Darden Restaurants(DRI)

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Darden Restaurants to Host Fiscal 2025 Fourth Quarter Conference Call on June 20
Prnewswire· 2025-05-22 20:15
ORLANDO, Fla., May 22, 2025 /PRNewswire/ -- Darden Restaurants, Inc., (NYSE: DRI) plans to release its fiscal 2025 fourth quarter financial results before the market opens on Friday, June 20, 2025, with a conference call to follow at 8:30 am ET. Rick Cardenas, CEO, and other senior management will discuss fourth quarter results and conduct a question and answer session. For those who cannot listen to the live broadcast, a replay will be available shortly after the call. What: Darden Re ...
Darden Restaurants: At $200 Sit Back And Enjoy Your Dividends
Seeking Alpha· 2025-05-03 13:35
Group 1 - Darden Restaurants (NYSE: DRI) stock has reached the analyst's price target after a prolonged period of monitoring [1] - The analyst specializes in restaurant stocks, covering various segments including QSR, fast casual, casual dining, fine dining, and family dining [2] - The company employs advanced analytical models and specialized valuation techniques to provide insights and strategies for investors [2] Group 2 - The analyst has no current stock or derivative positions in any mentioned companies and has no plans to initiate any within the next 72 hours [3] - The article expresses the analyst's own opinions and is not influenced by compensation from any company [3]
Brinker Vs Darden: Which Restaurant Stock Should You Consider Now?
ZACKS· 2025-04-08 16:35
Core Viewpoint - Brinker International, Inc. (EAT) and Darden Restaurants, Inc. (DRI) are both major players in the casual dining sector, with Brinker showing stronger growth potential and market performance compared to Darden in the current volatile environment [1][16]. Brinker International, Inc. (EAT) - EAT has successfully driven traffic and revenue through various sales-building initiatives, including menu streamlining and food presentation improvements [1]. - In Q2 of fiscal 2025, Brinker reported a 31.4% increase in sales at Chili's and a 19.9% rise in traffic year-over-year, attributed to effective marketing campaigns [2]. - The company opened nine new Chili's restaurants in fiscal 2024 and plans to open 9-11 domestic and 21-25 international locations in fiscal 2025 [3]. - Menu innovation continues to be a focus, with the introduction of new items like Honey Chipotle Mozz Sticks, contributing to a significant increase in sales from the Triple Dipper campaign, which accounted for 14% of total sales in Q2 [4][5]. - The Zacks Consensus Estimate for Brinker's fiscal 2025 sales and EPS indicates year-over-year growth of 18.7% and 102.4%, respectively, with recent upward revisions in earnings estimates [9]. - Brinker's stock has surged 185.2% over the past year, outperforming the industry and the S&P 500 [11]. Darden Restaurants, Inc. (DRI) - Darden benefits from the strong performance of Cheddar's Scratch Kitchen, enhancing its brand portfolio and scale [6]. - The partnership with Uber for on-demand delivery at Cheddar's Scratch Kitchen is currently being piloted at 10 locations, improving customer service [7]. - Darden plans to open 50-55 new restaurants in fiscal 2025 and 60-65 in fiscal 2026, with LongHorn Steakhouse reporting a 5.1% sales increase year-over-year to $768.1 million in Q3 fiscal 2025 [8]. - The Zacks Consensus Estimate for Darden's fiscal 2025 sales and EPS suggests year-over-year increases of 6% and 7%, but earnings estimates have seen slight downward revisions [10]. - DRI's stock has increased by 19.4% over the past year [11]. Comparison and Conclusion - EAT is trading at a forward P/E ratio of 15.00X, above its two-year median of 12.23X, while DRI's forward P/E is at 17.89X, close to its median of 17.21X [14]. - Brinker is viewed as the more attractive investment option due to its strong marketing, menu innovation, and expansion efforts, leading to improved earnings outlook and investor confidence [16][17]. - Darden remains a solid operator but shows softer growth estimates, leading to a more cautious analyst outlook [17].
