Darden's Earnings Preview: Comparing LongHorn Steakhouse Vs. Texas Roadhouse
Darden Restaurants(DRI) Seeking Alpha·2024-06-14 15:41
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 ...