 Dear Reader, The stock market just entered a highly dangerous new phase – which is going to have dramatic consequences for your money this summer. The signs are everywhere: SpaceX just went public. OpenAI and Anthropic will likely follow it. If you're thinking of buying into any of these IPOs... PLEASE DON'T. They're likely to be disasters – the most overhyped, overvalued large-cap stocks of all time, foisted on gullible investors by Wall Street insiders. At the same time, the President and his family are openly picking winners in the stock market... while a 24-year-old just founded his own hedge fund and made $5 billion in less than a year. But it's what's coming NEXT that I'm most worried about. I've spent 30 years on Wall Street. I have my MBA from Harvard and spend my time in correspondence with billionaires like Warren Buffett and Bill Ackman. I've forecast the collapse of dozens of stocks. But what I see happening today scares me – as a former money manager, as a father, and as an American. Because our country is headed toward an economic event unlike anything we've seen in over 100 years. Perhaps you see the signs too. Or maybe you just feel it – that creeping, nagging doubt that tells you something is dangerously wrong in our country. If that's you, I'd urge you... listen to your gut. If you care about your wealth, your family, and your future, you need to understand what's really coming. I've put together a free analysis explaining exactly what I see, and the specific steps I recommend you take with your money today. I strongly encourage you to check it out here. Regards, Whitney Tilson
Editor, Stansberry Investment Advisory Former Hedge Fund Manager
Co-Founder, Teach for America
Harvard MBA P.S. What's happening today will reset the financial system in a way most of us can't imagine. If I'm even half-right, it's going to have a huge impact on your money and your future. Get the details here...
Exclusive Article
Darden Restaurants Just Hit a 52-Week High–Is the Olive Garden Comeback Story Legit?By Jessica Mitacek. First Published: 8/22/2026. 
Key Points
- Darden Restaurants, owner of Olive Garden and LongHorn Steakhouse among other brands, has outpaced the consumer discretionary sector and reached a 52-week high in 2026.
- Strong brand-specific gains helped push Darden's fiscal 2026 total sales past $13 billion for the first time.
- Meanwhile, competitors Domino's and Chipotle struggled with weak sales growth and falling share prices.
- Special Report: Everyone else burns coal. This company cashes it in
It has been a challenging year for the consumer discretionary sector, which has lagged the broader S&P 500 in 2026. But sectors are not monolithic, and one company operating in that corner of the market has not only outperformed the index in 2026 but recently hit its 52-week high.
Darden Restaurants (NYSE: DRI), the multibrand, full-service restaurant company that owns and operates Olive Garden, LongHorn Steakhouse, Cheddar’s Scratch Kitchen, Yard House, Ruth’s Chris Steak House, The Capital Grille and Seasons 52—among others—is outperforming much of the sector. But the company’s success this year is also providing clues about the economy and the nuances within the restaurant services industry. Darden’s Evolution Has Underpinned Its SuccessThe Orlando-based company, whose portfolio is composed of casual and fine-dining businesses, has seen its stock rise more than 18% this year. Much of that gain has resulted from investments in its evolving brands. Olive Garden, for instance, has spent years modernizing and updating its brand image. It has invested heavily in first-party delivery options and online ordering platforms, improved kitchen productivity by adopting streamlined technology, and updated its menu to offer trendy, less conventional dishes and lighter fare. Olive Garden’s resurgence is not an isolated success. Darden’s Q4 2026 sales at LongHorn Steakhouse reached $1 billion for the first time, with same-restaurant sales increasing 9.5% year over year (YOY) and 7.2% for full-year 2026. And while many restaurants experienced dwindling foot traffic, Yard House—the chain of high-end sports bars offering an extensive menu of trendy fare and draft beers—has grown to 97 locations as of August 2026. With consumer sentiment remaining near record lows, Darden’s management team has focused on providing value-seeking diners with restaurants that deliver without feeling cheap. The results have been tangible. For fiscal year 2026, Darden’s total sales surpassed $13 billion for the first time. In Q4, revenue of $3.72 billion represented a 13.7% YOY increase, while earnings per share (EPS) growth was 37.1% YOY and free cash flow growth was 195.4% YOY. Olive Garden, LongHorn and Yard House all posted positive comparable sales for the fifth consecutive year. That success has fueled growth for the 88-year-old company. In his Q4 earnings call comments, CEO Rick Cardenas highlighted how Darden’s success has contributed to global expansion, with new international franchising partners in Canada, India and Spain opening their first locations. While Other Restaurants Suffer, Darden Is Bucking the TrendThe company’s successful 2026 was highlighted by a new share repurchase plan and strong 2027 guidance. In Q4, the company bought 700,000 shares of its common stock for $138 million, with the board authorizing a new $1.5 billion share repurchase program without an expiration date. Darden CFO Raj Vennam highlighted that the company has delivered 9% annualized adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) growth since 2019. He added that consistent cash generation provides “more than sufficient capacity” to fund the business’s core requirements each year, grow its dividend—which currently yields 2.92%, or $6.48 per share annually—and invest in new locations. Guidance for 2027 includes:
Sales in the range of $13.6 billion to $13.75 billion
Same-restaurant sales growth of 2.5% to 3.5%
Between 75 and 80 new restaurant openings
Total capital spending of $875 million
Diluted net earnings per share of $11.10 to $11.35
But the broader restaurant industry has not fared nearly as well. In fact, Darden’s success has been something of an exception. Cardenas acknowledged that during the company’s Q4 earnings call, stating that Darden offers “a collection of brands” that gives it reach across multiple dining occasions, guest demographics, price points, geographies and cuisine types. In turn, the company does not rely on a single brand or consumer segment, as many of its competitors do. That is particularly true of companies operating in the fast-food and fast-casual segments. For comparison, Grand View Research forecasts that the U.S. fast-food and quick-service restaurant market will grow at a compound annual rate of 3.4% from 2025 through 2030. That trend is already showing up at some chains. Domino’s (NASDAQ: DPZ) saw just 0.1% same-store sales growth when it reported Q2 results in late July. Its EPS miss was the third in a row and the fifth in seven quarters. Operating income grew just 2.6% in Q2. The stock is down more than 20% over the past year. Shares of Chipotle (NYSE: CMG) are down around 18% over the past year, and after years of double-digit revenue growth, the company has averaged just 6.42% over the past five quarters. Insider buying has dried up, with zero purchases over the past three years compared with nine sells. Meanwhile, analysts assign Darden a consensus Moderate Buy rating, current short interest is less than 6% of the float, and institutional owners have injected $6.76 billion into DRI over the past 12 months, compared with $2.41 billion in outflows.
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