Top Wall Street analysts recommend these 3 dividend stocks for income investors
CNBC· 2025-04-06 11:18
Group 1: Rithm Capital - Rithm Capital (RITM) is a global asset manager focusing on real estate, credit, and financial services, operating as a real estate investment trust (REIT) for tax purposes [3][4] - The company announced a dividend of $0.25 per share for Q1, with total dividends paid since inception amounting to approximately $5.8 billion, resulting in a dividend yield of about 8.9% [4] - RBC Capital analyst Kenneth Lee reiterated a buy rating on RITM with a price target of $13, noting the company's shift towards an alternative investment manager model [5][6] - Management is considering restructuring to a C-corp structure and evaluating a potential spin-off of Newrez, which would allow RITM to reallocate capital into other investment areas [7] Group 2: Darden Restaurants - Darden Restaurants (DRI), owner of Olive Garden and LongHorn Steakhouse, reported better-than-expected earnings for Q3 FY25 but missed revenue expectations due to adverse weather [9] - The company declared a quarterly dividend of $1.40 per share, with a dividend yield of 2.8% [9] - JPMorgan analyst John Ivankoe reaffirmed a buy rating on DRI, raising the price target to $218 from $186, and highlighted strong comparable sales trends for Q4 FY25 [10][11] - Darden's operating margin is expected to expand from 12.1% in FY25 to 12.3% in FY28, supported by promotional strategies and the rollout of Uber Direct at qualifying locations [12] Group 3: Enterprise Products Partners - Enterprise Products Partners L.P. (EPD) is a midstream energy services provider that paid a cash distribution of $0.535 per unit for Q4 2024, reflecting a 3.9% year-over-year increase [14] - EPD stock offers a yield of 6.4% and has achieved 26 consecutive years of distribution growth, with a distributable cash flow coverage of 1.7 times the declared distributions [15] - RBC Capital analyst Elvira Scotto reiterated a buy rating on EPD with a price target of $37, citing a project backlog increase to $7.6 billion, primarily in Permian gathering and processing [16][17] - Scotto expressed optimism about EPD's consistent cash flows and solid balance sheet, which will support planned growth expenditures and additional opportunities [18]
Darden Restaurants(DRI) - 2025 Q3 - Quarterly Report
2025-04-01 20:09
For the quarterly period ended February 23, 2025 Table of Contents Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number DARDEN RESTAURANTS, INC. For the transition period from to 1-13666 (Exact name of registrant as specified in its charter) Florida 59-3305930 (State or other ...
3 Momentum Stocks Near 52-Week Highs to Watch for More Growth
MarketBeat· 2025-03-28 12:18
When a stock trades at or near its 52-week average, it can be a sign of bullish momentum. Many investors consider 52 weeks to be a significant length of time to compare a stock’s price performance to its near-term prospects. If the stock is rising because of forthcoming catalysts, hitting a 52-week high can be just the beginning. Part of the attraction of buying stocks that are trading near their 52-week highs is psychological. Many investors see this as a bullish indicator and will bid the stock higher. Ho ...
Olive Garden Parent Hits All-Time High as Market Rally Gathers Steam
ZACKS· 2025-03-25 16:20
分组1 - Darden Restaurants reported quarterly earnings of $2.80 per share, slightly below the Zacks Consensus Estimate of $2.81, with sales of $3.16 billion, a 6.2% year-over-year increase, but also below analysts' expectations [6][8] - The company's flagship restaurant, Olive Garden, saw revenues increase by 1.5% year-over-year to $1.33 billion, indicating that consumer sentiment changes are not significantly affecting dining out spending [8][9] - Darden's management provided optimistic guidance, forecasting same-store sales growth of 3% and a profit of $2.93 per share for the current quarter, reflecting a 10.6% increase compared to the same quarter last year [9][12] 分组2 - Darden operates over 2,100 locations across the United States and Canada, with a portfolio that includes casual dining chains like Olive Garden and LongHorn Steakhouse, as well as fine dining establishments [7] - The company has a partnership with Uber for Olive Garden and is piloting a new program for Cheddar's Scratch Kitchen locations, which could enhance delivery services [10] - Market participants are optimistic about Darden's future performance, as evidenced by the stock reaching an all-time high despite mixed earnings results [10][12]
Darden Q3 Earnings Miss Estimates, Same-Store Sales Rise Y/Y
ZACKS· 2025-03-20 18:01
Darden Restaurants, Inc. (DRI) reported third-quarter fiscal 2025 results, with earnings and revenues missing the Zacks Consensus Estimate. The top and bottom lines increased on a year-over-year basis.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.DRI’s Fiscal Q3 Earnings & RevenuesDuring the fiscal third quarter, Darden reported adjusted earnings per share (EPS) of $2.80, missing the Zacks Consensus Estimate of $2.81. In the prior-year quarter, DRI reported an adjusted EPS of $2.6 ...
Darden: Still Growing, Still Holding
Seeking Alpha· 2025-03-20 17:45
Today we maintain our hold rating after a profitable long trade on Darden Restaurants, Inc. (NYSE: DRI ). The position now is what we refer to as a house position at BAD BEAT Investing. That is, the positionSelloff got you down? We are thriving during it at BAD BEAT InvestingWe have the right high-conviction picks that have done well in this selloff. We also have pinpointed areas to buy during the correction. Enjoy more rapid-returns with our strategy to advance your savings and retirement timeline by embra ...
Darden: Q3 Results Shake Off Recession Fears
Seeking Alpha· 2025-03-20 16:47
Shares of Darden Restaurants, Inc. (NYSE: DRI ) surged over 6% on Thursday, even as the company delivered mixed quarterly results . Given increased pessimism about the economy and discretionary spending, DRI results were notOver fifteen years of experience making contrarian bets based on my macro view and stock-specific turnaround stories to garner outsized returns with a favorable risk/reward profile. If you want me to cover a specific stock or have a question for an article, just let me know!Analyst’s Dis ...