Darden Restaurants(DRI)

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Darden Restaurants Cooks Up Future Growth As Consumer Confidence Sizzles
Seeking Alpha· 2024-11-27 10:25
The Future Investor with Albert Anthony is a new series of curated research articles on the Seeking Alpha platform, focusing on growing a diversified portfolio and unlocking future drivers of performance.Albert Anthony is the pen name of a contributing analyst who has covered over +200 stocks on this platform since 2023, growing to over 1.07K followers. Based on this new article series, he is also working on a new book on Amazon to be called The Future Investor: Growing a Diversified Portfolio (2025 edition ...
Darden Restaurants to Host Fiscal 2025 Second Quarter Conference Call on December 19
Prnewswire· 2024-11-19 21:15
ORLANDO, Fla., Nov. 19, 2024 /PRNewswire/ -- Darden Restaurants, Inc., (NYSE: DRI) plans to release its fiscal 2025 second quarter financial results before the market opens on Thursday, December 19, 2024, with a conference call to follow at 8:30 am ET. Rick Cardenas, CEO, and other senior management will discuss second 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, I ...
Why Darden Restaurants (DRI) is a Top Value Stock for the Long-Term
ZACKS· 2024-11-13 15:46
It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium includes access to the Zacks Style Scores a ...
2 High-Yield Dividend Stocks That Are Screaming Buys Right Now
The Motley Fool· 2024-10-27 17:09
Want to add reliable dividend payers to your portfolio? These household names can deliver inflation-beating payouts for many years to come.Generous dividend yields can be dangerous. Double-digit dividend yields often show a company is in deep trouble, where a stalwart series of boosted payouts couldn't drive stock prices higher. At the same time, cash-machine businesses can power their payouts from excessive cash flows, resulting in a strong yield that can last for many years.Fortunately, a couple of perfec ...
Darden Expands Its Brand Portfolio With Chuy's Acquisition
ZACKS· 2024-10-14 17:11
Darden Restaurants, Inc. (DRI) has completed the acquisition of Chuy's Holdings, Inc., following the merger agreement announced on July 17, 2024. The all-cash transaction has an enterprise value of about $605 million. A majority of Chuy's Holdings stockholders approved the deal on Oct. 10, 2024. The company financed the acquisition using proceeds from a $400 million offering of 4.35% senior notes due 2027 and a $350 million offering of 4.55% senior notes due in 2029. These notes were issued on Oct. 3, 2024. ...
Signal Says 'Buy the Dip' on This Restaurant Stock
Schaeffers Investment Research· 2024-10-11 17:44
Olive Garden parent Darden Restaurants, Inc (NYSE:DRI) was last seen down 0.9% at $157.22. The shares have been unable to maintain their September six-month highs, which came after an upbeat earnings and report partnership reveal sent the stock gapping higher by 8.3%. Since then though, the equity has dropped into the red for 2024 and logged eight of its last 10 sessions lower. All is not lost, if past is precedent, as DRI looks to be approaching a historically bullish trendline. According to the latest dat ...
Darden Restaurants Completes Acquisition of Chuy's Holdings, Inc.
Prnewswire· 2024-10-11 13:00
ORLANDO, Fla., Oct. 11, 2024 /PRNewswire/ -- Darden Restaurants, Inc. ("Darden") (NYSE:DRI) today announced that it has completed the acquisition of Chuy's Holdings, Inc. ("Chuy's Holdings") in an all-cash transaction with an enterprise value of approximately $605 million. The transaction was approved by a majority of Chuy's Holdings stockholders on October 10, 2024. This follows the merger agreement that was announced on July 17, 2024. Darden Restaurants, Inc. Logo. (PRNewsfoto/Darden Restaurants, Inc.: Ge ...
Editas Medicine Announces $50+ Million Monetization Financing with DRI Healthcare Trust
GlobeNewswire News Room· 2024-10-03 22:00
CAMBRIDGE, Mass., Oct. 03, 2024 (GLOBE NEWSWIRE) -- Editas Medicine, Inc. (Nasdaq: EDIT), a clinical-stage gene editing company, today announced the sale of certain future license fees and other payments owed to Editas Medicine under its Cas9 license agreement with Vertex Pharmaceuticals to a wholly-owned subsidiary of DRI Healthcare Trust (DRI) for an upfront cash payment of $57 million. The upfront cash payment brings non-dilutive capital to Editas Medicine, helping enable further pipeline development and ...
Insider Sale: SVP Susan Connelly Sells Shares of Darden Restaurants Inc (DRI)
Gurufocus· 2024-10-02 18:03
Susan Connelly, the Senior Vice President, Chief Communications and Public Affairs Officer of Darden Restaurants Inc (DRI, Financial), sold 3,320 shares of the company on October 1, 2024. The transaction was reported in a recent SEC Filing. Following this sale, the insider now owns 6,154.508 shares of Darden Restaurants Inc. Darden Restaurants Inc operates full-service restaurants in the United States and Canada. Its brands include Olive Garden, LongHorn Steakhouse, Cheddar's Scratch Kitchen, Yard House, Th ...
Top Wall Street analysts prefer these dividend stocks to strengthen portfolios
CNBC· 2024-09-29 11:03
The Federal Reserve recently cut interest rates by 50 basis points, setting a favorable backdrop for dividendpaying stocks. Wall Street analysts' recommendations and in-depth analysis can help investors choose dividend stocks that can enhance total returns with passive income and stock price appreciation. Here are three dividend stocks, highlighted by Wall Street's top pros on TipRanks, a platform that ranks analysts based on their past performance. Northern Oil and Gas This week's first dividend stock is N ...