Shares of Brinker International, Darden Restaurants and Restaurant Brands International have risen about 32%, 18% and 12%, respectively, year to date, while stocks of several companies focused on a single chain have declined. Upcoming quarterly results will test whether diversification helps restaurant groups offset weakness at individual brands. At Darden, LongHorn Steakhouse’s comparable sales rose 6.2%, compared with 1.1% at Olive Garden, illustrating the advantage of a strong portfolio. At Restaurant Brands International, Burger King’s 8.5% increase in U.S. comparable sales offset a near-stall at Tim Hortons in Canada, where sales grew just 0.1%. The strategy can also benefit?
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