Jim Cramer on Darden: “I Wish I Could Just Say Go Buy It”

Core Viewpoint - Darden Restaurants, Inc. is facing mixed sentiments ahead of its fiscal 2026 first-quarter earnings report, with a recommendation to buy shares cautiously before the results are announced [1][2]. Group 1: Company Overview - Darden Restaurants, Inc. operates a network of full-service restaurants in the U.S. and Canada, owning popular brands such as Olive Garden and LongHorn Steakhouse [2]. - The company has a history of strong financial performance, with recent quarters showing consistent results [2]. Group 2: Market Sentiment and Recommendations - Jim Cramer noted that the restaurant sector has recently fallen out of favor, suggesting a cautious approach to investing in Darden [1]. - Cramer advised potential investors to consider buying shares of Olive Garden ahead of the earnings report, with a strategy to increase holdings if the stock price declines post-results [1]. - The company is recognized for its solid dividend, which adds to its appeal despite the unpredictability in the restaurant industry [1]. Group 3: Future Outlook - Darden's management provided a positive full-year forecast during a recent conference call, indicating confidence in the company's future performance [2]. - CEO Rick Cardenas introduced a new five-year plan that was well-received, suggesting a strategic direction that could enhance long-term growth [2].