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The Latest Breaking News from LongHorn Steakhouse

Restaurant Stocks Fill Investors' Hunger For Growth

Texas Roadhouse stock hit a buy point after Piper Sandler initiated coverage on the stock.

Investors Business Daily

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.

Orlando Sentinel

This Restaurant Is Seeing a Huge Uptick in Popularity This Year

Some steakhouse restaurants and breakfast chains have been doing well despite inflation and tight consumer budgets.

The Street

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2 Stocks Investors Should Never Hesitate to Buy

With the market expected to remain under pressure in the near term, one could invest in quality dividend-paying stocks, Procter & Gamble (PG) and Darden Restaurants (DRI), without hesitation. Moreover, these stocks are expected to benefit this holiday season significantly. Continue reading.

StockNews.com

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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Darden Restaurants Inc

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