Latest news with #Chuy's
Yahoo
8 hours ago
- Business
- Yahoo
Darden Restaurants Stock Hits All-Time High on Strong Olive Garden Sales
Improved same-restaurant sales and more locations helped Darden Restaurants exceed profit forecasts. The operator of the Olive Garden, LongHorn Steakhouse, and other chains benefited from the acquisition of Chuy's Tex Mex restaurants last year. Darden also announced an up to $1.0 billion stock of Darden Restaurants (DRI) traded at an all-time high Friday as the restaurant chain operator beat earnings and revenue estimates and announced a new stock buyback as it got a boost from same-restaurant sales and growth in the number of locations. The owner of chains including Olive Garden, LongHorn Steakhouse, and Ruth's Chris Steak House posted fiscal 2025 fourth-quarter adjusted earnings per share (EPS) of $2.98, with revenue up 11% year-over-year to $3.27 billion. Both narrowly exceeded Visible Alpha forecasts. Same-store sales climbed 4.6%, led by a 6.9% rise at Olive Garden and 6.7% gain at LongHorn Steakhouse. All were above expecation. Darden added 25 net new restaurants in the quarter, plus it gained 103 Chuy's Tex Mex locations after its purchase of the chain last July. Revenue from Olive Garden increased more than 8% to $1.38 billion. It was 9% higher to $833.8 million at LongHorn Steakhouse, and grew more than 2% to $334.6 million at what it calls "Fine Dining" chains, which includes Ruth's Chris. Thanks to the Chuy's contribution, "Other Business" revenue jumped 22% to $722.3 million. Along with the financial report, Darden said the board authorized a new share repurchase program of up to $1.0 billion. Including a 2% rise to about $227 in recent trading Friday, Darden Restaurant shares have gained more than 20% so far this year. They hit a record $228.27 earlier in the session. Read the original article on Investopedia Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
12 hours ago
- Business
- Yahoo
Darden Restaurants Reports Fiscal 2025 Fourth Quarter and Full Year Results; Increases Quarterly Dividend; Authorizes New $1 Billion Share Repurchase Program; And Provides Fiscal 2026 Outlook
ORLANDO, Fla., June 20, 2025 /PRNewswire/ -- Darden Restaurants, Inc. (NYSE:DRI) today reported its financial results for the fourth quarter and fiscal year ended May 25, 2025. Fourth Quarter 2025 Financial Highlights Total sales increased 10.6% to $3.3 billion driven by a blended same-restaurant sales1 increase of 4.6% and sales from the acquisition of 103 Chuy's Tex Mex (Chuy's) restaurants and 25 net new restaurants Same-restaurant sales:Consolidated Darden1 4.6 %Olive Garden 6.9 %LongHorn Steakhouse 6.7 %Fine Dining (3.3) %Other Business1 1.2 % Reported diluted net earnings per share from continuing operations were $2.58 Excluding $0.40 of Chuy's transaction and integration related costs and costs from restaurant closures, adjusted diluted net earnings per share from continuing operations were $2.98, an increase of 12.5%3 The Company repurchased $51 million of its outstanding common stock Fiscal 2025 Financial Highlights Total sales increased 6.0% to $12.1 billion driven by a blended same-restaurant sales1, 2 increase of 2.0% and sales from the acquisition of 103 Chuy's restaurants and 25 net new restaurants Same-restaurant sales:Consolidated Darden1, 2 2.0 %Olive Garden 1.7 %LongHorn Steakhouse 5.1 %Fine Dining2 (3.0) %Other Business1 0.2 % Reported diluted net earnings per share from continuing operations were $8.88 Excluding $0.67 of Chuy's transaction and integration related costs and costs from restaurant closures, adjusted diluted net earnings per share from continuing operations were $9.55, an increase of 7.5%3 "We had a strong quarter with same-restaurant sales and earnings growth that exceeded our expectations," said Darden President & CEO Rick Cardenas. "Our adherence to our winning strategy, anchored in our four competitive advantages and being brilliant with the basics, led to a successful year. Our strategy remains the right one for the company, and we will continue to execute it to drive growth and long-term shareholder value." 