Shares of Darden Restaurants, Inc. (DRI) have surged to a new high, capturing the attention of investors eager to capitalize on its robust performance in the casual dining sector. On Thursday, the stock reached a new 52-week high of $188.94 before closing slightly lower at $188.66.As a stalwart in the industry, Darden's diversified portfolio, operational excellence and strategic initiatives have propelled it to new heights. Over the past three months, DRI has outperformed its peers, including Chipotle Mexic ...

Darden Restaurants (NYSE: DRI ), the crown jewel of full-service restaurants, is shining brighter now. This is a far cry from the mid-year outlook. Back then, only LongHorn SteakhouseI'm an Equity Analyst and Accountant specializing in restaurant stocks, with a strong foundation in Business Administration and Accounting, complemented by an MBA in Forensic Accounting and Controllership. As the founder of Goulart's Restaurant Stocks, I lead a company focused on analyzing restaurant stocks in the U.S. market. ...

I consider an investment ideal if it performs its core business in a sector projected to experience structural (organic) growth in excess of GDP growth over the next 5-10 years; profits from sustainable competitive advantages that translate into attractive unit economics; In the hands of competent, ethical, and long-term thinkers; with a fair valuationAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions ...

Darden Restaurants (NYSE: DRI ) became part of my research interest as I studied Texas Roadhouse's competitors ( TXRH ) more in-depth. In particular, I compared LongHorn Steakhouse to Texas Roadhouse . Since Darden's spin-off from General Mills, shareholders have seen anI focus on long term growth and dividend growth investing. I follow both the US and the European stock markets, looking for undervalued stock and/or for high quality dividend growing companies that provide me with cash to reinvest. Over time ...

Key TakeawaysThe S&P 500 slipped 0.1% on Thursday, Dec. 19, 2024, as stocks struggled to recover from the prior day's sell-off despite upbeat data on economic growth.Frozen potato distributor Lamb Weston reported an unexpected quarterly loss, citing weak international demand, and its shares tumbled.Darden Restaurants shares surged as sales growth from its LongHorn Steakhouse chain helped drive strong quarterly results. Major U.S. equities indexes finished Thursday little changed after a sharp sell-off a day ...

We have had a hold rating for the last few months following a successful public trade on Darden Restaurants, Inc. (NYSE: DRI ). We closed the trade to back out trading principal but suggestedMissed those gains? Come get moreWin with our playbook to advance your savings and retirement timeline by embracing a blended trading and investing approach at our one-stop shop.We activated our HOLIDAY deal ahead of our January 1st price increase. Act NOW & lock in our best price in years. Join Seeking Alpha's premier ...

Darden Restaurants’ sales climbed this quarter despite diners shying away from its fine-dining establishments.The company, owner of chains such as Olive Garden and LongHorn Steakhouse, released earnings Thursday (Dec. 19) that showed total sales increasing 6% to $2.9 billion.While sales were up 7.5% at LongHorn and 2% for Olive Garden, sales for the company’s fine dining restaurants — Ruth’s Chris Steak House, Eddie V’s Prime Seafood and The Capital Grille — fell by nearly 6% for the quarter.CEO Rick Carden ...

Shares of Darden Restaurants, Inc. (NYSE: DRI ) have been a choppy performer over the past year, as years of elevated inflation have sapped consumers of some discretionary purchasing power. However, investors got good news on ThursdayOver 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!Ana ...

What's cooking at Darden Restaurants? Thursday's stock surge reflected a robust earnings report with a side of bullish guidance.Shares of Darden Restaurants (DRI 14.96%) soared to a new all-time high on Thursday morning following the release of robust second-quarter results. The restaurant operator's stock peaked at an overnight gain of 18.1% before backing down to a 15.5% uptick at 1:30 p.m. ET.Darden's Q2 by the numbersThe company behind restaurant chains such as Olive Garden, Cheddar's Scratch Kitchen, a ...

Darden Restaurants, Inc. (NYSE:DRI) Q2 2025 Earnings Conference Call December 19, 2024 8:30 AM ET Company Participants Phil McClain - Vice President, Finance and Investor Relations Rick Cardenas - President and Chief Executive Officer Raj Vennam - Senior Vice President and Chief Financial Officer Conference Call Participants David Palmer - Evercore ISI Eric Gonzalez - KeyBanc Capital Markets Jim Salera - Stephens Peter Saleh - BTIG Jeffrey Bernstein - Barclays Sara Senatore - Bank of America Andrew Charles ...