Darden Restaurants, Inc. (DRI)
|Net Income (ttm)||952.80M|
|Ex-Dividend Date||Jul 7, 2022|
|Day's Range||131.30 - 132.48|
|52-Week Range||110.96 - 164.28|
|Price Target||140.35 (+5.9%)|
|Earnings Date||Sep 21, 2022|
Darden Restaurants, Inc., through its subsidiaries, owns and operates full-service restaurants in the United States and Canada. As of May 29, 2022, it owned and operated 1,867 restaurants, which included 884 under the Olive Garden brand, 546 under the LongHorn Steakhouse brand name, 172 under the Cheddar's Scratch Kitchen brand, 85 under the Yard House brand name, 62 under The Capital Grille brand, 45 under the Seasons 52 brand name, 42 under the Bahama Breeze brand, 28 under the Eddie V's Prime Seafood brand name, and 3 under the Capital Burge... [Read more...]
In 2022, DRI's revenue was $9.63 billion, an increase of 33.82% compared to the previous year's $7.20 billion. Earnings were $952.80 million, an increase of 51.41%.Financial Statements
According to 33 analysts, the average rating for DRI stock is "Buy." The 12-month stock price forecast is 140.35, which is an increase of 5.94% from the latest price.
Restaurants might get a lift from cooling inflation, cheaper gas
Yahoo Finance's Brian Sozzi discusses potential tailwinds coming to the restaurant industry, including falling gas prices and the latest inflation data.
The two companies from different corners of the food industry are making similar-sized hikes to their quarterly payouts.
Darden Restaurants looks well-positioned to handle whatever the economy throws at it.
The stock is looking better following management's Q4 update.
Darden's (DRI) performance is likely to reflect the impact of high costs and traffic woes.
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 ...
As restaurants face inflationary challenges, brands are taking different approaches to make the economics work both in the short and long term. Darden Restaurants, the parent company of Olive Garden, Lo...
Diners are gorging themselves at Olive Garden even as the giant chain of red-sauce joints curtails popular discounts amid record-high inflation, executives said. Owned by Orlando, Fla.
Some Darden restaurants report fourth-quarter sales above pre-pandemic levels
Yahoo Finance Live anchor Brian Cheung breaks down the chart of the day which looks at Darden restaurants earnings.
Darden's (DRI) fourth-quarter fiscal 2022 top line reflects solid segmental performance backed by comps growth and new store openings.
Darden Restaurants is a textbook example of how to 'beat the bears,' says Jim Cramer
CNBC's Jim Cramer and the 'Squawk on the Street' team break down shares of Darden Restaurants following the company's latest quarterly earnings report.
Earnings: Darden Restaurants tops fourth-quarter revenue estimates, Rite Aid raises guidance
Yahoo Finance Live anchors Julie Hyman and Brad Smith discuss quarterly earnings for Darden Restaurants and Rite Aid.
Darden Restaurants (DRI) delivered earnings and revenue surprises of 1.36% and 2.30%, respectively, for the quarter ended May 2022. Do the numbers hold clues to what lies ahead for the stock?
Darden Restaurants Inc (NYSE: DRI) shares are trading higher Thursday morning after the company reported better-than-expected financial results, issued guidance above analyst estimates and announced a b...
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 ...
Darden also increased its dividend and said it would buy back more shares.
Darden Restaurants on Thursday reported quarterly earnings and revenue that beat analysts' expectations.
Darden Restaurants Reports Fiscal 2022 Fourth Quarter and Full Year Results; Increases Quarterly Dividend; Authorizes...
ORLANDO, Fla. , June 23, 2022 /PRNewswire/ -- Darden Restaurants, Inc. (NYSE:DRI) today reported its financial results for the fourth quarter and fiscal year ended May 29, 2022.
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Darden's (DRI) fourth-quarter fiscal 2022 performance is likely to have benefited from the To-Go platform, solid off-premise sales and digital initiatives.
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ORLANDO, Fla. , June 2, 2022 /PRNewswire/ -- Darden Restaurants, Inc., (NYSE: DRI) plans to release its fiscal 2022 fourth quarter financial results before the market opens on Thursday, June 23, 2022, w...