1 Will not include Chuy's until they have been owned and operated by Darden for a 16-month period (Q4 Fiscal 2026) 2 Does not include Ruth's Chris as they were not owned and operated by Darden for a 16-month period at the beginning of Fiscal 2025 3 See the "Non-GAAP Information" below for more details Segment PerformanceDuring the fourth quarter of fiscal 2025, the Company changed its reporting of segment profit to exclude pre-opening costs. Fiscal 2024 figures were recast for comparability. Segment profit represents sales, less costs for food and beverage, restaurant labor, restaurant expenses and marketing expenses. Segment profit excludes non-cash real estate related expenses. Sales and profits from Chuy's restaurants are included within the Other Business segment from the date of acquisition forward. Q4 SalesQ4 Segment Profit ($ in millions)2025202420252024 Consolidated Darden$3,271.7$2,957.3 Olive Garden$1,381.0$1,277.5$328.4$291.4 LongHorn Steakhouse$833.8$762.7$167.8$147.2 Fine Dining$334.6$327.1$62.9$64.6 Other Business$722.3$590.0$126.3$102.5Annual SalesAnnual Segment Profit ($ in millions)2025202420252024 Consolidated Darden$12,076.7$11,390.0 Olive Garden$5,212.9$5,067.0$1,163.9$1,117.4 LongHorn Steakhouse$3,025.5$2,806.2$582.7$516.8 Fine Dining$1,304.8$1,291.5$242.5$245.0 Other Business$2,533.5$2,225.3$397.4$340.3 Dividend DeclaredDarden's Board of Directors declared a quarterly cash dividend of $1.50 per share on the Company's outstanding common stock, a 7.1% increase from third quarter fiscal 2025. The dividend is payable on August 1, 2025 to shareholders of record at the close of business on July 10, 2025. Share Repurchase ProgramDuring the quarter, the Company repurchased approximately 0.2 million shares of its common stock for a total of $51 million. In addition, on Wednesday, June 18, 2025, Darden's Board of Directors authorized a new share repurchase program under which the Company may repurchase up to $1 billion of its outstanding common stock. This repurchase program does not have an expiration and replaces the previously existing share repurchase authorization. "Our long-term framework calls for 10-15% Total Shareholder Return over time," said Darden CFO Raj Vennam. "Over our 30-year history as a public company, Darden has achieved an annualized total shareholder return of 10% or greater over any 10 fiscal-year period. This level of performance reflects the strength of our operating model and the durability of the cash flows it generates." Fiscal 2026 Financial OutlookBelow is the full year financial outlook for fiscal 2026, which includes a 53rd week. This outlook includes the impact of the additional week. We will provide more details during our investor conference call scheduled for this morning at 8:30 am ET. Total sales growth of 7% to 8%, including approximately 2% growth related to the 53rd week Same-restaurant sales4 growth of 2% to 3.5% New restaurant openings of 60 to 65 Total capital spending of $700 to $750 million Total inflation of 2.5% to 3.0% An effective tax rate of approximately 13% Diluted net earnings per share from continuing operations of $10.50 to $10.70, including: Approximately $0.20 related to the addition of the 53rd week Approximately 117 million weighted average diluted shares outstanding 4 Annual same-restaurant sales is a 52-week metric and excludes the impact of Chuy's, which will not have been owned and operated by Darden for a 16-month period prior to the beginning of Fiscal 2026, as well as any additional locations not expected to be operated by Darden for the entirety of the fiscal year. Annual Meeting of ShareholdersDarden will hold its Annual Meeting of Shareholders on September 17, 2025. The meeting will be held in a virtual format only. The record date for shareholders to vote in the Annual Meeting is July 23, 2025. Investor