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Darden Restaurants: An Appetizing Dividend Growth Stock
DRIDarden Restaurants(DRI) Seeking Alpha·2024-04-22 13:28

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 ...