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The Latest Breaking News from Darling Ingredients Inc

Darling Ingredients Raises $500M Via Debt Offering

Darling Ingredients Inc (NYSE:DAR) has launched an offering of $500.0 million of unsecured senior notes. The notes will initially be guaranteed by all of Darling's restricted subsidiaries, other than foreign subsidiaries. The company expects to use the gross proceeds for general corporate purposes, including acquisitions, repayment of the debt, and capital expenditures. The…

Benzinga · May 31, 2022

2 Packaged Food Stocks to Buy to Battle Rising Inflation

2 Packaged Food Stocks to Buy to Battle Rising Inflation

Packaged food prices are soaring amid deepening supply chain disruptions. However, the demand for packaged food items is expected to remain strong due to extensive lifestyle changes. And since the rising demand should help quality packaged food companies General Mills (GIS) and Darling Ingredients (DAR) pass rising input costs to…

StockNews.com · Apr 4, 2022

Chick-fil-A Picks Darling Ingredients To Make Renewable Fuel

Chick-fil-A Picks Darling Ingredients To Make Renewable Fuel

Chick-fil-A Inc has selected Darling Ingredients Inc (NYSE:DAR) to convert its used cooking oil into renewable transportation fuel. The company's service brand, DAR PRO Solutions, will collect the used cooking oil from all Chick-fil-A restaurants in the U.S. and Canada. "We admire Chick-fil-A's commitment to reducing food waste and are proud to…

Benzinga · Mar 21, 2022

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Darling Ingredients Q4 Earnings Top Estimates

Darling Ingredients Inc (NYSE:DAR) reported fourth-quarter FY21 sales growth of 28.5% year-on-year, to $1.31 billion, beating the consensus of $1.22 billion. The gross margin for the quarter expanded 20 basis points to 24.5%, and the gross profit rose 29.2% Y/Y to $321.1 million. The operating margin was 16.1%, and operating income for the…

Benzinga · Mar 1, 2022

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