Conference CallThe Company will host a conference call and slide presentation on Friday, June 20, 2025 at 8:30 am ET to review its recent financial performance. To listen to the call live, please go to Please allow extra time prior to the call to visit the site and download any software required to listen to the webcast. Prior to the call, a slide presentation will be posted on the Investor Relations section of our website at: For those who cannot access the Internet, please dial 1-877-407-9219. For those who cannot listen to the live broadcast, a replay will be available shortly after the call. About DardenDarden is a restaurant company featuring a portfolio of differentiated brands that include Olive Garden, LongHorn Steakhouse, Yard House, Ruth's Chris Steak House, Cheddar's Scratch Kitchen, The Capital Grille, Chuy's, Seasons 52, Eddie V's and Bahama Breeze. For more information, please visit Information About Forward-Looking StatementsForward-looking statements in this communication regarding our expected earnings performance and all other statements that are not historical facts, including without limitation statements concerning our future economic performance, are made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. Any forward-looking statements speak only as of the date on which such statements are first made, and we undertake no obligation to update such statements to reflect events or circumstances arising after such date. We wish to caution investors not to place undue reliance on any such forward-looking statements. By their nature, forward-looking statements involve risks and uncertainties that could cause actual results to materially differ from those anticipated in the statements. The most significant of these uncertainties are described in Darden's Form 10-K, Form 10-Q and Form 8-K reports. These risks and uncertainties include: a failure to address cost pressures and a failure to effectively deliver cost management activities, economic factors and their impacts on the restaurant industry and general macroeconomic factors including unemployment, energy prices, tariffs and interest rates, the inability to hire, train, reward and retain restaurant team members, a failure to develop and recruit effective leaders, labor and insurance costs, health concerns including food-related pandemics or outbreaks of flu or other viruses, food safety and food-borne illness concerns, technology failures including failure to maintain a secure cyber network, compliance with privacy and data protection laws and risks of failures or breaches of our data protection systems, the inability to successfully complete our integration of Chuy's Holdings operations into our business, risks relating to public policy changes and federal, state and local regulation of our business, intense competition, changing consumer preferences, an inability or failure to manage the accelerated impact of social media, a failure to execute innovative marketing and guest relationship tactics, climate change, adverse weather conditions and natural disasters, long-term and non-cancelable property leases, failure to execute a business continuity plan following a disaster, shortages or interruptions in the delivery of food and other products and services, failure to drive profitable sales growth, a lack of availability of suitable locations for new restaurants, higher-than-anticipated costs to open, close, relocate or remodel restaurants, risks of doing business with franchisees, licensees and vendors in foreign markets, volatility in the market value of derivatives, volatility leading to the inability to hedge equity compensation market exposure, failure to protect our intellectual property, environmental, social and governance risk, including disclosure expectations and the impacts of third party ratings, litigation, unfavorable publicity, disruptions in the financial markets, impairment in the carrying value of our goodwill or other intangible