Darden Restaurants, Inc. (DRI)
| Market Cap | 19.70B |
| Revenue (ttm) | 11.42B |
| Net Income (ttm) | 1.04B |
| Shares Out | 117.50M |
| EPS (ttm) | 8.66 |
| PE Ratio | 19.32 |
| Forward PE | 17.36 |
| Dividend | $5.60 (3.34%) |
| Ex-Dividend Date | Oct 10, 2024 |
| Volume | 1,270,395 |
| Open | 164.36 |
| Previous Close | 164.56 |
| Day's Range | 163.82 - 168.47 |
| 52-Week Range | 135.87 - 176.84 |
| Beta | 1.31 |
| Analysts | Buy |
| Price Target | 180.12 (+7.41%) |
| Earnings Date | Dec 19, 2024 |
About DRI
Darden Restaurants, Inc., together with its subsidiaries, owns and operates full-service restaurants in the United States and Canada. It operates under Olive Garden, LongHorn Steakhouse, Cheddar's Scratch Kitchen, Yard House, The Capital Grille, Seasons 52, Bahama Breeze, Eddie V’s Prime Seafood, and Capital Burger brand names. Darden Restaurants, Inc. was incorporated in 1995 and is based in Orlando, Florida. [Read more]
Financial Performance
In 2024, Darden Restaurants's revenue was $11.39 billion, an increase of 8.60% compared to the previous year's $10.49 billion. Earnings were $1.03 billion, an increase of 4.65%.
Financial StatementsAnalyst Forecast
According to 25 analysts, the average rating for DRI stock is "Buy." The 12-month stock price forecast is $180.12, which is an increase of 7.41% from the latest price.
News
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, ...
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. M...
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 al...
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. (NAS...
My Top 10 High-Yield Dividend Stocks For October 2024
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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,...
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 /PRN...
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 reintrod...
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.
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.
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...
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.
Olive Garden Breadsticks Hitch a Ride With Uber in Delivery Deal
A multiyear deal with Uber Technologies is set to begin with a pilot at select Olive Garden locations this year. Darden has long refused to allow third-party delivery companies to handle its food at a...
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.
Stock Market Today: Dow Gains 522 Points in Fed-Fueled Session
The blue chip index closed above the psychologically significant 42,000 level for the first time ever Thursday.
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.
"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 expla...
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.
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, a...
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.
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 Execut...
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).
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 ...
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).