With food inflation still surging, up 8% for the twelve months ended August, and the Russia-Ukraine war adding to global food constraints, it's easy to see why restaurant brands...
Wedbush raised the price target on Darden Restaurants, Inc. (NYSE: DRI) from $122 to $134. Wedbush analyst Nick Setyan maintained the stock with a Neutral rating. Darden shares...
Today’s instrument is the Darden Restaurants stock traded on the NYSE exchange under the ticker DRI.
-- Darden Restaurants, Inc. (NYSE:DRI) today reported its financial results for the first quarter ended August 28, 2022. First Quarter 2023 Financial Highlights Total sales...
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Darden Restaurants, Inc. is a full-service restaurant company. The Company operates through four segments: Olive Garden, LongHorn Steakhouse, Fine Dining and Other Business. The Company owns and operates approximately 1,867 restaurants through subsidiaries in the United States and Canada under the Olive Garden, LongHorn Steakhouse, Cheddars Scratch Kitchen, Yard House, The Capital Grille, Seasons 52, Bahama Breeze, Eddie Vs Prime Seafood, and The Capital Burger trademarks. The Olive Garden segment includes its Company-owned Olive Garden restaurants in the United States and Canada. The LongHorn Steakhouse segment includes the results of its Company-owned LongHorn Steakhouse restaurants in the United States. The Fine Dining segment comprises its brands that operate within the fine-dining sub-segment and includes its Company-owned The Capital Grille and Eddie V’s restaurants in the United States. It also has approximately 60 restaurants operated by independent third parties.
|Average||141.26 (+11.83% Upside)|
|No. of Analysts||25|