assets, changes in tax laws or unanticipated tax liabilities, failure of our internal controls over financial reporting and other factors and uncertainties discussed from time to time in reports filed by Darden with the Securities and Exchange Commission. Non-GAAP InformationThe information in this press release includes financial information determined by methods other than in accordance with U.S. generally accepted accounting principles ("GAAP"), such as adjusted diluted net earnings per share from continuing operations. The Company's management uses these non-GAAP measures in its analysis of the Company's performance. The Company believes that the presentation of certain non-GAAP measures provides useful supplemental information that is essential to a proper understanding of the operating results of the Company's businesses. These non-GAAP disclosures should not be viewed as a substitute for operating results determined in accordance with GAAP, nor are they necessarily comparable to non-GAAP performance measures that may be presented by other companies. Reconciliations of these non-GAAP measures are included in this release. (Analysts) Courtney Aquilla, (407) 245-5054; (Media) Rich Jeffers, (407) 245-4189 Fiscal Q4 Reported to Adjusted Earnings ReconciliationQ4 2025Q4 2024 $ in millions, except per share amounts Earnings Before Income Tax Income Tax Expense Net Earnings Diluted Net Earnings Per ShareEarnings Before Income Tax Income Tax Expense Net Earnings Diluted Net Earnings Per Share Reported Earnings from Continuing Operations $ 336.5 $ 32.5 $ 304.0 $ 2.58$ 360.0 $ 50.0 $ 310.0 $ 2.58 % Change vs Prior Year— %Adjustments:Transaction and integration related costs5 7.0 2.1 4.9 0.047.4 (0.8) 8.2 0.07 Impairment on restaurant disposition6 47.7 11.9 35.8 0.30Restaurant closing costs7 9.2 2.3 6.9 0.06Adjusted Earnings from Continuing Operations $ 400.4 $ 48.8 $ 351.6 $ 2.98$ 367.4 $ 49.2 $ 318.2 $ 2.65 % Change vs Prior Year12.5 % Fiscal YTD Reported to Adjusted Earnings Reconciliation20252024 $ in millions, except per share amounts Earnings Before Income Tax Income Tax Expense Net Earnings Diluted Net Earnings Per ShareEarnings Before Income Tax Income Tax Expense Net Earnings Diluted Net Earnings Per Share Reported Earnings from Continuing Operations $ 1,187.2 $ 136.2 $ 1,051.0 $ 8.88$ 1,175.5 $ 145.0 $ 1,030.5 $ 8.53 % Change vs Prior Year4.1 %Adjustments:Transaction and integration related costs5 44.6 7.9 36.7 0.3151.8 9.7 42.1 0.35 Impairment on restaurant disposition6 47.7 11.9 35.8 0.30Restaurant closing costs7 9.2 2.3 6.9 0.06Adjusted Earnings from Continuing Operations $ 1,288.7 $ 158.3 $ 1,130.4 $ 9.55$ 1,227.3 $ 154.7 $ 1,072.6 $ 8.88 % Change vs Prior Year7.5 % 5 In Fiscal 2025, Chuy's associated costs. In Fiscal 2024, Ruth's Chris associated costs. 6 Fiscal 2025 non-cash asset impairment charges related to 22 underperforming restaurants that were permanently closed during the fourth quarter. 7 Includes cash expenses of approximately $8 million for severance and benefits related to 22 underperforming restaurants that were permanently closed during the fourth quarter. DARDEN RESTAURANTS, INC. NUMBER OF COMPANY-OWNED RESTAURANTS 5/25/25 5/26/24 Olive Garden 935 920 LongHorn Steakhouse 591 575 Cheddar's Scratch Kitchen 181 181 Chuy's 108 — Yard House 88 88 Ruth's Chris 82 80 The Capital Grille 71 66 Seasons 52 43 44 Eddie V's 29 30 Bahama Breeze 28 43 The Capital Burger 3 4 Darden Continuing Operations 2,159 2,031 DARDEN RESTAURANTS, INC. CONSOLIDATED STATEMENTS OF EARNINGS (In millions, except per share data) (Unaudited) Three Months EndedTwelve Months Ended5/25/20255/26/20245/25/20255/26/2024 Sales $ 3,271.7$ 2,957.3$ 12,076.7$ 11,390.0 Costs and expenses:Food and beverage 983.9906.93,657.03,523.9 Restaurant labor 1,022.0926.03,833.13,619.3 Restaurant expenses 517.1462.71,944.01,812.3 Marketing expenses 41.037.3169.9144.5 Pre-opening costs 8.75.024.824.3 General and administrative expenses 133.1102.9520.3479.2 