Olive Garden

Darden Restaurants Inc. (NYSE:DRI) shares are trading slightly lower on Wednesday. The company will release its fourth-quarter financial results before the market opens on Friday, June 20. Here are the analysts’ takes on the stock before the earnings release: Truist Securities...

Last Thursday, Darden Restaurants Inc (NYSE: DRI) issued weaker than expected fiscal first quarter earnings as fine dining restaurants and Olive Garden struggled with lower sales.  Fiscal first quarter highlights show summer sales fell short of expectations. For the quarter ended on August...

Restaurant company Red Lobster is nearing an exit from Chapter 11 bankruptcy, which was announced earlier this year. What Happened: News of Red Lobster declaring bankruptcy prompted a mix of memories from consumers who had visited the restaurants over the year, including the world's richest...

Darden Restaurants Inc (NYSE: DRI), the company that owns both the Olive Garden and LongHorn Steakhouse brands, posted upbeat earnings for its second quarter (Q2) on Friday, Dec. 15. For Q2 of 2024, the company reported sales growth of 9.7% year-on-year to $2.727 billion — just shy of...

On Thursday, the owner of the Olive Garden chain reported its fiscal fourth quarter earnings that topped Wall Street estimates. However,  the annual profit that Darden Restaurants Inc (NYSE: DRI) forecasted was largely below what Wall Street had expected with a clear warning of a slowdown in...

Analysts at Guggenheim Partners had not rescinded their initial outlook that the restaurant industry would struggle to structurally grow margins as long as the unemployment rate stayed below 4%. But the firm said Thursday it was betting on one group to outperform. The...

With food inflation still surging, up 8% for the twelve months ended August, and the Russia-Ukraine war adding to global food constraints, it's easy to see why restaurant brands and operators are experiencing diminishing margins on their bottom line. Take Darden Restaurants (NYSE: DRI), the...

A leading fast food restaurant chain is experimenting with a new unlimited taco pass to help grow its loyal customer base and add to its sales momentum. What Happened: Taco Bell, a unit of Yum! Brands, Inc. (NYSE: YUM), is experimenting with a Taco Lover’s Pass at select locations. Taco Pass...

Despite industry-related input costs and labor headwinds, Darden Restaurants, Inc. (NYSE: DRI) could generate above-consensus earnings in fiscal 2023, driven by Olive Garden sales, according to Cowen. The Darden Restaurants Analyst: Andrew Charles upgraded the rating for Darden Restaurants from...

Restaurant chain Darden Restaurants, Inc. (NYSE: DRI) showed a consistent recovery in foot traffic from May through October 2020. November and December 2020 saw trends move in the opposite direction, but a recovery is now underway, according to data from foot traffic analytic firm Placer.ai. What...

Darden 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...

Jim Cramer gave his take on which stocks could be winners with a COVID-19 vaccine on the way. Cramer On Darden: On CNBC Monday morning, Cramer highlighted Darden Restaurants Inc (NYSE: DRI) as a company that could be a big winner with a potential vaccine coming in 2021 from Pfizer Inc (NYSE: PFE)...

Darden 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...

Olive Garden's parent company Darden Restaurants, Inc. (NYSE: DRI) reported mixed fiscal first-quarter results, but management guided towards improving trends. Earnings Report: Darden said it earned 28 cents per share in the first quarter on revenue of $1.53 billion. By comparison, Street...

Olive Garden parent company Darden Restaurants, Inc. (NYSE: DRI) reported Thursday with better-than-expected fourth-quarter results. The company also provided a business update and first-quarter outlook.  Darden's Q4, Full-Year Results: Darden reported a loss of $1.24 per share...