Darden Restaurants, Inc. (DRI)
| Market Cap | 21.93B |
| Revenue (ttm) | 11.58B |
| Net Income (ttm) | 1.04B |
| Shares Out | 117.50M |
| EPS (ttm) | 8.74 |
| PE Ratio | 21.35 |
| Forward PE | 18.89 |
| Dividend | $5.60 (3.00%) |
| Ex-Dividend Date | Oct 10, 2024 |
| Volume | 626,410 |
| Open | 185.67 |
| Previous Close | 184.79 |
| Day's Range | 183.34 - 186.79 |
| 52-Week Range | 135.87 - 188.88 |
| Beta | 1.33 |
| Analysts | Buy |
| Price Target | 187.54 (+0.48%) |
| 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 founded in 1968 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 26 analysts, the average rating for DRI stock is "Buy." The 12-month stock price forecast is $187.54, which is an increase of 0.48% from the latest price.
News
Darden Restaurants: The Jewel Of FSRs Seems To Shine Brighter Now
Darden Restaurants: The Jewel Of FSRs Seems To Shine Brighter Now
Darden Restaurants: Improved Outlook, But Valuation Don't Look Cheap (Rating Upgrade To Hold)
I upgrade Darden Restaurants (DRI) from sell to hold, recognizing its ability to thrive in a tough promotional environment and maintain strong margins. DRI's recent performance, including a revenue be...
Darden Restaurants: More Dollars On The Plate (Rating Upgrade)
Darden Restaurants reported a strong Q2, with a 15% stock surge driven by a $20M revenue beat and a $0.01 EPS beat. Key growth factors include the acquisition of 103 Chuy's restaurants and a 2.4% incr...
Darden Restaurants' Diversified Portfolio And Uber Delivery Partnership Offer Confidence In Overcoming Fine Dining Challenges: Analysts
Darden Restaurants, Inc. DRI shares are trading relatively flat on Friday.
S&P 500 Gains and Losses Today: Darden Restaurants Stock Sizzles After Sales Beat
Major U.S. equities indexes finished Thursday little changed after a sharp sell-off a day earlier.
Darden Restaurants: What A Quarter
Darden Restaurants, Inc. has shown resilience with strong Q2 2025 results, surpassing revenue and earnings expectations, driving a justified rally in the stock. Comparable sales growth was led by Long...
Olive Garden parent Darden Restaurants raises annual sales forecast
Darden Restaurants raised its annual sales forecast on Thursday, banking on higher menu prices and more people dining at its chains including LongHorn Steakhouse and Olive Garden in the holiday season...
Darden Restaurant Sales Grow Despite Fine Dining Pullback
Darden Restaurants' sales climbed this quarter despite diners shying away from its fine-dining establishments. The company, owner of chains such as Olive Garden and LongHorn Steakhouse, released earni...
Darden Restaurants: Solid Q2 Results Reflected In Valuation (Downgrade)
Darden Restaurants, Inc.'s stock surged 14% after strong earnings, with shares up 28% since my last 'buy' rating, surpassing my $160 price target. Darden's revenue grew 6% to $2.9 billion, driven by s...
Darden Restaurants, Inc. (DRI) Q2 2025 Earnings Call Transcript
Darden Restaurants, Inc. (NYSE:DRI) Q2 2025 Earnings Conference Call December 19, 2024 8:30 AM ET Company Participants Phil McClain - Vice President, Finance and Investor Relations Rick Cardenas - Pr...
Darden Stock Surges as LongHorn Steakhouse Strength Powers Sales Growth
Shares of Darden Restaurants (DRI) surged 14% Thursday to lead S&P 500 gainers as the company's fiscal 2025 second-quarter sales and adjusted profit beat expectations on strong LongHorn Steakhouse res...
Earnings Movers: ACN A.I. Wins, DRI Beat & Raise, LEN Struggles
Today's top earnings movers highlight consumer trends seen in the markets. Lennar (LEN) continued to show a shaky foundation for homebuilders after reporting a miss.
LongHorn Steakhouse leads sales gains for Darden while fine dining retreats
America's taste for red meat over fine dining powered a healthy sales gain for LongHorn Steakhouse.
Darden Restaurants' sales rise 6%, fueled by Olive Garden and LongHorn Steakhouse
Darden Restaurants' quarterly earnings revenue was in line with analysts' expectations. The company's same-store sales rose 2.4% in its latest quarter.
Darden Restaurants Reports Fiscal 2025 Second Quarter Results; Declares Quarterly Dividend; And Updates Fiscal 2025 Financial Outlook
ORLANDO, Fla. , Dec. 19, 2024 /PRNewswire/ -- Darden Restaurants, Inc. (NYSE:DRI) today reported its financial results for the second quarter ended November 24, 2024.
Darden Restaurants Visitor Growth Outpaces Industry: What's Ahead For Q2 Earnings?
Darden Restaurants, Inc. DRI is set to report its second-quarter results on Thursday before the opening bell. Here's a look at what to expect from the largest full-service restaurant operator in the c...
Cramer's week ahead: Fed decision and earnings from General Mills, Darden and Nike
CNBC's Jim Cramer walked investors through next week's Federal Reserve meeting and big earnings from General Mills, Darden Restaurants, Nike and more. He also mentioned earnings from Micron, Lennar, F...
DARDEN RESTAURANTS, INC. ANNOUNCES NEW BOARD MEMBER
ORLANDO, Fla. , Dec. 9, 2024 /PRNewswire/ -- Darden Restaurants, Inc. (NYSE: DRI) today announced the Board of Directors has appointed Daryl Kenningham as its newest member, effective immediately.
My Top 10 High-Yield Dividend Stocks For December 2024
SPY continues its strong run in 2024 with a gain of +5.96% in November. The top 10 stocks on the watchlist for December 2024 offer a 3.34% dividend yield, more than double the S&P 500. My top 10 list ...
Darden Restaurants Cooks Up Future Growth As Consumer Confidence Sizzles
Today I'm initiating coverage of Darden Restaurants with a buy rating, driven largely by growth indicators and strong macro consumer forecasts. The +3% dividend yield beats several peers, an attractiv...
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
SPY locks in another positive month this year after gaining 2.10% in September. The top 10 stocks on the watchlist for October 2024 offer a 3.89% dividend yield, more than double the S&P 500. My top 1...