These Analysts Revise Their Forecasts On Darden Restaurants After Q4 Results
Darden Restaurants, Inc. DRI reported better-than-expected fourth-quarter earnings results and increased its quarterly dividend.
Diners are ditching pricey fast food for casual-dining chains, CEO of Olive Garden's parent company says
Darden Restaurants CEO Rick Cardenas said there's been a small shift from fast food to casual dining. American fast-food consumers have expressed frustration with rising prices.
Olive Garden hiking menu prices again — despite admitting losing customers to inflation
“We're not going to do things to buy sales even with the increasing discounting our competitors are doing,” the chain's CEO said. “Our focus is on profitable sales growth.
Darden Sees Fine-Dining Comparable Sales Drop Amid Inflation, Job Concerns
Darden Restaurants saw its same-store sales slip at its fine dining locations amid consumers' concerns about inflation and the job market.
Darden Stumbles on Sales, But Analysts Stay Optimistic On Operational Execution: Here's Why
Several analysts reiterated their ratings and price targets on Darden Restaurants, Inc. DRI following today's release of its fourth quarter FY24 earnings.
Darden Stock Up After Q4 Earnings Beat, Cautious FY25 Outlook
Darden Restaurants, Inc. NYSE: DRI is a dominant player in the full-service dining sector. Darden operates a diverse portfolio of restaurant brands familiar to many Americans.
Darden Restaurants Posts Adjusted EPS Beat as Ruth's Chris Sales Boost Results
Darden Restaurants (DRI) shares advanced Thursday after it posted a better-than-expected adjusted profit as it benefited from the acquisition of Ruth's Chris Steak House.
Fast-food customers are shifting to casual-dining chains, Darden Restaurants CEO says
Darden Restaurants CEO Rick Cardenas said certain casual-dining chains are stealing some fast-food restaurants' customers. Chili's, Applebee's and other casual-dining chains have been trying to win over fast-food diners.
Darden Restaurants (DRI) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for Darden Restaurants (DRI) give insight into how the company performed in the quarter ended May 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Darden (DRI) Q4 Earnings Surpass Estimates, Revenues Lag
Darden's (DRI) fourth-quarter fiscal 2024 top line reflects solid segmental contributions and benefits from company-owned Ruth's Chris restaurants.
Darden Restaurants (DRI) Beats Q4 Earnings Estimates
Darden Restaurants (DRI) came out with quarterly earnings of $2.65 per share, beating the Zacks Consensus Estimate of $2.62 per share. This compares to earnings of $2.58 per share a year ago.
Darden beats on earnings, even as Olive Garden, fine-dining sales drag
Darden Restaurants reported mixed quarterly results for its fiscal fourth quarter. Its acquisition of Ruth's Chris Steak House fueled a 6.8% jump in net sales, but the company missed Wall Street's estimates for quarterly revenue.
