Darden Restaurants (DRI) reported fiscal 2025 third-quarter adjusted profits in line with analysts' estimates but same-restaurant sales came up well short.
The owner of Olive Garden logged higher earnings and sales in its fiscal third quarter with the addition of over 100 Chuy's locations and other new restaurant openings.
Darden Restaurants beat Wall Street's expectations for quarterly earnings, but its revenue fell short of estimates. Olive Garden and LongHorn Steakhouse reported weaker-than-expected same-store sales growth.
Darden Restaurants, Inc. DRI will release its third-quarter financial results, before the opening bell, on Thursday, March 20.
On Wednesday, Oppenheimer analyst Brian Bittner reiterated the Outperform rating on Darden Restaurants, Inc. DRI, with a price forecast of $218.
DRI's fiscal Q3 performance is likely to have gained from strong same-restaurant sales growth, strategic pricing actions and continued operational efficiencies.
Darden Restaurants Inc (NYSE:DRI) stock was last seen up 0.9% to trade at $187.70, bouncing off a pullback to its lowest level since January after it hit a March 3, record high of $203.12.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Darden Restaurants (DRI), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended February 2025.
Darden Restaurants (DRI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Here is how Darden Restaurants (DRI) and Hagerty, Inc. (HGTY) have performed compared to their sector so far this year.
Stocks like EAT, KRUS, DRI and PBPB are poised to benefit from the surge in restaurant sales.
Investors interested in Retail - Restaurants stocks are likely familiar with Darden Restaurants (DRI) and Dutch Bros (BROS). But which of these two stocks is more attractive to value investors?