Darden Restaurants (DRI) News
Market Cap: $24.27B
Avg Volume: 1.23M
Industry: Restaurants
Sector: Consumer Cyclical
Olive Garden Parent Hits All-Time High as Market Rally Gathers Steam
Darden CEO Rick Cardenas emphasized the fact that changes in consumer sentiment aren't being reflected in consumer spending.
zacks.com
Read More
Darden Restaurants Olive Garden Growth Drive Optimism Amid Valuation Concerns: Analyst
Darden Restaurants Inc DRI reported its third-quarter earnings yesterday. Sales of $3.158 billion missed the consensus estimate.
benzinga.com
Read More
Darden Q3 Earnings Miss Estimates, Same-Store Sales Rise Y/Y
DRI's third-quarter fiscal 2025 top-line benefits from strong segmental contributions and new restaurant openings.
zacks.com
Read More
Darden: Still Growing, Still Holding
We maintain a hold rating on Darden Restaurants, Inc., viewing it as a house position for long-term wealth creation. Darden's fiscal Q3 2025 showed mixed results with a slight revenue miss but a one-penny EPS beat; comparable sales were up 0.7%. DRI continues to benefit from strong performance in LongHorn Steakhouse and Olive Garden, despite weaker fine dining and other business segments.
seekingalpha.com
Read More
Darden: Q3 Results Shake Off Recession Fears
Darden Restaurants, Inc.'s shares surged over 6% despite mixed quarterly results, with the stock now near a 52-week high, reflecting investor relief that results were not worse. The company reported $2.80 EPS, slightly beating estimates, and $3.16 billion in revenue, $60 million short, indicating modest consumer spending growth. Darden's strong cash generation, healthy balance sheet, and growth ambitions, including plans to open 60-65 new restaurants, underscore its confidence in consumer resilience.
seekingalpha.com
Read More
Darden Restaurants, Inc. (DRI) Q3 2025 Earnings Call Transcript
Darden Restaurants, Inc. (NYSE:DRI ) Q3 2025 Earnings Conference Call March 20, 2025 8:30 AM ET Company Participants Courtney Aquilla - Senior Director, Finance and Investor Relations Rick Cardenas - President and Chief Executive Officer Raj Vennam - Chief Financial Officer Conference Call Participants Jon Tower - Citi David Palmer - Evercore ISI Eric Gonzalez - KeyBanc Capital Markets Brian Bittner - Oppenheimer Sara Senatore - Bank of America Brian Harbour - Morgan Stanley Dennis Geiger - UBS David Tarantino - Baird Jeffrey Bernstein - Barclays Tyler Klaus - Stephens Lauren Silberman - Deutsche Bank Danilo Gargiulo - Bernstein Peter Saleh - BTIG Jeff Farmer - Gordon Haskett Patrick Johnson - Stifel Jon Ivankoe - JPMorgan Gregory Francfort - Guggenheim Partners Jim Sanderson - Northcoast Research Brian Vaccaro - Raymond James Christine Cho - Goldman Sachs Operator Greetings, and welcome to the Darden Restaurants, Inc. Q3 Fiscal Year 2025 Earnings Conference Call. At this time, all participants are in a listen only mode.
seekingalpha.com
Read More
Markets Await Leading Indicators Data
We had bounced off early-morning lows in today's pre-market trading, but it was very temporary and indexes look what looked like it may have been a hard turn lower. It's not: things are now pretty steadily in the red.
zacks.com
Read More
Olive Garden Parent Rallies Despite Mixed Quarter As Uber Deliveries Expand
Olive Garden parent Darden Restaurants matched profit views, but sales of $3.158 billion, up 6.2%, missed expectations for $3.214 billion. The post Olive Garden Parent Rallies Despite Mixed Quarter As Uber Deliveries Expand appeared first on Investor's Business Daily.
investors.com
Read More
Darden Restaurants (DRI) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
While the top- and bottom-line numbers for Darden Restaurants (DRI) give a sense of how the business performed in the quarter ended February 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
zacks.com
Read More
Darden: Q3 Sales Boosted by Openings
Full-service dining restaurant chain specialist Darden Restaurants (DRI 6.30%) reported mixed fiscal 2025 third-quarter earnings on Thursday, March 20. Revenue of $3.16 billion rose 6.2% year over year but fell short of analysts' consensus expectations of $3.21 billion.
