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Exclusive: Noodles & Company CFO Discusses Longer-Term Outlook, Says Chain Has 'A Lot Of Opportunity On The Top Line'
Thursday, March 4, 2021 - 2:31pm | 933Casual fast food chain Noodles & Co (NASDAQ: NDLS) reported fourth-quarter results on Feb. 25 and discussed a three-year strategic growth plan. On Monday, Benzinga had the opportunity to chat with Noodles & Co. CFO Carl Lukach about the company's outlook one year after the...
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Morgan Stanley's Restaurant Pair Trade: Upgrade Darden, Downgrade Restaurant Brands
Tuesday, January 19, 2021 - 2:20pm | 471Darden Restaurants, Inc. (NYSE: DRI) may offer investors better opportunities based on a post-COVID pandemic demand for dining out, while Restaurant Brands International Inc (NYSE: QSR) has fewer catalysts to improve slumping sales. The Analyst: John Glass upgraded Darden's stock from Equal-...
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What To Make Of Darden's Earnings Report
Monday, December 21, 2020 - 12:30pm | 635Darden Restaurants, Inc. (NYSE: DRI) reported mixed fiscal second-quarter results and analysts are mixed on the Olive Garden parent company's outlook. The Analyst: Wedbush analyst Nick Setyan maintains a Neutral rating on Darden's stock with a price target lifted from $115 to...
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As COVID-19 Triggers Resurgence In At-Home Cooking, Are Dine-In Restaurants In Trouble?
Tuesday, October 6, 2020 - 5:20pm | 1357One of the more obvious trends playing out in the early days of the COVID-19 pandemic was consumers eating more at home than usual. And this made perfect sense, as restaurants were mostly limited to take-out, delivery or drive-thru — or closed altogether. Months later, many restaurants...
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What Olive Garden And LongHorn Steakhouse Tell Us About Darden
Friday, September 25, 2020 - 12:59pm | 854Darden Restaurants, Inc. (NYSE: DRI), the parent company of Olive Garden and LongHorn Steakhouse among others, reported Thursday fiscal first-quarter results highlighted by a continued sales recovery and the reinstatement of its dividend. The stock traded sharply higher and sits around $96.24 per...