Darden Restaurants Inc Stock News

Smart investors will watch restaurant stocks since the business is estimated to generate over $1 trillion in 2024. The industry is expected to gain 200,000 jobs this year, reaching 15.7 million.

Darden (DRI) intends to enhance its internal digital media capabilities to drive traffic and growth. However, inflationary pressures are a concern.

Darden Restaurants‘ (NYSE: DRI) recent earnings report revealed mixed results, with Olive Garden struggling to grow same-store sales.

Darden Restaurants CEO Rick Cardenas said high prices at fast food restaurants are benefitting casual sit-down restaurants, like his competitors Chili's Grill & Bar and Applebee's.

Popular Italian restaurant chain Olive Garden expects to raise prices "more in line with inflation" moving forward, parent company Darden said in its earnings call this week.

Darden Restaurants, Inc. DRI on Thursday reported better-than-expected results for its fourth quarter.

Olive Garden hasn't been raising prices as much as its rivals — and execs say this is helping it buck industry traffic trends. Its guest counts topped industry benchmarks, even though same-restauran

Darden Restaurants, Inc. DRI reported better-than-expected fourth-quarter earnings results and increased its quarterly dividend.

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.

“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 Restaurants saw its same-store sales slip at its fine dining locations amid consumers' concerns about inflation and the job market.

Several analysts reiterated their ratings and price targets on Darden Restaurants, Inc.  DRI following today's release of its fourth quarter FY24 earnings.

Accenture's (ACN) 3Q adjusted EPS came in at $3.13 versus an estimated $3.14 and revenue came in at $16.47B versus an estimated $16.52B. Paul McCarthy discusses Accenture, as well as Darden Restaurant

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 (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.