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The Latest Breaking News from Darden

Beloved Caribbean-inspired restaurant chain announces it will look to sell all locations

Darden Restaurants also own Olive Garden and Longhorn Steakhouse, and says some locations could be converted

The Independent UK

Darden Restaurants Stock: Is DRI Outperforming the Consumer Discretionary Sector?

While Darden Restaurants has outpaced the broader consumer discretionary sector over the past year, analysts maintain a measured outlook on its future performance, balancing recent gains with a watchful eye on potential headwinds.

Barchart

Are Wall Street Analysts Bullish on Darden Restaurants Stock?

Darden Restaurants has outperformed the broader market over the past year, and analysts are moderately optimistic about the stock’s prospects.

Barchart

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3 Momentum Stocks Near 52-Week Highs to Watch for More Growth

These three stocks are trading near their respective 52-week highs and have catalysts that suggest it's safe for investors to chase them higher

MarketBeat

Is Darden Restaurants Stock Outperforming the Dow?

Despite Darden Restaurants’ outperformance relative to the Dow Jones over the past year, analysts are cautiously optimistic about the stock’s prospects.

Barchart

Olive Garden parent company shrugs off concerns of plummeting consumer confidence because restaurant goers continue 'to treat themselves and splurge'

Despite missing analyst expectations, Darden Restauant’s stock popped as it forecasted a sales lift next quarter amid pessimism about the economy.

Fortune

What Are Wall Street Analysts' Target Price for Darden Restaurants Stock?

Although Darden Restaurants has underperformed the broader market over the past 52 weeks, Wall Street analysts remain moderately optimistic about the stock's prospects.

Barchart

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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

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

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

Home cookin': Diners skipping restaurants and making more meals at home as inflation trend inverts

Eating in is in and eating out is out

The Independent UK

Olive Garden Owner Announces Uber Delivery Partnership

Customers will be able to order delivery online and through the app at more than 900 locations while delivery will be handled by Uber Direct.

International Business Times

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

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Salon

Olive Garden's lesson for Red Lobster

It's Endless Shrimp versus the Never Ending Pasta Bowls

Fortune

Olive Garden owner's CEO says fast food is so expensive you might as well have a sit-down meal

McDonald’s and Wendy’s have vexed budget-conscious consumers, and chains like Chili’s and Olive Garden are ready to take advantage.

USA Today Sports Media Group

Meet Matt Ganyard, Virginia’s 34-year-old kicker and former Marine Corps helicopter pilot

It took 16 years, but the father of two finally made it onto the gridiron.

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.

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Bangkok Post

Price Hikes Don't Necessarily Translate to Higher Profits

Many big U.S. businesses say they have been able to increase prices this year with limited pushback from customers. Not all the changes are leading to higher corporate profits.

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.

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

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

PreMarket Prep Stock Of The Day: Will The Darden Restaurants Earnings Pop Last?

Investors who are waiting for rising inflation and interest rates to have a negative impact on a company’s earnings will have to wait a few quarters in Darden Restaurants, Inc. (NYSE: DRI).

Benzinga

Earnings Beat, Dividend Hike, New Buyback: Darden Restaurants' Q4 Highlights

Darden Restaurants Inc (NYSE:DRI) reported fourth-quarter FY22 sales growth of 14.2% year-on-year to $2.60 billion, beating the consensus of $2.54 billion. Same-restaurant sales increased 11.7% versus last year. Olive Garden sales increased 8.2%, LongHorn Steakhouse climbed 13.2%, and Fine Dining jumped 40.7%. Darden clocked an operating margin of 13%, and the operating income…

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