Exhibit 99.1 Darden Restaurants Reports Fiscal 2024 Fourth Quarter and Full Year Results; Increases Quarterly Dividend; And Provides Fiscal 2025 Outlook ORLANDO, Fla., June 20, 2024 /PRNewswire/ -- Darden Restaurants, Inc. (NYSE:DRI) today reported its financial results for the fourth quarter and fiscal year ended May 26, 2024. Fourth Quarter 2024 Financial Highlights | Consolidated Darden* | 0.0% | | --- | --- | | Olive Garden | (1.5)% | | LongHorn Steakhouse | 4.0% | | Fine Dining* | (2.6)% | | Other Busi ...

Fourth Quarter 2024 Financial Highlights | --- | --- | |-----------------------------------|-------------------| | | | | Consolidated Darden* Olive Garden | 0.0 % (1.5) % | | LongHorn Steakhouse | 4.0 % | | Fine Dining* | (2.6) % | | Other Business | (1.1) % | Fiscal 2024 Financial Highlights | --- | --- | |----------------------|-----------| | | | | Consolidated Darden* | 1.6 % | | Olive Garden | 1.6 % | | LongHorn Steakhouse | 4.7 % | | Fine Dining* | (2.4) % | | Other Business | (0.7) % | * Will not incl ...

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. What are the Zacks Style Scores? The Style Scores are broken down into four categories: Growth Score 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 ...

Loading... Darden Restaurants, Inc. DRI will release earnings results for its fiscal 2024 fourth quarter, before the opening bell on Thursday. On March 21, Darden Restaurants reported mixed results for its third quarter. Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables. Raymond James analyst Brian Vaccaro reiterated an Outperform rating and cut the price target from $175 to ...

Darden Restaurants, Inc. (DRI) is scheduled to report fourth-quarter fiscal 2024 results on June 20, before the opening bell. In the last reported quarter, DRI earnings missed the Zacks Consensus Estimate by 0.4%. Factors to Note DRI's fiscal fourth-quarter results are likely to reflect robust performances of Fine Dining and LongHorn Steakhouse. Our model predicts sales at LongHorn Steakhouse, Fine Dining and Other revenues to increase 0.2%, 79.5% and 5.7% from the year-earlier levels to $713.2 million, $37 ...

Finding the best food stocks to buy to grow your portfolio is challenging as an investor. Food stocks present attractive prospects as they provide steady returns even in volatile markets due to their "defensive" nature. June might just be an ideal month to buy food stocks with high-quality prospects. For a balanced portfolio, we've identified the top three food stocks to buy in June 2024 that are poised to outperform. And here's why: Source: Tatjana Baibakova / Shutterstock The company recently endorsed a s ...

Retail sales are expected to climb for the first time since January. (0:18) How can you build a rate-agnostic portfolio? (1:34) Deadpool & Wolverine set for a record open. (3:52) It's a rare midweek holiday for Wall Street with the stock and bond markets closed for the Juneteenth Holiday on Wednesday. Four-day trading weeks usually mean lower volume and added volatility. That will be exacerbated on Friday with the Triple Witching expiration of options, stock index futures and stock index options. Walmart's ...

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 ...