Shares of Darden Restaurants(NYSE: DRI) soared to a new all-time high on Thursday morning following the release of robust second-quarter results. The restaurant operator's stock peaked at an ...

Darden Restaurants is the largest restaurant operator in the us full-service space, with consolidated revenue of $11.4 billion in fiscal 2024 resulting in 3%-4% full-service market share (per NRA ...

Darden Restaurants has demonstrated consistent free cash flow growth, with a notable increase from $4.07 per share in 2016 to $8.25 per share in the TTM period, reflecting a strong upward trajectory.

Investor confidence is relatively high in Darden Restaurants (NYSE:DRI) heading into the new year. The restaurant company now sees generating sales of approximately $12.1 billion, an increase from ...

Darden Restaurants on Thursday reported weaker-than-expected sales as Olive Garden and LongHorn Steakhouse underperformed analysts' projections. The restaurant company blamed weather for the sales ...

Darden Restaurants is adding Tex-Mex to the menu. The parent company of Olive Garden, LongHorn Steakhouse, Yard House and other chains, said Wednesday it's buying Chuy's for approximately $605 ...

Darden Restaurants Inc., parent to such casual-dining brands as Olive Garden, Longhorn Steakhouse, Cheddar’s Scratch Kitchen and others, saw the lower income segment reduce spending in the Feb ...

According to the company’s 2nd quarter 2024 earnings call on Dec. 15, things are looking good for Darden Restaurants Inc. (NASDAQ: DRI). The restaurant group plans to open 50 to 55 new locations ...

Darden Restaurants's Current Market Status Trading volume stands at 1,200,422, with DRI's price down by -0.5%, positioned at $152.81. RSI indicators show the stock to be may be approaching overbought.

Darden owns Olive Garden as well as other chains, including fine-dining restaurants Eddie V’s and The Capital Grille. The company reported overall sales in the quarter were up 6.4% to $2.8 billion.

There are around 74 franchise restaurants in the mix as well. Darden already operates steakhouses Long Horn and The Capital Grille, so Ruth's Chris will fit in well with the portfolio.

Longer-term, we expect to see Darden Restaurants continue its uptrend and move up to the $175 range. Darden Restaurants also pays a very safe dividend worth 1.76% in yield.