotalassetsintheU.S.2017-20232,5002,0001,5001,978.31,9111,8301,816.1974.2972.5948.91,0005000201720182019202020212022202312Description:ThisstatisticshowsthetotalassetsofLongHornSteakhouseintheUnitedStatesfrom2017to2023.LongHornSteakhouse'stotalassetsamountedtoapproximately1.97billionU.S.dollarsin2023.ReadmoreNote(s):NorthAmerica,UnitedStates;2017to2023;fiscalyearsendonthelastSundayinMaySource(s):DardenRestaurantsNumberofLongHornSteakhouserestaurantsinNorthAmericafrom2008to2023NumberofLongHornSteakhouserestaurantsinNorthAmericafrom2008-20236005005625465335225145044904804814644303864003002001000354331321305200820092010201120122013201420152016201720182019202020212022202314Description:ThisstatisticshowsthenumberofLongHornSteakhouserestaurantsinNorthAmericafrom2008to2023.Attheendofthe2023fiscalyear,therewere562LongHornSteakhouserestaurantsinNorthAmerica.
ReadmoreNote(s):Canada,UnitedStates;2008to2023;fiscalyearsendonthelastsundayinMaySource(s):DardenRestaurantsNumberofLongHornSteakhouserestaurantsintheUnitedStatesfrom2016to2023LongHornSteakhouse:numberofrestaurantsU.S.2016-202360056254653352052251450548950040030020010002016201720182019202020212022202315Description:Inthefiscalyear2023,therewere562LongHornSteakhouserestaurantsintheUnitedStates.LongHornSteakhouseisoneofthecasualdiningrestaurantchainsownedandoperatedbyDardenRestaurants,amulti-brandrestaurantoperator.OthercasualdiningrestaurantchainsownedandoperatedbyDardenareOliveGarden,TheCapitalGrille,BahamaBreezeIslandGrille,andSeasons52.
ReadmoreNote(s):UnitedStates;2016to2023;fiscalyearsendonthelastSundayinMaySource(s):DardenRestaurantsCHAPTER
03DardenRestaurantsRevenueofDardenRestaurantsfrom2007to2023(inbillionU.S.dollars)RevenueofDardenRestaurants2007-20231210.499.631088.518.087.817.227.177.26.936.766.636.275.9265.575.334.984.634202007200820092010201120122013201420152016201720182019202020212022202317Description:ThisstatisticshowstherevenueofDardenRestaurantsfrom2007to2023.Duringthe2023fiscalyear,DardenRestaurantsgeneratedrevenuesofapproximately10.49billionU.S.dollars,upfrom9.63billionthepreviousyear.
ReadmoreNote(s):UnitedStates;2007to2023;fiscalyearsendonthelastSundayinMaySource(s):DardenRestaurantsBreakdownofthecostofsalesatDardenRestaurantsfrom2007to2023(inbillionU.S.dollars)CostofsalesbreakdownatDardenRestaurants2007-2023FoodandbeverageRestaurantlaborRestaurantexpenses9.08.07.06.05.04.03.02.01.00.01.71.583.111.482.771.421.271.482.681.132.313.351.342.281.121.161.022.121.082.020.981.890.831.810.851.682.610.791.60.741.532.142.192.273.362.942.412.22.32.2422.092.042.072.071.891.741.621.551.391.282007200820092010201120122013201420152016201720182019202020212022202318Description:ThisstatisticshowsthebreakdownofthecostofsalesatDardenRestaurantsfrom2007to2023.Inthefiscalyear2023,foodandbeveragecostsamountedtoapproximately3.36billionU.S.dollars.DardenRestaurantsisamulti-brandrestaurantoperator.SomeofthecasualdiningrestaurantchainsownedandoperatedbyDardenincludeOliveGarden,LonghornSteakhouse,TheCapitalGrille,BahamaBreezeIslandGrille,andSeasons52.
