Darden Restaurants CEO Rick Cardenas said high prices at fast food restaurants are benefitting casual sit-down restaurants, like his competitors Chili's Grill & Bar and Applebee's.

Darden Restaurants CEO Rick Cardenas said there's been a small shift from fast food to casual dining. American fast-food consumers have expressed frustration with rising prices.

“We're not going to do things to buy sales even with the increasing discounting our competitors are doing,” the chain's CEO said. “Our focus is on profitable sales growth.

Darden Restaurants CEO Rick Cardenas said certain casual-dining chains are stealing some fast-food restaurants' customers. Chili's, Applebee's and other casual-dining chains have been trying to win...

Darden's (DRI) fourth-quarter fiscal 2024 top line reflects solid segmental contributions and benefits from company-owned Ruth's Chris restaurants.

Darden Restaurants (DRI) came out with quarterly earnings of $2.65 per share, beating the Zacks Consensus Estimate of $2.62 per share. This compares to earnings of $2.58 per share a year ago.

Darden's (DRI) fourth-quarter fiscal 2024 results are likely to reflect the benefits of robust comparable sales.

During the summer months, demand for food and beverages increases as people spend more time outside and on vacations. This results in increased sales and revenue for food companies.

Darden Restaurants has proven a reliable long-term stock, delivering a 10% annual shareholder return over any 10-year period since its spin-off. Recent trends show a slowdown, making the stock unde...

Get a deeper insight into the potential performance of Darden Restaurants (DRI) for the quarter ended May 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimat...

ORLANDO, Fla. , May 22, 2024 /PRNewswire/ -- Darden Restaurants, Inc., (NYSE: DRI) plans to release its fiscal 2024 fourth quarter financial results before the market opens on Thursday, June 20, 20...

Share repurchases are a controversial topic because they often do little more than hide the impact of share-based compensation or amplify (at face value) sluggish earnings growth. However, as with ...

The restaurant industry is difficult. Competition is fierce.

Macroeconomic headwinds are buffeting consumer confidence and bringing volatility especially to high-growth stocks on Wall Street. Therefore, investors look at sectors outside technology, like thes...

Darden Restaurants, the parent company of Olive Garden and LongHorn Steakhouse, faces challenges in a tough industry with rising food and labor costs. Darden's scale advantage and strong performanc...