fool.com
Read More
Darden Restaurants (DRI) Misses Q3 Earnings and Revenue Estimates
Darden Restaurants (DRI) came out with quarterly earnings of $2.80 per share, missing the Zacks Consensus Estimate of $2.81 per share. This compares to earnings of $2.62 per share a year ago.
zacks.com
Read More
Darden and Uber Continue Partnership with On-Demand Delivery Pilot at Cheddar's Scratch Kitchen
Cheddar's is the next Darden brand to test first-party delivery following the successful rollout at Olive Garden ORLANDO, Fla. and SAN FRANCISCO , March 20, 2025 /PRNewswire/ -- Darden Restaurants, Inc., (NYSE: DRI) and Uber Technologies, Inc. (NYSE: UBER) announced today that Cheddar's Scratch Kitchen is the next Darden brand to pilot on-demand delivery.
prnewswire.com
Read More
Darden Restaurants Q3 Sales Fall Short as Olive Garden, LongHorn Disappoint
Darden Restaurants (DRI) reported fiscal 2025 third-quarter adjusted profits in line with analysts' estimates but same-restaurant sales came up well short.
investopedia.com
Read More
Darden Restaurants 3Q Sales Boosted by New Locations
The owner of Olive Garden logged higher earnings and sales in its fiscal third quarter with the addition of over 100 Chuy's locations and other new restaurant openings.
wsj.com
Read More
Darden Restaurants sales disappoint as Olive Garden, LongHorn Steakhouse miss expectations
Darden Restaurants beat Wall Street's expectations for quarterly earnings, but its revenue fell short of estimates. Olive Garden and LongHorn Steakhouse reported weaker-than-expected same-store sales growth.
cnbc.com
Read More
Darden Restaurants Reports Fiscal 2025 Third Quarter Results; Declares Quarterly Dividend; And Updates Fiscal 2025 Financial Outlook
ORLANDO, Fla. , March 20, 2025 /PRNewswire/ -- Darden Restaurants, Inc. (NYSE:DRI) today reported its financial results for the third quarter ended February 23, 2025.
prnewswire.com
Read More
Top Wall Street Forecasters Revamp Darden Restaurants Price Expectations Ahead Of Q3 Earnings
Darden Restaurants, Inc. DRI will release its third-quarter financial results, before the opening bell, on Thursday, March 20.
benzinga.com
Read More
What's In Store For Darden This Earnings Season? Analyst Predicts Slight Miss In Same-store Sales
On Wednesday, Oppenheimer analyst Brian Bittner reiterated the Outperform rating on Darden Restaurants, Inc. DRI, with a price forecast of $218.
benzinga.com
Read More
Darden to Post Q3 Earnings: What's in Store for the Stock?
DRI's fiscal Q3 performance is likely to have gained from strong same-restaurant sales growth, strategic pricing actions and continued operational efficiencies.
zacks.com
Read More
Restaurant Stock Could Bounce Back Toward Record Highs
Darden Restaurants Inc (NYSE:DRI) stock was last seen up 0.9% to trade at $187.70, bouncing off a pullback to its lowest level since January after it hit a March 3, record high of $203.12.
schaeffersresearch.com
Read More
Ahead of Darden Restaurants (DRI) Q3 Earnings: Get Ready With Wall Street Estimates for Key Metrics
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Darden Restaurants (DRI), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended February 2025.
zacks.com
Read More
Darden Restaurants (DRI) Reports Next Week: Wall Street Expects Earnings Growth
Darden Restaurants (DRI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.com
Read More
Bet on These 5 Stocks With Robust Sales Growth for Exceptional Returns
Against heightened market volatility, the traditional stock picking method - sales growth - is apt. Stocks like DRI, MIDD, INTU, CFR & AEP are worth buying.
zacks.com
Read More
Is Darden Restaurants (DRI) Outperforming Other Retail-Wholesale Stocks This Year?