Depreciation and amortization 135.0119.7516.1459.9 Impairments and disposal of assets, net 48.11.449.212.4 Total operating costs and expenses $ 2,888.9$ 2,561.9$ 10,714.4$ 10,075.8 Operating income 382.8395.41,362.31,314.2 Interest, net 46.335.4175.1138.7 Earnings before income taxes 336.5360.01,187.21,175.5 Income tax expense 32.550.0136.2145.0 Earnings from continuing operations $ 304.0$ 310.0$ 1,051.0$ 1,030.5 Losses from discontinued operations, net of tax benefit of $0.1, $0.7, $0.8 and $1.7, respectively (0.2)(1.9)(1.4)(2.9) Net earnings $ 303.8$ 308.1$ 1,049.6$ 1,027.6 Basic net earnings per share:Earnings from continuing operations $ 2.60$ 2.60$ 8.94$ 8.59 Losses from discontinued operations (0.01)(0.02)(0.01)(0.02) Net earnings $ 2.59$ 2.58$ 8.93$ 8.57 Diluted net earnings per share:Earnings from continuing operations $ 2.58$ 2.58$ 8.88$ 8.53 Losses from discontinued operations —(0.01)(0.02)(0.02) Net earnings $ 2.58$ 2.57$ 8.86$ 8.51 Average number of common shares outstanding:Basic 117.1119.2117.5119.9 Diluted 117.9120.1118.4120.8 DARDEN RESTAURANTS, INC. CONSOLIDATED BALANCE SHEETS (In millions) 5/25/20255/26/2024(Unaudited) ASSETSCurrent assets:Cash and cash equivalents $ 240.0$ 194.8 Receivables, net 93.879.1 Inventories 311.6290.5 Prepaid income taxes 135.6121.7 Prepaid expenses and other current assets 156.7136.7 Total current assets $ 937.7$ 822.8 Land, buildings and equipment, net 4,716.04,184.3 Operating lease right-of-use assets 3,555.93,429.3 Goodwill 1,659.41,391.0 Trademarks 1,346.41,148.0 Other assets 371.6347.6 Total assets $ 12,587.0$ 11,323.0 LIABILITIES AND STOCKHOLDERS' EQUITYCurrent liabilities:Accounts payable $ 439.6$ 399.5 Short-term debt —86.8 Accrued payroll 207.5190.1 Accrued income taxes 4.76.1 Other accrued taxes 83.071.0 Unearned revenues 599.4591.8 Other current liabilities 913.3847.2 Total current liabilities $ 2,247.5$ 2,192.5 Long-term debt 2,128.91,370.4 Deferred income taxes 278.8232.0 Operating lease liabilities - non-current 3,816.93,704.7 Other liabilities 1,803.61,580.9 Total liabilities $ 10,275.7$ 9,080.5 Stockholders' equity:Common stock and surplus $ 2,295.6$ 2,252.4 Retained earnings (deficit) (16.1)(35.5) Accumulated other comprehensive income 31.825.6 Total stockholders' equity $ 2,311.3$ 2,242.5 Total liabilities and stockholders' equity $ 12,587.0$ 11,323.0 DARDEN RESTAURANTS, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS (In millions) (Unaudited) Twelve Months Ended5/25/20255/26/2024 Cash flows—operating activitiesNet earnings $ 1,049.6$ 1,027.6 Losses from discontinued operations, net of tax 1.42.9 Adjustments to reconcile net earnings from continuing operations to cash flows:Depreciation and amortization 516.1459.9 Impairments and disposal of assets, net 49.212.4 Stock-based compensation expense 79.168.5 Change in current assets and liabilities and other, net 11.650.4 Net cash provided by operating activities of continuing operations $ 1,707.0$ 1,621.7 Cash flows—investing activitiesPurchases of land, buildings and equipment (644.6)(601.2) Proceeds from disposal of land, buildings and equipment 2.53.3 Cash used in business acquisitions, net of cash acquired (613.7)(701.1) Purchases of capitalized software and changes in other assets, net (22.5)(25.6) Net cash used in investing activities of continuing operations $ (1,278.3)$ (1,324.6) Cash flows—financing activitiesNet proceeds from issuance of common stock 55.643.6 Dividends paid (658.5)(628.4) Repurchases of common stock (418.2)(453.9) (Repayment of) proceeds from short-term debt, net (86.8)86.8 Proceeds from issuance of long-term debt, net 750.0500.0 Principal payments on finance leases, net (21.0)(19.9) Payments of debt issuance costs (6.9)(11.6) Net cash used in financing activities of continuing operations $ (385.8)$ (483.4) Cash flows—discontinued operationsNet cash used in operating activities of discontinued operations (8.5)(9.8) Net cash used in discontinued operations $ (8.5)$ (9.8) Increase (decrease) in cash, cash equivalents, and restricted cash 34.4(196.1) Cash, cash equivalents, and restricted cash - beginning of period 220.1416.2 Cash, cash equivalents, and restricted cash - end of period $ 254.5$ 220.1Reconciliation of cash, cash equivalents, and restricted cash: 5/25/20255/26/2024 Cash and cash equivalents $ 240.0$ 194.8 Restricted cash included in prepaid expenses and other current assets 14.525.3 Total cash, cash equivalents, and restricted cash shown in the statement of cash flows $ 254.5$ 220.1 View original content: SOURCE Darden Restaurants, Inc.: Financial
