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The Latest Breaking News from Darden Restaurants

Stocks Rise Before the Open as Investors Digest Fed Decision, U.S. Economic Data and Earnings in Focus

March S&P 500 E-Mini futures (ESH25) are up +0.18%, and March Nasdaq 100 E-Mini futures (NQH25) are up +0.25% this morning, extending yesterday’s gains after the Federal Reserve indicated there remains scope to lower interest rates later this year, as any tariff-driven rise in inflation is expected to be temporary.

Barchart

Woman accuses steakhouse of ignoring her ‘severe’ lemon allergy — sending her to ER in anaphylactic shock

Exclusive: Katherine Lamb-Jones says she informed her server of her medical condition, but that the LongHorn Steakhouse still brought out two dishes, back-to-back, containing lemons

The Independent UK

Is Darden Restaurants Stock Outperforming the Nasdaq?

While Darden Restaurants has outperformed the broader Nasdaq index over the past three months, analysts remain cautiously optimistic about the stock's prospects.

Barchart

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Olive Garden Owner Darden Restaurants Reports 6% Sales Increase: 'Executing At The Highest Level'

The company said results were fueled by same-store sales at Olive Garden and LongHorn Steakhouse.

International Business Times

Stocks Climb Before the Open After Fed-Fueled Selloff, U.S. GDP Data and Nike Earnings on Tap

December S&P 500 E-Mini futures (ESZ24) are up +0.40%, and December Nasdaq 100 E-Mini futures (NQZ24) are up +0.52% this morning, partially rebounding from yesterday’s dramatic selloff after the Federal Reserve forecast fewer interest rate cuts next year, while investors awaited a raft of U.S. economic data and an earnings…

Barchart

Where Darden Restaurants Stands With Analysts

In the latest quarter, 25 analysts provided ratings for Darden Restaurants (NYSE:DRI), showcasing a mix of bullish and bearish perspectives.

Benzinga

Darden Restaurants Stock: Is Wall Street Bullish or Bearish?

Although Darden Restaurants has underperformed the broader market over the past year, analysts maintain a moderately optimistic outlook for the stock's future prospects.

Barchart

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Here's What to Expect From Darden Restaurants’ Next Earnings Report

Darden Restaurants is all set to release its fiscal second-quarter earnings in December, and analysts project a double-digit profit growth

Barchart

Stocks Soar Before the Open as Fed’s Big Rate Cut Boosts Sentiment, U.S. Economic Data and FedEx Earnings on Tap

September S&P 500 E-Mini futures (ESU24) are up +1.48%, and September Nasdaq 100 E-Mini futures (NQU24) are up +2.03% this morning on expectations the Federal Reserve’s half-percentage-point rate cut will steer the U.S. economy toward a “soft landing,” while investors awaited a new round of U.S. economic data and an…

Barchart

Red Lobster says it will soon exit bankruptcy protection after judge approves seafood chain's sale

After months of dozens of restaurant closings and headlines about “endless shrimp” woes, Red Lobster is poised to soon exit from Chapter 11 bankruptcy protection

The Independent UK

Darden Restaurants Stock: Analyst Estimates & Ratings

Despite Darden Restaurants underperforming the broader market over the past year, analysts remain moderately bullish on the stock’s prospects.

Barchart

Earnings Preview: What to Expect From Darden Restaurants' Report

Darden Restaurants is expected to release its fiscal first-quarter earnings in September, and analysts project a single-digit profit increase.

Barchart

Stocks Climb Before the Open as Investors Await U.S. Economic Data, BoE Decision in Focus

June S&P 500 E-Mini futures (ESM24) are up +0.37%, and June Nasdaq 100 E-Mini futures (NQM24) are up +0.62% this morning as trading resumed after the Juneteenth holiday, with investors looking ahead to a new round of U.S. economic data.

Barchart

Flavor Flav orders entire Red Lobster menu in effort to save chain following bankruptcy

Public Enemy rapper says he will do ‘everything to help Red Lobster’ after chain restaurant filed for Chapter 11 bankruptcy

The Independent UK

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Stocks Climb on Upbeat Micron Results and Fed Rate Cut Signals, U.S. PMI Data and Nike Earnings in Focus

Investors are cheering forecast-beating quarterly results and guidance from Micron as well as the Fed’s unchanged projection for three rate cuts this year while also awaiting U.S. business activity data and earnings reports from Nike and FedEx.

Barchart

Nasdaq Futures Climb on Upbeat Micron Results and Fed Rate Cut Signals, U.S. PMI Data and Nike Earnings in Focus

June Nasdaq 100 E-Mini futures (NQM24) are trending up +0.66% this morning as investors cheered forecast-beating quarterly results and guidance from Micron as well as the Fed’s unchanged projection for three rate cuts this year while also awaiting U.S. business activity data and earnings reports from Nike and FedEx.

Orlando Sentinel

Darden Restaurants finishes $715 million Ruth’s Chris deal

The Orlando, Florida-based owner of Olive Garden and other chains has finished its $715 million deal to buy Winter Park, Florida-based Ruth’s Hospitality Group.

Benzinga

This Type Of Restaurant Is Thriving Right Now, Yet Olive Garden Struggles: Here's Why

With food inflation still surging, up 8% for the twelve months ended August, and the Russia-Ukraine war adding to global food constraints, it's easy to see why restaurant brands and operators are experiencing diminishing margins on their bottom line.

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Benzinga

$1.2 Million Bet On Darden Restaurants? 3 Stocks Insiders are Buying

Although US stocks closed lower on Thursday, there were a few notable insider trades.

Benzinga

These 2 Restaurant Stocks Are Delicious. Avoid This One, BofA Says

Analysts at BofA Securities initiate coverage of Texas Roadhouse Inc. (NASDAQ: TXRH) and Darden Restaurants Inc.

Benzinga

Where Darden Restaurants Stands With Analysts

Within the last quarter, Darden Restaurants (NYSE:DRI) has observed the following analyst ratings:

Benzinga

Read How Analysts Reacted To Darden Restaurants' Q4 Results

Wedbush analyst Nick Setyan lowered the price target on Darden Restaurants Inc (NYSE:DRI) to $122 (3% upside) from $140 and kept a Neutral rating on the shares. The analyst noted that FY23 guidance is predicated on normalization in inflation trends in the second half and has lowered his FY23 EPS estimate to $7.60 from $8.41…

Benzinga

Deutsche Bank Maintains Hold Rating for Darden Restaurants: Here's What You Need To Know

Deutsche Bank has decided to maintain its Hold rating of Darden Restaurants (NYSE:DRI) and lower its price target from $152.00 to $124.00. Shares of Darden Restaurants are trading up 2.6% over the last 24 hours, at $118.60 per share.

Benzinga

Why Darden Restaurants Stock Is On The Move Today

Darden Restaurants Inc (NYSE: DRI) shares are trading higher Thursday morning after the company reported better-than-expected financial results, issued guidance above analyst estimates and announced a buyback.

Benzinga

Darden Restaurants: Q4 Earnings Insights

Darden Restaurants (NYSE:DRI) reported its Q4 earnings results on Thursday, June 23, 2022 at 07:00 AM. Here's what investors need to know about the announcement.

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