ReadmoreNote(s):UnitedStates;2007to2023;fiscalyearsendonthelastSundayinMaySource(s):DardenRestaurantsOperatingincomeofDardenRestaurantsfrom2007to2023(inmillionU.S.dollars)OperatingincomeofDardenRestaurants2007-20231,2001,0008001,120.51,093.5782.3637.3605.7576.56004002000530.8514.7512.5449.7355.1341.1274.7274174.62014175.32015-200-400-16120072008200920102011201220132016201720182019202020212022202319Description:Inthefiscalyear2023,Dardenreportedanincomeof1.12billionU.S.dollars.DardenRestaurantsisamulti-brandrestaurantoperator.SomeofthecasualdiningrestaurantchainsownedandoperatedbyDardenincludeOliveGarden,LonghornSteakhouse,TheCapitalGrille,BahamaBreeze,andSeasons52.ReadmoreNote(s):UnitedStates;2007to2023;fiscalyearsendonthelastSundayinMaySource(s):DardenRestaurantsIncomeofDardenRestaurantsfrom2007to2023(inmillionU.S.dollars)IncomeofDardenRestaurants2007-20231,200981.9952.81,0008006004002000709.5713.4629.3596476.3475.5479.1411.9404.5377.2372.2375286.22014201.42007-52.42020-2002008200920102011201220132015201620172018201920212022202320Description:Inthefiscalyear2023,DardenRestaurantsreportedanetgainofapproximately981.9millionU.S.dollars.DardenRestaurantsisamulti-brandrestaurantoperator.ThecasualdiningrestaurantchainsownedandoperatedbyDardenareOliveGarden,LonghornSteakhouse,TheCapitalGrille,BahamaBreezeIslandGrille,andSeasons52.ReadmoreNote(s):UnitedStates;2007to2023;fiscalyearsendonthelastSundayinMaySource(s):DardenRestaurantsTotalassetsofDardenRestaurantsfrom2007to2023(inbillionU.S.dollars)TotalassetsofDardenRestaurants2007-20231210810.6510.2410.139.956.926.965.935.895.8465.455.475.285.295.064.764.424202.912007200820092010201120122013201420152016201720182019202020212022202321Description:Inthefiscalyear2023,DardenRestaurants'totalassetsamountedtoapproximately10.24billionU.S.dollars.DardenRestaurantsisamulti-brandrestaurantoperator.SomeofthecasualdiningrestaurantchainsownedandoperatedbyDardenincludeOliveGarden,LonghornSteakhouse,TheCapitalGrille,BahamaBreezeIslandGrille,andSeasons52.ReadmoreNote(s):UnitedStates;2007to2023;fiscalyearsendonthelastSundayinMaySource(s):DardenRestaurantsNumberofDardenRestaurantsestablishmentsfrom2010to2023NumberofDardenRestaurantsestablishments2010-20232,5001,9142,0001,5001,0005001,8671,8341,8041,7851,7461,6951,5341,5361,5011,4311,2891,1961,13002010201120122013201420152016201720182019202020212022202322Description:Inthefiscalyear2023,thenumberofDardenRestaurantsestablishmentsamountedto1,914.DardenRestaurantsisamulti-brandrestaurantoperator.ThecasualdiningrestaurantchainsownedandoperatedbyDardenareOliveGarden,LonghornSteakhouse,TheCapitalGrille,BahamaBreezeIslandGrille,andSeasons52.ReadmoreNote(s):Canada,UnitedStates;2010to2023;fiscalyearsendonthelastSundayinMaySource(s):DardenRestaurantsCHAPTER
04BrandawarenessRestaurantandmarketingexpensesofLongHornSteakhouseintheUnitedStatesfrom2016to2023(inmillionU.S.dollars)LongHornSteakhouse'srestaurantandmarketingexpensesintheU.S.2016-20232,5002,0002,181.41,955.91,486.31,486.91,439.21,5001,00050001,402.11,341.31,312.42016201720182019202020212022202324Description:ThisstatisticshowstherestaurantandmarketingexpensesofLongHornSteakhouseintheUnitedStatesfrom2016to2023.In2023,LongHornSteakhouse'srestaurantandmarketingexpensesreachedapproximately2.18billionU.S.dollars,upfromnearly1.96billionU.S.dollarsin2022.ReadmoreNote(s):NorthAmerica,UnitedStates;2016to2023;fiscalyearsendonthelastSundayinMaySource(s):DardenRestaurantsAmericanCustomerSatisfactionIndexscoresforleadingfullservicerestaurantsintheUnitedStatesin2023,byrestaurantbrandAmericanCustomerSatisfactionIndex:FSRsintheU.S.2023,bybrandACSIscore0102030405060708090OutbackSteakhouseCrackerBarrel8382LongHornSteakhouse(Darden)TexasRoadhouseAverage828
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