Here is how Darden Restaurants (DRI) and Hagerty, Inc. (HGTY) have performed compared to their sector so far this year.
zacks.com
Read More
Darden Restaurants to Host Fiscal 2025 Third Quarter Conference Call on March 20
ORLANDO, Fla. , Feb. 20, 2025 /PRNewswire/ -- Darden Restaurants, Inc., (NYSE: DRI) plans to release its fiscal 2025 third quarter financial results before the market opens on Thursday, March 20, 2025, with a conference call to follow at 8:30 am ET.
prnewswire.com
Read More
4 Stocks to Buy as Restaurant Sales Soar Amid Price Challenges
Stocks like EAT, KRUS, DRI and PBPB are poised to benefit from the surge in restaurant sales.
zacks.com
Read More
ETFs & Stocks to Gift Your Valentine This Year
Total spending would be $27.5 billion this year on Valentine's Day, per NRF. The amount is up from last year's $25.8 billion.
zacks.com
Read More
DRI or BROS: Which Is the Better Value Stock Right Now?
Investors interested in Retail - Restaurants stocks are likely familiar with Darden Restaurants (DRI) and Dutch Bros (BROS). But which of these two stocks is more attractive to value investors?
zacks.com
Read More
All You Need to Know About Darden Restaurants (DRI) Rating Upgrade to Buy
Darden Restaurants (DRI) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
zacks.com
Read More
Shake Shack, Darden, Yum! 'Top Picks' for 2025 Says Oppenheimer
Olive Garden, KFC, and Shake Shack look like particularly appetizing investments in 2025, according to Oppenheimer analysts.
investopedia.com
Read More
4 Strong Stock Charts For 2025 (Technical Analysis)
After analyzing weekly charts of all S&P 500 stocks, I found only 21 with “confidently optimistic” patterns, indicating a challenging market in 2025. My focus is on stocks with better odds of appreciating in 2025, not on beating the S&P 500 or achieving the highest returns. The four stocks I picked out from the crowd —Edwards Lifesciences, Jabil Inc., Kroger, and Darden Restaurants—show strong technical potential despite mixed fundamentals.
seekingalpha.com
Read More
DRI Stock Hits 52-Week High: Should You Buy Now or Wait for a Dip?
Darden's diversified portfolio, operational excellence and strategic initiatives propel it for growth.
zacks.com
Read More
Darden Restaurants: The Jewel Of FSRs Seems To Shine Brighter Now
Darden Restaurants: The Jewel Of FSRs Seems To Shine Brighter Now
seekingalpha.com
Read More
Darden Restaurants: Improved Outlook, But Valuation Don't Look Cheap (Rating Upgrade To Hold)
I upgrade Darden Restaurants (DRI) from sell to hold, recognizing its ability to thrive in a tough promotional environment and maintain strong margins. DRI's recent performance, including a revenue beat and expanded margins, demonstrates resilience and potential for revenue growth despite intense competition. Olive Garden's positive SSSG, LongHorn's loyal customer base, and the promising Uber Eats partnership are key growth drivers for DRI.
seekingalpha.com
Read More
Darden Restaurants: More Dollars On The Plate (Rating Upgrade)
Darden Restaurants reported a strong Q2, with a 15% stock surge driven by a $20M revenue beat and a $0.01 EPS beat. Key growth factors include the acquisition of 103 Chuy's restaurants and a 2.4% increase in same-restaurant sales, especially LongHorn Steakhouse's 10.4% YoY growth. Margins improved due to reduced food, beverage, and labor expenses, leading to a 70bps increase in restaurant-level EBITDA.
seekingalpha.com
Read More
Darden Restaurants' Diversified Portfolio And Uber Delivery Partnership Offer Confidence In Overcoming Fine Dining Challenges: Analysts
Darden Restaurants, Inc. DRI shares are trading relatively flat on Friday.
benzinga.com
Read More
S&P 500 Gains and Losses Today: Darden Restaurants Stock Sizzles After Sales Beat
Major U.S. equities indexes finished Thursday little changed after a sharp sell-off a day earlier.
