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- Darden Restaurants faced a challenging quarter with both revenue and earnings missing estimates, but favorable annual guidance and improving sales trends are driving the stock rally.
seekingalpha.com › article › 4722089-darden-restaurants-market-liking-what-it-sees
In 1995, General Mills decided to spin off its restaurant chains to focus on consumer food products. The new company was named Darden Restaurants, after Red Lobster's founder. General Mills stockholders received one share of Darden for every common share of General Mills held.
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Feb 27, 2024 · As dramatic as those closures might be, they may not have spun as many heads as the complete shutdown nearly 30 years ago of a 51-unit chain in a single day. What grabbed attention was the company pulling the plug: Darden Restaurants, better known as the Midas-like operation that ran Olive Garden and Red Lobster at the time.
5 days ago · Darden Restaurants’ earnings and revenue missed Wall Street’s estimates in its fiscal first quarter. CEO Rick Cardenas said the company fell short of its own expectations for the quarter. The ...
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May 26, 2024 · Darden Restaurants, Inc. (NYSE:DRI) today reported its financial results for the fourth quarter and fiscal year ended May 26, 2024.
5 days ago · (RTTNews) - Darden Restaurants Inc. (DRI) on Thursday maintained its fiscal 2025 outlook after reporting higher first-quarter earnings, though it missed the Street estimates.
Jul 18, 2024 · Darden Restaurants will acquire Chuy's in a deal worth approximately $605 million, the companies announced jointly Wednesday. Darden, which already owns popular restaurant brands such as...
Aug 25, 2024 · ORLANDO, Fla., Sept. 19, 2024 /PRNewswire/ -- Darden Restaurants, Inc. (NYSE: DRI) today reported its financial results for the first quarter ended August 25, 2024. First Quarter 2025 Financial Highlights, Comparisons Versus Same Fiscal Quarter Last Year.