Darden Restaurants, Inc. (NYSE:DRI) has been able to generate a total shareholder return of over 10% annually on any 10 years since its spin-off from General Mills 29 years ago. As a result, it returned 363% vs. the 176% the S&P500 (SPY) achieved. However, in the past 5 years, DRI shares' return has only been 42% versus the S&P500 returning 88%. Even worse, in the past year, we have the index returning over 24% while Darden's stock is down 8%. We are in an interesting situation. If we find out Darden can st ...

Growth investors, on the other hand, are more concerned with a company's financial strength and health, and its future outlook. The Growth Style Score examines things like projected and historic earnings, sales, and cash flow to find stocks that will experience sustainable growth over time. Momentum trading is all about taking advantage of upward or downward trends in a stock's price or earnings outlook, and these investors live by the saying "the trend is your friend." The Momentum Style Score can pinpoint ...

While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding. Bearing this in mind, let's now explore the average estimates of specific Darden Restaurants metrics that are commonly monitored and projected by Wall Street analysts. The average prediction of analysts places 'Sales- Olive Garden' at $1.30 billion. The estimate points to a ch ...

ORLANDO, Fla., May 22, 2024 /PRNewswire/ -- Darden Restaurants, Inc., (NYSE: DRI) plans to release its fiscal 2024 fourth quarter financial results before the market opens on Thursday, June 20, 2024, 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 Restaurants, Inc. Fisc ...

Key Points Add to Watchlist is a consumer-oriented cyber safety and security firm operating brands that include Norton Lifelock and Avast!. The company is among the latest to issue a new or add-on share repurchase authorization, which is a big one. The company upped the ante by $2.5 billion to bring the total back to $3 billion. That's worth 20% of the market cap and more than offsets the impact of share-based compensation. The net result of share-based compensation, dilutive actions, and share repurchases ...

The restaurant industry is difficult. Competition is fierce. Consumers are picky. Workers are transitory. And profit margins can be razor thin. The National Restaurant Association estimates that only 20% of restaurants are successful. About 60% of all restaurants fail in their first year of operation, and 80% fail within five years of opening. Those are some depressing statistics and they help to explain why many restaurant stocks chronically underperform the broader market. Currently, there’s quite a long ...

Macroeconomic headwinds are buffeting consumer confidence and bringing volatility especially to high-growth stocks on Wall Street. Therefore, investors look at sectors outside technology, like these three restaurant stocks to buy. The sector has demonstrated remarkable resilience. Consumer spending at restaurants surging 5% in 2023, up from 4% in 2022. Regardless of inflation, restrained consumer spending and mounting concerns of potential stagflation, analysts still anticipate sustained demand for dining-o ...

Thomas Barwick/DigitalVision via Getty Images Darden Restaurants (NYSE:DRI), the parent company of Olive Garden and LongHorn Steakhouse, as well as half a dozen other restaurant chains, is the largest operator in a very tough industry. Furthermore, the current environment is more difficult than the norm. As of this February, the consumer price index pegged food away from home prices as up 4.5% from the prior year. The jump in prices is the result of an industry struggling with increasing food and labor cost ...

Is Red Lobster's Bankruptcy the End for This Beloved Chain? jeepersmedia / Flickr A report from Bloomberg today says that Red Lobster has engaged with a law firm as it decides whether to declare bankruptcy. With 649 locations spread throughout the United States, Red Lobster is one of the country’s more well-known sit-down chains.And yet, today it’s struggling under many difficulties including onerous leases, rising labor costs, and promotions like its Endless Shrimp promotion that led to significant losse ...

Darden Restaurants, Inc. (DRI) is benefiting from its focus on opening restaurants, Ruth’s Chris acquisition and its diversified brand portfolio.Shares of this casual dining restaurant operator have gained 2.5% in the past year against the Zacks Retail - Restaurants industry’s 2.7% decline. The uptrend is attributable to the company’s intent focus on enhancing and diversifying its product portfolio, along with leveraging and strengthening its competitive advantages.The Zacks Consensus Estimate for this Zack ...