Forbes
3 days ago
- Business
- Forbes
Can Darden Restaurants Deliver In Its Next Earnings?
AUSTIN, TEXAS - DECEMBER 19: The exterior of a LongHorn Steakhouse restaurant is seen on December ... More 19, 2024 in Austin, Texas. (Photo by) Darden Restaurants (NYSE: DRI), a specialist in the full-service dining restaurant chain, is set to announce its fiscal fourth-quarter earnings (ending in May) on Friday, June 20, 2025, with analysts estimating earnings of $2.94 per share on $3.25 billion in revenue. This would indicate a 14% year-over-year increase in earnings and a 10% rise in sales compared to the previous year's figures of $2.58 per share and $2.96 billion in revenue. Historically, DRI stock has risen 55% of the time following earnings releases, with a median one-day increase of 5.8% and a maximum observed rise of 15%. The fiscal 2025 third quarter was characterized by significant financial achievements for Darden. Total sales increased by 6.2% to reach $3.2 billion, mainly driven by acquisitions and new restaurant openings. The purchase of Chuy's contributed positively to the brand portfolio, enhancing overall revenue. Same-restaurant sales improved by 0.7%, with LongHorn Steakhouse achieving a notable 2.6% increase. While Olive Garden experienced a modest growth of 0.6%, the Fine Dining sector saw a decline of 0.8%. For the entire year, Darden reaffirmed its revenue forecast of $12.1 billion and adjusted its earnings outlook from continuing operations to a range of $9.45 to $9.52 per share. The company boasts a current market capitalization of $25 billion. Over the past twelve months, its revenue stood at $12 billion, operating profit reached $1.4 billion, and net income totaled $1.1 billion. For event-driven traders, historical trends might provide a strategic advantage, whether by positioning before earnings or responding to movements after their release. If you are looking for an upside with less volatility compared to individual stocks, the Trefis High Quality portfolio offers a viable alternative, having outperformed the S&P 500 and delivered returns exceeding 91% since its inception. On a separate note, see – Should You Buy CRWV Stock After A Whopping 4x Rise? See earnings reaction history of all stocks. A few insights regarding one-day (1D) post-earnings returns: Additional information regarding the observed 5-Day (5D) and 21-Day (21D) returns following earnings can be found in the table summary below. DRI 1D, 5D, and 21D Post Earnings Return A strategy that carries relatively lower risk (although less effective with low correlation) is to analyze the correlation between short-term and medium-term returns following earnings, identify the pair with the strongest correlation, and initiate the relevant trade. For instance, if 1D and 5D exhibit the highest correlation, a trader could take a "long" position for the subsequent 5 days if the 1D post-earnings return is positive. Here is some correlation data derived from both a 5-year and a more recent 3-year history. Please note that the correlation 1D_5D represents the connection between 1D post-earnings returns and subsequent 5D returns. DRI Correlation Between 1D, 5D and 21D Historical Returns Discover more about Trefis RV strategy that has outperformed its all-cap stocks benchmark (a combination of all three: the S&P 500, S&P mid-cap, and Russell 2000), resulting in strong returns for investors.
