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REVEALED: 3 | Rare Historical Photos

Stocks Climb Before the Open as Investors Await U.S. Economic Data, BoE Decision in Focus

June S&P 500 E-Mini futures (ESM24) are up +0.37%, and June Nasdaq 100 E-Mini futures (NQM24) are up +0.62% this morning as trading resumed after the Juneteenth holiday, with investors looking ahead to a new round of U.S. economic data.

Barchart

Flavor Flav orders entire Red Lobster menu in effort to save chain following bankruptcy

Public Enemy rapper says he will do ‘everything to help Red Lobster’ after chain restaurant filed for Chapter 11 bankruptcy

The Independent UK

Stocks Climb on Upbeat Micron Results and Fed Rate Cut Signals, U.S. PMI Data and Nike Earnings in Focus

Investors are cheering forecast-beating quarterly results and guidance from Micron as well as the Fed’s unchanged projection for three rate cuts this year while also awaiting U.S. business activity data and earnings reports from Nike and FedEx.

Barchart

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Nasdaq Futures Climb on Upbeat Micron Results and Fed Rate Cut Signals, U.S. PMI Data and Nike Earnings in Focus

June Nasdaq 100 E-Mini futures (NQM24) are trending up +0.66% this morning as investors cheered forecast-beating quarterly results and guidance from Micron as well as the Fed’s unchanged projection for three rate cuts this year while also awaiting U.S. business activity data and earnings reports from Nike and FedEx.

Barchart

Darden Restaurants finishes $715 million Ruth’s Chris deal

The Orlando, Florida-based owner of Olive Garden and other chains has finished its $715 million deal to buy Winter Park, Florida-based Ruth’s Hospitality Group.

Orlando Sentinel

This Type Of Restaurant Is Thriving Right Now, Yet Olive Garden Struggles: Here's Why

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 and operators are experiencing diminishing margins on their bottom line.

Benzinga

$1.2 Million Bet On Darden Restaurants? 3 Stocks Insiders are Buying

Although US stocks closed lower on Thursday, there were a few notable insider trades.

Benzinga

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These 2 Restaurant Stocks Are Delicious. Avoid This One, BofA Says

Analysts at BofA Securities initiate coverage of Texas Roadhouse Inc. (NASDAQ: TXRH) and Darden Restaurants Inc.

Benzinga

Where Darden Restaurants Stands With Analysts

Within the last quarter, Darden Restaurants (NYSE:DRI) has observed the following analyst ratings:

Benzinga

Read How Analysts Reacted To Darden Restaurants' Q4 Results

Wedbush analyst Nick Setyan lowered the price target on Darden Restaurants Inc (NYSE:DRI) to $122 (3% upside) from $140 and kept a Neutral rating on the shares. The analyst noted that FY23 guidance is predicated on normalization in inflation trends in the second half and has lowered his FY23 EPS estimate to $7.60 from $8.41…

Benzinga

Deutsche Bank Maintains Hold Rating for Darden Restaurants: Here's What You Need To Know

Deutsche Bank has decided to maintain its Hold rating of Darden Restaurants (NYSE:DRI) and lower its price target from $152.00 to $124.00. Shares of Darden Restaurants are trading up 2.6% over the last 24 hours, at $118.60 per share.

Benzinga

Why Darden Restaurants Stock Is On The Move Today

Darden Restaurants Inc (NYSE: DRI) shares are trading higher Thursday morning after the company reported better-than-expected financial results, issued guidance above analyst estimates and announced a buyback.

Benzinga

Darden Restaurants: Q4 Earnings Insights

Darden Restaurants (NYSE:DRI) reported its Q4 earnings results on Thursday, June 23, 2022 at 07:00 AM. Here's what investors need to know about the announcement.

Benzinga

Earnings Outlook For Darden Restaurants

Darden Restaurants (NYSE:DRI) is set to give its latest quarterly earnings report on Thursday, 2022-06-23. Here's what investors need to know before the announcement. Analysts estimate that Darden Restaurants will report an earnings per share (EPS) of $2.21.

Benzinga

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Benzinga

Where Darden Restaurants Stands With Analysts

Within the last quarter, Darden Restaurants (NYSE:DRI) has observed the following analyst ratings:

Benzinga

Stock Wars: Darden Restaurants Vs. Dave & Buster's

Benzinga’s weekly Stock Wars matches up two leaders in a major industry sector with the goal of determining which company is the better investment.

Benzinga

Wednesday Is Your Last Chance To Buy Darden Restaurants Before The Dividend Payout

Wednesday marks the last chance for investors to receive the next dividend payout from Darden Restaurants (NYSE:DRI).

Benzinga

Analysts Slash Price Target On This Restaurant Company Post Q3 Results

Credit Suisse analyst Lauren Silberman lowered the price target on Darden Restaurants Inc (NYSE:DRI) from $180 to $175 and maintained Outperform rating on the shares. The revised price target implies a 34% upside. While the analyst acknowledged the concerns about the discretionary nature of casual dining, she believes Darden is well-positioned to wade through near-term…

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Orlando Sentinel

Omicron leads to 13,000+ Darden employees out sick in January

Darden Restaurants was hit hard by the omicron variant of the coronavirus pandemic in January, with more than 13,000 employees missing work that month, company leaders revealed Thursday.

Benzinga

$100 Invested In Darden Restaurants 20 Years Ago Would Be Worth This Much

Darden Restaurants (NYSE:DRI) has outperformed the market over the past 20 years by 1.53% on an annualized basis producing an average annual return of 8.62%. Currently, Darden Restaurants has a market capitalization of $17.00 billion.

Benzinga

Darden Restaurants: Q3 Earnings Insights

Darden Restaurants (NYSE:DRI) reported its Q3 earnings results on Thursday, March 24, 2022 at 07:00 AM. Here's what investors need to know about the announcement.

Benzinga

Darden Restaurants's Earnings: A Preview

Darden Restaurants (NYSE:DRI) is set to give its latest quarterly earnings report on Thursday, 2022-03-24. Here's what investors need to know before the announcement. Analysts estimate that Darden Restaurants will report an earnings per share (EPS) of $2.12.

Benzinga

What 9 Analyst Ratings Have To Say About Darden Restaurants

Analysts have provided the following ratings for Darden Restaurants (NYSE:DRI) within the last quarter:

Benzinga

Will Chart Analysts Notice Bad Omen on Darden Restaurants's Chart

If history is any guide, there may be trouble ahead for shares of Darden Restaurants (NYSE:DRI). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.

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