LongHorn's President Sold Darden Stock After a 9.5% Sales Jump. Here's What to Know

Laura B. Williamson, president of LongHorn Steakhouse (a Darden Restaurants brand), sold 1,553 shares of Darden stock for $317,557, despite her brand's strong 9.5% comparable sales growth last quarter. This transaction is notable given LongHorn's outperformance within Darden's portfolio, even as the brand faces challenges with rising beef inflation. Williamson still retains a significant direct and indirect stake in the company.