investopedia.com
Read More
Darden Restaurants: What A Quarter
Darden Restaurants, Inc. has shown resilience with strong Q2 2025 results, surpassing revenue and earnings expectations, driving a justified rally in the stock. Comparable sales growth was led by LongHorn Steakhouse at 7.5%, while Olive Garden also performed well; fine dining saw a decline. DRI's strategic actions, including price adjustments and cost control, have been effective, supporting a positive outlook and continued stock holding.
seekingalpha.com
Read More
Darden Restaurant Sales Grow Despite Fine Dining Pullback
Darden Restaurants' sales climbed this quarter despite diners shying away from its fine-dining establishments. The company, owner of chains such as Olive Garden and LongHorn Steakhouse, released earnings Thursday (Dec. 19) that showed total sales increasing 6% to $2.9 billion.
pymnts.com
Read More
Darden Restaurants: Solid Q2 Results Reflected In Valuation (Downgrade)
Darden Restaurants, Inc.'s stock surged 14% after strong earnings, with shares up 28% since my last 'buy' rating, surpassing my $160 price target. Darden's revenue grew 6% to $2.9 billion, driven by same-restaurant sales, M&A, and margin recovery, with Olive Garden and LongHorn performing well. Updated guidance projects $12.1 billion in sales and $9.45-$9.65 EPS, and the stock is supported by a solid balance sheet, share repurchases, and a secure 3.5% dividend yield.
seekingalpha.com
Read More
Darden Restaurants Cooked Up an 18% Gain With Sizzling 2025 Guidance
Shares of Darden Restaurants (DRI 15.16%) soared to a new all-time high on Thursday morning following the release of robust second-quarter results. The restaurant operator's stock peaked at an overnight gain of 18.1% before backing down to a 15.5% uptick at 1:30 p.m.
fool.com
Read More
Darden Restaurants, Inc. (DRI) Q2 2025 Earnings Call Transcript
Darden Restaurants, Inc. (NYSE:DRI ) Q2 2025 Earnings Conference Call December 19, 2024 8:30 AM ET Company Participants Phil McClain - Vice President, Finance and Investor Relations Rick Cardenas - President and Chief Executive Officer Raj Vennam - Senior Vice President and Chief Financial Officer Conference Call Participants David Palmer - Evercore ISI Eric Gonzalez - KeyBanc Capital Markets Jim Salera - Stephens Peter Saleh - BTIG Jeffrey Bernstein - Barclays Sara Senatore - Bank of America Andrew Charles - TD Cowen Andrew Strelzick - BMO Capital Markets Brian Harbour - Morgan Stanley Lauren Silberman - Deutsche Bank Jon Tower - Citi Dennis Geiger - UBS Gregory Francfort - Guggenheim Danilo Gargiulo - Bernstein David Tarantino - Baird Rahul Krotthapalli - JPMorgan Jake Bartlett - Truist Securities Operator Greetings, and welcome to the Darden Restaurants, Inc. Q2 Fiscal Year 2025 Earnings Conference Call and Webcast. At this time, all participants are in a listen only mode.
seekingalpha.com
Read More
Darden Stock Surges as LongHorn Steakhouse Strength Powers Sales Growth
Shares of Darden Restaurants (DRI) surged 14% Thursday to lead S&P 500 gainers as the company's fiscal 2025 second-quarter sales and adjusted profit beat expectations on strong LongHorn Steakhouse results.
investopedia.com
Read More
Darden's Q2 Earnings Underperform Estimates, Revenues Top
DRI's second-quarter fiscal 2024 top line reflects benefits from the addition of 103 Chuy's restaurants and 39 net new restaurants.
zacks.com
Read More
Darden Restaurants (DRI) Reports Q2 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Darden Restaurants (DRI) give a sense of how the business performed in the quarter ended November 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
zacks.com
Read More
Earnings Movers: ACN A.I. Wins, DRI Beat & Raise, LEN Struggles
Today's top earnings movers highlight consumer trends seen in the markets. Lennar (LEN) continued to show a shaky foundation for homebuilders after reporting a miss.