Miami Herald
05-05-2025
- Entertainment
- Miami Herald
List of the Best Cinco de Mayo 2025 Food and Drink Specials
While many just celebrate Cinco de Mayo with tacos and margaritas, the day serves as a celebration of the day the Mexican army defeated French forces at the Battle of Puebla in 1862. However, many American restaurants take advantage of the holiday and offer major discounts on food and drinks. For those looking for the best deals, Newsweek has compiled a list of the top discounts and savings to help you celebrate the holiday. California Pizza Kitchen Pizza and Mexican food lovers alike can take advantage of California Pizza Kitchen's deal this Cinco de Mayo as customers can earn $5 margaritas and a free order of White Corn Guacamole + Chips from May 1 to May 5. For the margarita, you have a choice between the Fresh Agave Lime, Strawberry Lime, or Skinny & Spicy Rita options. To get the deal, just mention the chips and guacamole offer to your server. The offer is limited to one order per table. Chipotle The leader in fast casual Mexican food is allowing customers to celebrate Cinco de Mayo for five days. From May 1-5, customers will get free delivery if they use the code DELIVER on the app or website. You can also get a free order of chips and Queso Blanco if you order between May 3 and May 5 with the code CINCO25. On actual Cinco de Mayo, the restaurant chain is giving away 50,000 free burritos through an "Ingredient Quest" experience on Roblox. Chuy's Those who want to celebrate Cinco de Mayo at Chuy's can score a $6 regular of $9 grande signature House 'Rita. The restaurant is also offering $1 floaters, $5 queso bowls, and a $1 discount on Corona, Dos Equis and Modelo beers. Moe's Moe's Southwest Grill will give customers a free queso side with the purchase of any entree on May 5. Participating locations will also give the first 20 guests a chance to win a free Moe's T-shirt. TGI Friday's TGI Friday's is also getting in on the Cinco de Mayo action with a $5 happy hour or a $5 all-day menu, depending on the specific location. You can also order chips and salsa or chips and queso for just $5, and there's a $5 promotion on classic margaritas. Bubbakoo's Burritos Bubbakoo's Burritos, a popular Mexican-fusion restaurant, is offering a buy one, get one deal (BOGO) this Cinco de Mayo. Loyalty members will get the deal once they purchase a regular entree at full price. A coupon will automatically be delivered on May 6 to their loyalty account to redeem for a free entree from then through May 11. To be eligible to receive the deal, fans must be loyalty members of Bubbakoo's Burritos. In addition to the loyalty offering, all guests are able to use code CINCO10 to receive 10 percent off all catering orders. Paul Altero, co-founder of Bubbakoo's Burritos, said in a statement: "Cinco de Mayo is all about flavor and fun-and that's what Bubbakoo's is all about, too. It's our way of saying thanks and helping everyone celebrate with even more of the bold flavors they love. This holiday is the perfect time to turn up the flavor, and this is our way of adding a little extra excitement to the festivities." Chris Brandt, chief brand officer of Chipotle, said in a statement: "Our fans love to celebrate Cinco de Mayo with our real ingredients. This year, we're giving the Roblox community the opportunity to compete for free Chipotle and learn more about what makes our brand unique along the way." After Cinco de Mayo, several other unofficial food holidays are happening throughout the month of May. This includes International Hummus Day on May 13, National Chocolate Chip Day on May 15, and National Hamburger Day on May 28. Related Articles Which US Cities Canceled Cinco de Mayo Parades Amid Immigration CrackdownCinco de Mayo 2022: 11 Must-Try Tequilas, Mezcals and Canned MargaritasThe Patrón X JonBoy Margarita Collection Kit is Your Perfect Start to Summer#CincoAtHome - 9 Ways To Celebrate Cinco De Mayo While Still Keeping 6 Feet Apart 2025 NEWSWEEK DIGITAL LLC.
