NYSE:DRI
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Darden Restaurants, known primarily for its Olive Garden chain, is set to announce its earnings on Thursday. Analysts are expressing concern over the performance of Olive Garden, which is crucial for the company, as they focus on competitors like Texas Roadhouse and Brinker chains. While there is a possibility that the Olive Garden business might yield surprising results, some experts are skeptical about its ability to withstand rising prices. Recent downgrades indicate a declining sentiment among analysts, and shares have dropped from their peak, with the potential for further declines if price hikes are impacting consumer interest. Overall, there is cautious anticipation surrounding the upcoming report, especially given the competitive landscape and pricing challenges.
Last Friday they reported a strong quarter, which pushed the stock to new highs. Was already 19% for the year before Friday. It beat same-store sales, driven by Olive Garden and Longhorn Steakhouse. EPS also beat, and full-year forecast was solid. They announced share buybacks and raise the dividend to 2.7%. Average weekly deliveries nearly doubled the last 2 weeks of the quarter, thanks to a new program. But fine-dining sales declined. They plan expansion in places like Canada.
Darden Restaurants is a American stock, trading under the symbol DRI-N on the New York Stock Exchange (DRI). It is usually referred to as NYSE:DRI or DRI-N
In the last year, 3 stock analysts published opinions about DRI-N. 3 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Darden Restaurants.
Darden Restaurants was recommended as a Top Pick by on . Read the latest stock experts ratings for Darden Restaurants.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
3 stock analysts on Stockchase covered Darden Restaurants In the last year. It is a trending stock that is worth watching.
On 2025-10-06, Darden Restaurants (DRI-N) stock closed at a price of $193.27.
Yesterday, they reported, then shares plunged 12% in the last two sessions. Results were really mixed with same-store sales up 4.7% and beat expectations. But inflation is shrinking margins, so earnings missed. Management still slightly raised their full-year forecast, leaving earnings guidance unchanged. A big problem is high beef prices, not helped by sky-high Brazillian beef tariffs. DRI keeps prices blow the inflation rate, though, which boosts traffic to their restaurants. Also, customers will pay more for quality. Their deal with Uber Direct allows delivery from their website to reach a young, affluent customer. Food inflation is making this business tough, but this is temporary and Darden is doing all the right things. Trades at a reasonable PE.