youtube.com
Read More
Darden Restaurants (DRI) Q2 Earnings Miss Estimates
Darden Restaurants (DRI) came out with quarterly earnings of $2.03 per share, missing the Zacks Consensus Estimate of $2.05 per share. This compares to earnings of $1.84 per share a year ago.
zacks.com
Read More
LongHorn Steakhouse leads sales gains for Darden while fine dining retreats
America's taste for red meat over fine dining powered a healthy sales gain for LongHorn Steakhouse.
marketwatch.com
Read More
Darden Restaurants' sales rise 6%, fueled by Olive Garden and LongHorn Steakhouse
Darden Restaurants' quarterly earnings revenue was in line with analysts' expectations. The company's same-store sales rose 2.4% in its latest quarter.
cnbc.com
Read More
Darden Restaurants Reports Fiscal 2025 Second Quarter Results; Declares Quarterly Dividend; And Updates Fiscal 2025 Financial Outlook
ORLANDO, Fla. , Dec. 19, 2024 /PRNewswire/ -- Darden Restaurants, Inc. (NYSE:DRI) today reported its financial results for the second quarter ended November 24, 2024.
prnewswire.com
Read More
Darden Restaurants Visitor Growth Outpaces Industry: What's Ahead For Q2 Earnings?
Darden Restaurants, Inc. DRI is set to report its second-quarter results on Thursday before the opening bell. Here's a look at what to expect from the largest full-service restaurant operator in the country.
benzinga.com
Read More
Darden to Report Q2 Earnings: What's in Store for the Stock?
DRI's second-quarter fiscal 2025 performance is likely to have benefited from culinary innovation and strategic marketing initiatives.
zacks.com
Read More
What Analyst Projections for Key Metrics Reveal About Darden Restaurants (DRI) Q2 Earnings
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Darden Restaurants (DRI), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended November 2024.
zacks.com
Read More
Cramer's week ahead: Fed decision and earnings from General Mills, Darden and Nike
CNBC's Jim Cramer walked investors through next week's Federal Reserve meeting and big earnings from General Mills, Darden Restaurants, Nike and more. He also mentioned earnings from Micron, Lennar, FedEx and Carnival.
cnbc.com
Read More
Darden Restaurants (DRI) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Darden Restaurants (DRI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.com
Read More
DARDEN RESTAURANTS, INC. ANNOUNCES NEW BOARD MEMBER
ORLANDO, Fla. , Dec. 9, 2024 /PRNewswire/ -- Darden Restaurants, Inc. (NYSE: DRI) today announced the Board of Directors has appointed Daryl Kenningham as its newest member, effective immediately.
prnewswire.com
Read More
Here's Why Darden Restaurants (DRI) is a Strong Value Stock
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
zacks.com
Read More
Why Darden Restaurants (DRI) is a Top Growth Stock for the Long-Term
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
zacks.com
Read More
Darden Stock Hits New 52-Week High: Is It Time to Buy, Hold or Fold?
DRI stock benefits from restaurant expansion initiatives and strategic collaborations amid increased costs and expenses.
zacks.com
Read More
My Top 10 High-Yield Dividend Stocks For December 2024
SPY continues its strong run in 2024 with a gain of +5.96% in November. The top 10 stocks on the watchlist for December 2024 offer a 3.34% dividend yield, more than double the S&P 500. My top 10 list of high dividend yield stocks has generated an annualized rate of return of 18.61% since its inception in November 2020.
seekingalpha.com
Read More
Darden Restaurants Cooks Up Future Growth As Consumer Confidence Sizzles
Today I'm initiating coverage of Darden Restaurants with a buy rating, driven largely by growth indicators and strong macro consumer forecasts. The +3% dividend yield beats several peers, an attractive play for dividend investors who want portfolio exposure to restaurants. Despite trading near a 10-year high, the stock remains undervalued on forward P/E and EV/EBITDA ratios vs. key peers.
