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Stifel Upgrades Darden Restaurants Amid Stock Selloff After CEO Announces May Retirement
Wednesday, December 22, 2021 - 12:11pm | 257Read More...Although Darden Restaurants, Inc’s (NYSE: DRI) stock came under pressure following the announcement of CEO Gene Lee's pending retirement in May 2022, investors may soon realize that his successor, Rick Cardenas, “can continue to guide the company on a similar strategic growth path,...
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Why Darden Restaurants Stock Is Making New All-Time Highs Today
Thursday, September 23, 2021 - 1:01pm | 273Read More...Darden Restaurants Inc (NYSE: DRI) shares are trading higher Thursday after the company announced better-than-expected first-quarter fiscal 2022 financial results and an additional $750 million share repurchase authorization. Darden Restaurants reported quarterly earnings of $1.76 per share, which...
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Gadfly's Banjo On Darden: We Don't Need New Olive Gardens
Wednesday, March 29, 2017 - 2:15pm | 343Read More...Darden Restaurants, Inc. (NYSE: DRI) continues to trade near all-time highs because the company is a standout in the restaurant sector. Darden, the parent company of several full-service restaurant chain perhaps the most notable of which is Olive Garden, reported its fiscal third quarter results...
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Darden Restaurants Reports Better Than Expected Q3, Shares Dip Slightly Lower
Tuesday, April 5, 2016 - 9:01am | 264Read More...Shares of Darden Restaurants, Inc. (NYSE: DRI) were trading lower by around 0.50 percent early Tuesday morning after the company reported its third-quarter results. Darden Restaurants said that it earned $1.21 per share in the third quarter on revenue of $1.85 billion. Wall Street analysts were...
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Delectable Relationship: Starboard Value's Intervention In Darden Restaurants 'Has Been Incredible'
Tuesday, April 14, 2015 - 1:06pm | 433Read More...Shares of Darden Restaurants, Inc. (NYSE: DRI) are up more than 40 percent since October 2014, when the company's shareholders voted in favor of replacing the entire board with directors nominated by the hedge fund Starboard Value LP. Jeffrey Smith, Starboard Value founder, was on CNBC...
