This statistic shows the average annual sales of Olive Garden per restaurant in the United States from 2016 to 2024. In 2024, Olive Garden's average annual sales per restaurant reached approximately *** million U.S. dollars, up from *** million in 2023.

The total sales of Olive Garden in the United States experienced an overall increase from 2016 to 2024. In 2024, the company's sales reached approximately 5.07 billion U.S. dollars, up from 4.88 billion the previous year.

Italian cuisine, a perennial favorite among consumers, has powered the Italian restaurant industry to a healthy annualized growth rate of 3.5% over the five years to 2024. Favorable economic conditions and a climb in disposable income have assisted this recovery, particularly following a challenging year in 2020, where social distancing measures hit capacity. It's predicted that in 2024 alone, the industry will see a revenue growth of 1.7%, reaching $94.8 billion. The upward revenue trajectory can also be attributed to businesses adapting their menus to meet the changing dietary preferences of the health-conscious customer—gluten-free pizza and pasta have been game-changers. This adaptability, coupled with a willingness from consumers to splurge on premium dining experiences, has fueled growth. That's not to say the industry hasn't faced challenges. Despite a positive overall performance, revenue growth has been dampened thanks to non-Italian cuisine taking a larger slice of the restaurant pie and a trend of more consumers cooking at home. This, along with fluctuating purchase costs, has had a knock-on effect on profitability. This popular food industry shows potential for continued expansion as economic conditions stabilize and disposable income remains on an upward curve. While disposable income growth may slow, it will still propel industry performance further. It is expected that the next five years to 2039 will see a CAGR of 1.0%, pushing the industry's revenue to an impressive $99.7 billion as Italian cuisine continues to tempt the public's taste buds.

The full service restaurant in the United States with the highest sales in 2023 was Olive Garden, reaching a total of **** billion U.S. dollars. Second in the ranking was Texas Roadhouse, with **** billion U.S. dollars in sales.

Olive Garden was the leading full service Italian/pizza restaurant chain in the United States when it came to systemwide sales, accounting for approximately 5.15 billion U.S. dollars in 2024. Second in the ranking by a considerable margin was Carrabba's Italian Grill, with sales that reached 736 million U.S. dollars.

This statistic shows the revenue of casual dining restaurants in the United States from 2002 to 2014, with a forecast to 2020. In 2013, the revenue of the casual restaurant industry in the United States generated **** billion U.S. dollars.
Casual dining restaurants – additional information

Restaurants in the casual dining segment are generally defined as those which serve moderately priced food in an informal atmosphere. These restaurants usually provide table service, albeit to a lower standard than upscale restaurants. Since the year 2000, the revenue of casual restaurants in the United States has grown annually with the exclusion of 2009 when there was a *** percent drop. The industry is forecasted to increase by around ** billion U.S. dollars between 2014 and 2020, despite predicted negative growth in 2017.

According to a brand index ranking, which scored restaurants by consumers’ positive or negative perception of the brand, Olive Garden ranked the highest in the U.S. casual restaurant industry, followed by Panera Bread and Outback Steakhouse. Olive Garden is a subsidiary of Darden Restaurants Inc., which owns several other casual dining restaurant chains including LongHorn Steakhouse, The Capital Grille, Bahama Breeze, and the Yard House. In the 2016 fiscal year, the revenue of Darden Restaurants reached **** billion U.S. dollars, the highest revenue the company had seen since a peak of **** billion U.S. dollars in 2009.

In a 2015 ranking of full-service restaurant companies, Darden restaurants ranked third in terms of number of units in operation, with ***** restaurants. DineEquity ranked first with ***** units, more than double that of Darden. DineEquity is the umbrella company for the casual restaurant brands Applebee’s Grill & Bar and the International House of Pancakes (IHOP). The revenue of DineEquity has been in decline since 2008, reaching its apex in 2013 at *** million U.S. dollars. As of 2015, revenues had increased to *** million U.S. dollars, but this is still almost *** billion U.S. dollars less than the amount seen in 2008.

Olive Garden was the leading casual dining restaurant chain in the United States in 2021, with sales of approximately 4.18 billion U.S. dollars. Coming in second was Applebee's, accounting for sales of nearly 4.17 billion U.S. dollars.

The full service restaurant in the United States with the highest sales in 2024 was Texas Roadhouse, reaching a total of 5.49 billion U.S. dollars. Second in the ranking was Olive Garden, with 5.15 billion U.S. dollars in sales.

Olive Garden was the leading full service Italian/pizza restaurant chain in the United States when it came to systemwide sales, accounting for approximately 5.11 billion U.S. dollars in 2023. Second in the ranking by a considerable margin was Carrabba's Italian Grill with sales that reached 770 million U.S. dollars.

Olive Garden had the most establishments of any full service Italian and pizza restaurant chain in the United States in 2023, with 908 units. Carrabba's Italian Grill came second in the ranking with 217 units.