seekingalpha.com
Read More
Darden Restaurants to Host Fiscal 2025 Second Quarter Conference Call on December 19
ORLANDO, Fla. , Nov. 19, 2024 /PRNewswire/ -- Darden Restaurants, Inc., (NYSE: DRI) plans to release its fiscal 2025 second quarter financial results before the market opens on Thursday, December 19, 2024, with a conference call to follow at 8:30 am ET.
prnewswire.com
Read More
Why Darden Restaurants (DRI) is a Top Value Stock for the Long-Term
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
zacks.com
Read More
My Top 10 High-Yield Dividend Stocks For November 2024
SPY's 5 month positive streak comes to an end in October as it posts a loss of 0.89%. The top 10 stocks on the watchlist for November 2024 offer a 3.61% dividend yield, more than double the S&P 500. My top 10 list of high dividend yield stocks has generated an annualized rate of return of 17.27% since its inception in November 2020.
seekingalpha.com
Read More
2 High-Yield Dividend Stocks That Are Screaming Buys Right Now
Want to add reliable dividend payers to your portfolio? These household names can deliver inflation-beating payouts for many years to come.
fool.com
Read More
Darden Expands Its Brand Portfolio With Chuy's Acquisition
DRI enhances its restaurant offerings with the acquisition of Chuy's.
zacks.com
Read More
Signal Says 'Buy the Dip' on This Restaurant Stock
Olive Garden parent Darden Restaurants, Inc (NYSE:DRI) was last seen down 0.9% at $157.22.
schaeffersresearch.com
Read More
Darden Restaurants Completes Acquisition of Chuy's Holdings, Inc.
ORLANDO, Fla. , Oct. 11, 2024 /PRNewswire/ -- Darden Restaurants, Inc. ("Darden") (NYSE:DRI) today announced that it has completed the acquisition of Chuy's Holdings, Inc. ("Chuy's Holdings") in an all-cash transaction with an enterprise value of approximately $605 million.
prnewswire.com
Read More
DocuSign Set to Join S&P MidCap 400 and MDU Resources Group to Join S&P SmallCap 600
NEW YORK , Oct. 7, 2024 /PRNewswire/ -- DocuSign Inc. (NASD:DOCU) will replace MDU Resources Group Inc. (NYSE:MDU) in the S&P MidCap 400, and MDU Resources Group will replace Chuy's Holdings Inc. (NASD:CHUY) in the S&P SmallCap 600 effective prior to the opening of trading on Friday, October 11. S&P 500 constituent Darden Restaurants Inc. (NYSE: DRI) is acquiring Chuy's Holdings in a deal expected to be completed soon, pending final closing conditions.
prnewswire.com
Read More
My Top 10 High-Yield Dividend Stocks For October 2024
SPY locks in another positive month this year after gaining 2.10% in September. The top 10 stocks on the watchlist for October 2024 offer a 3.89% dividend yield, more than double the S&P 500. My top 10 list of high dividend yield stocks has generated an annualized rate of return of 17.96% since its inception in November 2020.
seekingalpha.com
Read More
Insider Sale: SVP Susan Connelly Sells Shares of Darden Restaurants Inc (DRI)
Susan Connelly, the Senior Vice President, Chief Communications and Public Affairs Officer of Darden Restaurants Inc (DRI, Financial), sold 3,320 shares of the company on October 1, 2024. The transaction was reported in a recent SEC Filing.
gurufocus.com
Read More
Top Wall Street analysts prefer these dividend stocks to strengthen portfolios
TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Darden Restaurants and Target
cnbc.com
Read More
CHUY'S INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Chuy's Holdings, Inc. - CHUY
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Chuy's Holdings, Inc. (NasdaqGS: CHUY) to Darden Restaurants, Inc. (NYSE: DRI). Under the terms of the proposed transaction, shareholders of Chuy's will receive $37.50 in cash for each share of Chuy's that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequ.
businesswire.com
Read More
DARDEN RESTAURANTS HELPS FEEDING AMERICA® EXPAND IMPACT IN THE MOVEMENT TO END HUNGER WITH FOOD TRUCK DONATIONS FOR THE FOURTH CONSECUTIVE YEAR
10 Refrigerated Trucks to Strengthen 10 More Food Distribution Programs Nationwide 45 Trucks Have Been Provided to 45 Food Banks Across 21 States Since January 2021 ORLANDO, Fla. , Sept. 25, 2024 /PRNewswire/ -- For the fourth consecutive year, Darden Restaurants is partnering with Feeding America® to ensure food reaches people facing hunger.
