The transaction involved the sale of 4,373 shares at $210.42 per share on July 29 for a total value of roughly $920,200. The sale represented an 85% reduction in King's total direct common stock holdings.
Darden Restaurants earns a reiterated buy rating as LongHorn's growth reduces reliance on Olive Garden and diversifies earnings. Olive Garden's lighter-portions menu boosts visit frequency, supporting 2.4% same-restaurant-sales growth and 50bps margin expansion to 24.3%. DRI targets 3–4% annual unit growth, with LongHorn expanding faster and new-store returns exceeding cost of capital by several hundred basis points.
DRI enters fiscal 2027 with growth from LongHorn, digital initiatives and new restaurants, while inflation and cautious spending test margins.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 3,673 | $674,456 | $746,867.82 | $72,411.82 | 10.74% |
| DI David Izzi Brown, LISLE/CUMMINGS Inc. | 75 | $14,002 | $15,268.5 | $1,266.5 | 9.05% |
Timothy M. Bidwell Hazlett, BURT & WATSON Inc. | 300 | $58,812 | $61,074 | $2,262 | 3.85% |
| LC Lisa Candera CIGNA INVESTMENTS Inc. /NEW | 1,082 | $178,253.71 | $220,273.56 | $42,019.85 | 23.57% |
Curtis Ellergodt Rothschild Investment LLC | 4,878 | $812,681.36 | $1.02M | $208,088.92 | 25.61% |
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
Brian Bittner Oppenheimer | 77.86 | $16,690.89 | $17,254.46 | $563.57 | 3.38% |
| LS Lauren Silberman Deutsche Bank | 178.63 | $38,176.56 | $36,972.6 | -$1,203.96 | -3.15% |
| CO Chris O'Cull Stifel | 281.39 | $63,469.71 | $60,306.91 | -$3,162.8 | -4.98% |
| Hotels, Restaurants & Leisure Industry | Consumer Discretionary Sector | Ricardo Cardenas CEO | NYSE Exchange | 237194105 CUSIP |
| US Country | 209,931 Employees | 3 Aug 2026 Last Dividend | 10 Nov 2015 Last Split | 5 May 1995 IPO Date |
Darden Restaurants, Inc., established in 1995 and headquartered in Orlando, Florida, is a leading name in the full-service restaurant industry in the United States and Canada. With a diverse portfolio of dining establishments, Darden Restaurants, Inc. prides itself on offering a wide range of culinary experiences through its subsidiaries. The company is committed to providing high-quality service and dining experiences to its customers, making it a distinguished entity in the hospitality sector.
The company operates several well-known brands, each offering unique dining experiences to cater to the varied tastes of its clientele. These brands include: