Darden Analysts Breakdown Q4 Results: Olive Garden Lags, LongHorn Steakhouse Outperforms
Darden Restaurants(DRI) Benzinga·2024-06-21 16:01
Loading... The results came amid an exciting earnings season. Here are some key analyst takeaways. Analyst Sara Senatore maintained a Buy rating, while raising the price target from $180 to $185. "We subscribe to Darden's view that slower input cost growth – commodities and labor – is a natural counterweight to slower demand growth and continue to believe that DRI can meet or exceed its long term growth algorithm, albeit with the balance of growth shifted to margin expansion," the analyst further wrote. Dar ...