prnewswire.com
Read More
Darden Restaurants: Partnership With Uber Could Bring Incremental Sales
Darden Restaurants is adapting to challenging market conditions with value promotions, menu innovations, and strategic partnerships, such as the new ToGo partnership with Uber. Olive Garden's reintroduction of the 'Never Ending Pasta Bowl' and other value-driven initiatives have significantly boosted traffic and comparable sales in recent months. LongHorn Steakhouse continues to outperform with positive comparable sales and traffic, driven by its resilience and strategic menu offerings without relying on value promotions.
seekingalpha.com
Read More
Darden Shares Surge on Uber Partnership. Is It Too Late to Buy the Stock?
Darden posted relatively lackluster fiscal results in its latest quarter. However, its decision to add a third-party delivery partner boosted the stock.
fool.com
Read More
Darden Restaurants Is on the Verge of a Significant Breakout
Darden Restaurant's NYSE: DRI stock has numerous advantages for investors, as seen in the price action. The stock has been volatile in recent years, but each downswing is met by an upswing, and momentum is building in H2 2024.
marketbeat.com
Read More
Why did Olive Garden finally partner with Uber?
Olive Garden has always avoided using third party delivery services. Even during the pandemic, they resisted that urge.
invezz.com
Read More
Darden is 'pretty well positioned' in the market, says former CEO Clarence Otis
Clarence Otis, former Darden Restaurants CEO, joins 'The Exchange' to discuss the shift in consumer spending on food, how restaurant stocks can rebound from their current decline, and more.
youtube.com
Read More
Darden's Uber Partnership Fuels Optimism, Analysts See Market Share Gains And EPS Boost In FY25
Yesterday, Darden Restaurants, Inc. DRI reported first-quarter adjusted earnings per share of $1.75, missing the analyst consensus estimate of $1.83. Quarterly sales of $2.76 billion missed the street view of $2.80 billion.
benzinga.com
Read More
Darden Restaurants Partners With Uber for On-Demand Delivery
Darden and Uber have announced a strategic multi-year partnership to launch on-demand delivery services.
zacks.com
Read More
These Analysts Revise Their Forecasts On Darden Restaurants After Q1 Results
Darden Restaurants, Inc. DRI reported weaker-than-expected first-quarter financial results on Thursday.
benzinga.com
Read More
S&P 500 Gains and Losses Today: Index Pops to All-Time High After Jumbo Rate Cut
Major U.S. equities indexes tore higher a day after the Federal Reserve announced a half-percentage-point reduction in its benchmark interest rate.
investopedia.com
Read More
Uber to provide delivery for Olive Garden in new partnership
Darden Restaurants plans to start delivering Olive Garden food via Uber later this year, according to a Thursday announcement from the company.
foxbusiness.com
Read More
"No Surprise" Darden Restaurants (DRI) Missed, but Accelerates on Rebound
Andy Barish and Phil Kafarakis look at why Darden Restaurants (DRI) missed in earnings and how its partnership with Uber Technologies (UBER) can signal a road to rebound for the company. As Phil explains, "this is more about relief on operations and borrowing costs" for Darden.
youtube.com
Read More
Morgan Stanley's Brian Nowak on Darden-Uber partnership
Brian Nowak, managing director at Morgan Stanley, joins 'The Exchange' to discuss Darden's partnership with Uber for delivery, the Uber-Waymo partnership expansion, and more.
youtube.com
Read More
Darden's Earnings and Revenues Underperform Estimates in Q1
DRI's first-quarter fiscal 2025 top line benefits from new restaurant openings. Yet, dismal same-restaurant sales dampen overall growth.
