I spent $100 on dinner for 2 at LongHorn Steakhouse. I now understand why the chain is so successful.
Source: Business Insider ·
Longhorn Steakhouse is outperforming many other casual-dining chains. After visiting for the first time, I can see why.
From the source
LongHorn Steakhouse is outpacing many other casual-dining chains. After visiting for the first time, I can see why.Erin McDowell/Business InsiderI recently visited LongHorn Steakhouse as the chain reports positive sales growth this year.Many casual-dining chains are struggling, but LongHorn is performing surprisingly well.I thought the food was high quality and a great value for the cost.LongHorn Steakhouse is having a moment.While many casual-dining chains continue to struggle, LongHorn has posted some of the strongest sales growth in Darden Restaurants' portfolio.In the fiscal first quarter, which ended August 30, LongHorn same-store sales rose 6.2% from a year earlier, outpacing sister chain Olive Garden, whose same-store sales rose 1.1%. LongHorn's overall sales across all locations increased by nearly 11% to $861 million, making it Darden's fastest-growing major chain that quarter.During the company's earnings call, CFO Raj Vennam said LongHorn's first-quarter sales growth…