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Darden Restaurants Analyst Downgrades Olive Garden Owner On Softening Trends
Friday, December 27, 2019 - 12:58pm | 379Restaurant operator Darden Restaurants, Inc. (NYSE: DRI) continues to benefit from "significant" economies of scale and buying power, but a projection of softer customer traffic, weaker comps and cost pressures has led Argus to drop its bullish stance. The Darden...
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Street Analysts Mixed After Darden Restaurants Serves Up Lukewarm Results
Friday, September 20, 2019 - 4:17pm | 891Olive Garden's parent company Darden Restaurants, Inc. (NYSE: DRI) reported fiscal first-quarter results which came in mixed versus expectations while some metrics flat out disappointed. Here is a summary of how some of the Street's top analysts reacted to the print and management's...
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The Street Debates Darden's Earnings: Low Bar Set For Guidance?
Friday, June 21, 2019 - 2:50pm | 663Olive Garden parent company Darden Restaurants, Inc. (NYSE: DRI) on Thursday reported fourth-quarter results. Earnings of $1.76 per share beat the analyst consensus estimate of $1.72, while quarterly sales of $2.23 billion missed the consensus estimate of $2.24 billion. Here is a summary of how...
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Bon Appétit: The Street Has Mostly Bullish Reaction To Darden's Q3
Friday, March 22, 2019 - 4:28pm | 800Olive Garden's parent company Darden Restaurants, Inc. (NYSE: DRI) reported Thursday with a top-and-bottom line beat in its fiscal third quarter results and lifted its full-year 2019 outlook. The following is a roundup of the Street's reaction. The Analysts Morgan Stanley's...
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Sell-Side Analysts React To Olive Garden Parent Company's Earnings Beat
Wednesday, December 19, 2018 - 12:19pm | 632Darden Restaurants, Inc. (NYSE: DRI), best known for its Olive Garden and LongHorn Steakhouse brands, reported an EPS beat and slight revenue miss in its fiscal second quarter while management lifted its outlook higher. Here is a summary of how some of the Street's top analysts reacted to the...
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Darden Restaurants Raises Guidance After Q2 Earnings Beat
Tuesday, December 18, 2018 - 2:28pm | 346Darden Restaurants, Inc. (NYSE: DRI) reported its fiscal second-quarter adjusted EPS above estimates, despite a higher-than-expected tax rate. The Analyst Stephens’ Will Slabaugh maintained an Overweight rating on Darden Restaurants, with an unchanged $135 price target. The Thesis Darden...
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Bernstein: Buy The Dip In Darden Restaurants
Friday, April 20, 2018 - 2:28pm | 392Darden Restaurants, Inc. (NYSE: DRI) reported fiscal third-quarter results in late March in which revenue and same-store sales at its restaurant chains fell short of expectations. The corresponding sell-off in the stock should be seen as a buying opportunity for investors, according to...
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GrubHub Integrates Venmo As Payment Option; Stephens Says Peers Are At Competitive Disadvantage
Tuesday, April 17, 2018 - 2:02pm | 645GrubHub Inc (NYSE: GRUB)'s first-mover advantage in food delivery positions the company to capitalize on rapid growth in the sector, according to Stephens. Its announcement Tuesday that Paypal Holdings Inc (NASDAQ: PYPL)'s Venmo is being integrated into the platform makes it...
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Darden Restaurants' Q3 Triggers Sell-Side Upgrade
Monday, March 26, 2018 - 9:38am | 369Darden Restaurants, Inc. (NYSE: DRI), the restaurant operator best known for its Olive Garden and LongHorn Steakhouse chains, reported fiscal third-quarter results Thursday that prompted Stephens to turn bullish on the stock. The Analyst Stephens' Will Slabaugh upgraded Darden...
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Darden Continues To Cook Up Solid Results, But A Better Entry Point For The Stock Is Needed
Tuesday, September 26, 2017 - 8:37am | 276Shares of Darden Restaurants, Inc. (NYSE: DRI) were trading lower by around 4 percent early Tuesday morning after the company reported its fiscal first-quarter earnings report. The restaurant operator reported that it earned 99 cents per share in the quarter, which was in-line with the $1.00 per...
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Bite Into Darden Restaurants' Q4 Earnings
Tuesday, June 27, 2017 - 9:43am | 323Shares of Darden Restaurants, Inc. (NYSE: DRI) were trading higher by more than 3 percent early Tuesday morning after the company reported its fiscal fourth-quarter results and issued guidance for the coming year. Darden Restaurants, the parent company of Olive Garden and other restaurant chains,...
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Olive Garden 'Outpaces' The Casual Dining Space, Which Is A Good Thing For Darden
Tuesday, December 20, 2016 - 3:41pm | 402Stephens maintained its Equal-Weight rating on Darden Restaurants, Inc. (NYSE: DRI), which reported solid second quarter results driven by continued strength in its Olive Garden segment. Darden reported adjusted EPS of was $0.64 in line with consensus. Olive Garden posted its ninth consecutive...
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Olive Garden Dominates The Darden Story Post Earnings
Wednesday, October 5, 2016 - 1:22pm | 269Darden Restaurants, Inc. (NYSE: DRI) is coming off an earnings and revenue beat and a raised guidance outlook for the rest of the year. A primary contributor to the strength of the chain-restaurant operator has been Olive Garden's turnaround story. In Q1, Olive Garden outperformed the industry by...
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Darden Restaurants Is Cautious On Industry, Confident In Its Own Stores
Wednesday, October 5, 2016 - 10:41am | 370Credit Suisse could see Darden Restaurants, Inc. (NYSE: DRI) remaining confident about its ability to increase its market share though the company continued to remain cautious about the industry. The firm found that there was no change in the company's perception compared to the previous views....
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Olive Garden Gaining Market Share, A Bright Spot For Darden Restaurants
Tuesday, September 27, 2016 - 4:04pm | 350Wells Fargo sees Olive Garden as a relative bright spot for Darden Restaurants, Inc. (NYSE: DRI) in a darkening industry. Expectations Ahead of the release of its first-quarter earnings due on October 4, the firm said it believes the first quarter is the peak for fiscal year 2017 earnings per share...