zacks.com
Read More
Darden Restaurants Faces Pressure to Improve Speed Amid Declining Sales
In an increasingly fast-paced dining landscape, Darden Restaurants is under pressure to improve operational efficiency across its diverse portfolio, which includes Olive Garden, LongHorn Steakhouse, and fine dining establishments like The Capital Grille. Darden Restaurants President and CEO Rick Cardenas acknowledged the need for speed during the company's first-quarter earnings call Thursday (Sept.
pymnts.com
Read More
Olive Garden's owner sees stock surge as it gives upbeat sales forecast, discloses Uber delivery deal
Darden reported weaker-than-expected earnings on Thursday, but it reaffirmed its full-year outlook and said sales have been improving.
nypost.com
Read More
Darden Restaurants, Inc. (DRI) Q1 2025 Earnings Call Transcript
Darden Restaurants, Inc. (NYSE:DRI ) Q1 2025 Results Conference Call September 19, 2024 8:30 AM ET Company Participants Courtney Aquilla - Investor Relations Rick Cardenas - President and Chief Executive Officer Raj Vennam - Senior Vice President and Chief Financial Officer Conference Call Participants Brian Bittner - Oppenheimer Brian Harbour - Morgan Stanley Jon Tower - Citi Eric Gonzalez - KeyBanc Capital Markets Jeffrey Bernstein - Barclays David Palmer - Evercore ISI David Tarantino - Baird Chris O'Cull - Stifel Jim Salera - Stephens Jake Bartlett - Truist Securities Katherine Griffin - Bank of America Peter Saleh - BTIG Gregory Francfort - Guggenheim Securities Jeff Farmer - Gordon Haskett Danilo Gargiulo - Bernstein Lauren Silberman - Deutsche Bank Andy Barish - Jefferies John Ivankoe - JPMorgan Jim Sanderson - North Coast Research Brian Vaccaro - Raymond James Operator Hello, and welcome to the Darden Fiscal Year 2025 First Quarter Earnings Call. Your lines have been placed on a listen-only mode until the question-and-answer session.
seekingalpha.com
Read More
Olive Garden Owner Sees Sales Rebound and Strikes Uber Delivery Deal. Its Stock Is Flying.
Darden Restaurants (DRI) shares surged Thursday after the Olive Garden owner reported improving sales trends after a decline in July and announced a new delivery pilot with Uber (UBER).
investopedia.com
Read More
Darden Restaurants: The Market Is Liking What It Sees
Darden Restaurants faced a challenging quarter with both revenue and earnings missing estimates, but favorable annual guidance and improving sales trends are driving the stock rally. Comparable sales were down overall, but LongHorn Steakhouse showed strong performance with a 3.7% increase, while other segments like Olive Garden and fine dining struggled. Despite the misses, Darden's dividend yield of 3.0% and ongoing share repurchases, coupled with expected future dividend increases, make it a solid long-term hold.
seekingalpha.com
Read More
Olive Garden Owner Darden Jumps on Signs of Sales Rebound, Uber Eats Delivery Deal
Darden Restaurants (DRI) shares surged Thursday after the Olive Garden owner reported improving sales trends after a decline in July and announced a new delivery pilot with Uber (UBER).
investopedia.com
Read More
Restaurant Stock Surges on Delivery Partnership
Shares of Darden Restaurants Inc (NYSE:DRI) are up 7.3% at last glance today, trading at $170.77 after news that the Olive Garden parent is partnering with Uber Technologies (UBER) for delivery services.
schaeffersresearch.com
Read More
Darden Restaurants (DRI) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for Darden Restaurants (DRI) give insight into how the company performed in the quarter ended August 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
zacks.com
Read More
DRI Rallies Off Outlook, AAPL Faces EU Warning, MU Price Target Slashed
The markets are enjoying a rally off a 50BPS rate cut from the Fed. Darden Restaurants (DRI) joined in after showing positive guidance and announcing a deal with Uber (UBER).
youtube.com
Read More
Darden Restaurants (DRI) Lags Q1 Earnings and Revenue Estimates
Darden Restaurants (DRI) came out with quarterly earnings of $1.75 per share, missing the Zacks Consensus Estimate of $1.81 per share. This compares to earnings of $1.78 per share a year ago.
zacks.com
Read More