Buying Yard House Stock
You can not independently buy Yard House shares, because it is not publicly traded. You can buy that from the parent company, Darden Restaurant. Darden Restaurant is a large chain store, and its stock is listed on the New York Stock Exchange. The trade is listed under the symbol DRI. You can buy Darden Shares via different online brokers.
Darden Restaurant Chain of Companies
Darden restaurant owns different chains of restaurants in its portfolio. When you buy stocks from Darden, you automatically gain ownership in all the restaurants listed under Darden’s chain. Here is a list of some of the companies under Darden and what they do.
LongHorn Steakhouse: LongHorn was acquired by Darden in the summer of 2007. LongHorn had been in existence since 1981, and they serve different meal varieties. They are a steak house, but they are not limited to only steaks. You can get chicken, ribs, fish, burgers, and pork chops. There are over 500 LongHorn Steakhouse outlets.
Olive Garden: Olive Garden is popular for its decent and cheap Italian meals. They have different Italian cuisines, and most of their dinner meals are below $20. If you want to have lunch, they have options below $10. There are some items that Olive Garden is popular for breadstick, soup, and salad. When Darden acquired Olive Garden, they had over 850 outlets.
The Capital Grille: This is another high-end restaurant acquired by Darden, and they have over 63 outlets scattered around the United States. After eating at Capital Grille, the average check range is $85. You can be certain of receiving top-notch services at a reasonable amount. Some of the menus available at Capital Grille are: crab cake, tuna, dried steaks, and salmon.
Bahama Breeze: This is a Caribbean-themed restaurant, they make Caribbean-styled cuisines, and they have an amazing variety of meal options you can select from. They make steaks, chicken, and seafood. When eating at Bahama Breeze, everyone would spend an average of $31 to get a decent meal. There are over 40 Bahama Breeze outlets in the United States.
Cheddar’s Scratch Kitchen: The acquisition of Cheddar’s scratch pulled through in 2017, and the restaurant recognizes customers as important to its growth and development. So, they try to ensure that all their meals taste like they were cooked in your home kitchen. Some of the popular menus that they have are grilled salmon, fried steak, baby back ribs, and pot pie.
Conclusion
Going by the details above, it is evident that you cannot buy only Yard House Stock, you can buy Darden shares, but keep in mind that when you do, you are also buying shares of all subsidiaries under Darden Restaurant. You should be careful when making your investment decision, you should not decide to invest in Darden because you love Yard House. Yard House is constantly growing, and they currently have over 80 outlets all over. Ensure you research the conglomerate and carry out any due diligence required before making any financial commitments.
Can I buy only Yard House Shares?
If you want to buy Yard House shares, you will have to buy that of the whole Darden conglomerate to own a part of the yard house. However, you need to be careful when making your investment decision. Buying Darden stock because you like Yard House is blind investing. You should carry out due diligence and make the required research before you make such commitments.
What is Darden Restaurant?
Darden restaurant is the parent company for Yard house and different subordinate restaurants under the conglomerate’s chain. It was established in 1968 and is based in Orlando, Florida. Darden owns and operates different restaurants in Canada and the United States. Currently, Darden owns 1,834 stores, with over 150,000 employees. Here is a breakdown of how the stores are owned among his subsidiaries. STORE OUTLETSOlive Garden 875Longhorn steakhouse533Cheddar’s Scratch Kitchen170Yard House 81Capital Grille63Seasons 5244Bahama Breeze42Eddie V26 TOTAL1,834
Are there any other subsidiaries under Darden?
Apart from Yard House and all the establishments mentioned earlier, there are more subsidiaries that Darden restaurant has acquired. There is the Seasons 52, Eddie V’s, and many more. When you buy Darden shares, you would be automatically buying shares from all these subsidiaries. So, carry out your research before making any commitment.