Newsweek
05-05-2025
- Entertainment
- Newsweek
List of the Best Cinco de Mayo 2025 Food and Drink Specials
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. While many just celebrate Cinco de Mayo with tacos and margaritas, the day serves as a celebration of the day the Mexican army defeated French forces at the Battle of Puebla in 1862. However, many American restaurants take advantage of the holiday and offer major discounts on food and drinks. For those looking for the best deals, Newsweek has compiled a list of the top discounts and savings to help you celebrate the holiday. California Pizza Kitchen Pizza and Mexican food lovers alike can take advantage of California Pizza Kitchen's deal this Cinco de Mayo as customers can earn $5 margaritas and a free order of White Corn Guacamole + Chips from May 1 to May 5. For the margarita, you have a choice between the Fresh Agave Lime, Strawberry Lime, or Skinny & Spicy Rita options. To get the deal, just mention the chips and guacamole offer to your server. The offer is limited to one order per table. Chipotle The leader in fast casual Mexican food is allowing customers to celebrate Cinco de Mayo for five days. From May 1-5, customers will get free delivery if they use the code DELIVER on the app or website. You can also get a free order of chips and Queso Blanco if you order between May 3 and May 5 with the code CINCO25. On actual Cinco de Mayo, the restaurant chain is giving away 50,000 free burritos through an "Ingredient Quest" experience on Roblox. Chuy's Those who want to celebrate Cinco de Mayo at Chuy's can score a $6 regular of $9 grande signature House 'Rita. The restaurant is also offering $1 floaters, $5 queso bowls, and a $1 discount on Corona, Dos Equis and Modelo beers. Moe's Moe's Southwest Grill will give customers a free queso side with the purchase of any entree on May 5. Participating locations will also give the first 20 guests a chance to win a free Moe's T-shirt. TGI Friday's TGI Friday's is also getting in on the Cinco de Mayo action with a $5 happy hour or a $5 all-day menu, depending on the specific location. You can also order chips and salsa or chips and queso for just $5, and there's a $5 promotion on classic margaritas. Bubbakoo's Burritos Bubbakoo's Burritos, a popular Mexican-fusion restaurant, is offering a buy one, get one deal (BOGO) this Cinco de Mayo. Loyalty members will get the deal once they purchase a regular entree at full price. A coupon will automatically be delivered on May 6 to their loyalty account to redeem for a free entree from then through May 11. To be eligible to receive the deal, fans must be loyalty members of Bubbakoo's Burritos. In addition to the loyalty offering, all guests are able to use code CINCO10 to receive 10 percent off all catering orders. What People Are Saying Paul Altero, co-founder of Bubbakoo's Burritos, said in a statement: "Cinco de Mayo is all about flavor and fun—and that's what Bubbakoo's is all about, too. It's our way of saying thanks and helping everyone celebrate with even more of the bold flavors they love. This holiday is the perfect time to turn up the flavor, and this is our way of adding a little extra excitement to the festivities." Chris Brandt, chief brand officer of Chipotle, said in a statement: "Our fans love to celebrate Cinco de Mayo with our real ingredients. This year, we're giving the Roblox community the opportunity to compete for free Chipotle and learn more about what makes our brand unique along the way." What Happens Next? After Cinco de Mayo, several other unofficial food holidays are happening throughout the month of May. This includes International Hummus Day on May 13, National Chocolate Chip Day on May 15, and National Hamburger Day on May 28.
