DRI - DRI ダ―デン・レストランツ （）

https://www.investing.com/news/pro/dardem-rest-receives-investment-bank-analyst-rating-update-3097076

Wedbush analyst Nick Setyan reiterated an Outperform rating on the shares of Darden Restaurants Inc (NYSE: DRI ) and raised the price target from $165 to $175. The analyst''s FQ4 Olive Garden checks point to same-store-sales growth at least in line with the consensus of 4.7%. The analyst said that positive aspects included improved guest counts, sustained levels of off-premise sales, and improved staffing levels. Based on the checks, the analyst increased FQ4 Olive Garden same-store sales growth estimate to 5.0% from 4.5%. The analyst also raised LongHorn same-store … Full story available on Benzinga.com

Have you heard of Darden Restaurants? How about Olive Garden? Bahama Breeze? Seasons 52? All are part of Darden Restaurants, an Orlando-based restaurant group that also includes Cheddar''s Scratch Kitchen, Longhorn Steakhouse, Yard House, and The Capital Grille.

Investors looking for bargains in the restaurant sector may consider ordering a slice of the pie from Papa John''s International Inc. (NASDAQ: PZZA ). The pizza giant may be ready to deliver more dough to investors as it serves up a corporate turnaround. Like all restaurant chains, Papa John''s has been hit by higher input costs, especially in the areas of higher commodity prices and higher wages. However, Papa John''s can''t simply blame inflation for an earnings decline; revenue has been trending lower for the past five quarters. You can track those year-over-year declines using MarketBeat''s Papa John''s International earnings data. In recent months, rival restaurant chains such as Chipotle Mexican Grill Inc. (NASDAQ: CMG ) , Darden Restaurants Inc. (NYSE: DRI ) , Wingstop Inc. (NYSE: WING ) and Texas Roadhouse Inc. (NASDAQ: TXRH ) have been in growth mode, despite facing similar labor and cost challenges as Papa John''s. Growth At Rival Pizza Chains Yum Brands Inc. (NYSE: YUM ) posted year-over-year revenue growth of 4.1% in its Pizza Hut segment, while Papa John''s saw revenue decline by 3%.

On Wednesday, Darden Restaurants got an upgrade for its IBD SmartSelect Composite Rating from 94 to 96.

Darden Restaurants is posting strong results, but the future is all about how it invests in its people.

Darden Restaurants, Inc. (NYSE:DRI – Get Rating) – Analysts at KeyCorp upped their Q4 2023 earnings estimates for Darden Restaurants in a report released on Monday, March 27th. KeyCorp analyst E. Gonzalez now anticipates that the restaurant operator will post earnings of $2.54 per share for the quarter, up from their previous forecast of $2.53. […]

With the mini-banking crisis ebbing, the Fed poised to stop raising interest rates, and strong economic growth, it’s a good time to find undervalued growth stocks to buy. Significant parts of most of the American banks that have failed in recent weeks have been acquired, while a troublesome European bank, Credit Suisse, was bought by UBS (NYSE: UBS ). Meanwhile, the flow of deposits from small banks to large banks “has slowed to a trickle in recent days, CNBC reported on March 25. The latter data indicate that the banking sector is quickly returning to normal after the mini-crisis. As a result, the mini-crisis is unlikely to trigger a recession and almost certainly won’t result in a credit crunch. Further, the Fed is poised to finally take its foot off the brake, as most Fed officials expect to raise rates minimally for the rest of this year. On the economic front, the labor market continues to be very strong, and the central bank expects the economy to grow at a scintillating, annualized pace of 3.2% this quarter.

On CNBC’s " Halftime Report Final Trades ," Jenny Harrington of Gilman Hill Asset Management picked Columbia Banking System, Inc. (NASDAQ: COLB ), which is a regional bank. It has a 5.9% yield. Piper Sandler recently upgraded Columbia Banking System from Neutral to Overweight and announced a $32 price target. Don’t forget to check out our premarket coverage here Stephen Weiss of Short … Full story available on Benzinga.com

Darden Restaurants, Inc. (NYSE:DRI – Get Rating) – Stock analysts at KeyCorp raised their FY2023 earnings per share (EPS) estimates for Darden Restaurants in a research note issued on Monday, March 27th. KeyCorp analyst E. Gonzalez now expects that the restaurant operator will earn $7.96 per share for the year, up from their prior forecast […]

DRI has done well navigating a difficult food inflationary environment. Darden has nicely growing traffic and SSS and FQ3 should be strong. Read more here.

There’s little doubt, in my mind, that most middle-class and upper-class U.S. consumers are in fairly good shape, making February a great time to find undervalued consumer stocks to buy. For evidence of that assertion, look at the recently reported fourth-quarter results of two major automakers: Tesla (NASDAQ: TSLA ) and Stellantis (NYSE: STLA ). The latter company’s major brands include Fiat and Chrysler. Then, consider the most recently reported results of the large hotel chain Mariott (NASDAQ: MAR ) and the fast-casual dining chain Darden (NYSE: DRI ). Tesla’s top line jumped 37% year-over-year, and its net income climbed 59% YOY. Stellantis’ top line jumped 18% in 2022, while its net profit jumped 26%. As for Marriott, its Q4 revenue rocketed 33% higher, and its bottom line jumped 44% YOY. Meanwhile, the bears have recently focused on emphasizing the supposedly high debt load of American consumers. But according to the St. Louis Fed, as of the third quarter of 2022, the ratio of U.

Darden Restaurants, Inc. - Consensus Indicates Potential 6.9% Upside

NEWARK, DE / ACCESSWIRE / February 13, 2023 / The restaurants and mobile food services market is estimated to be valued at US$ 2.29 trillion in 2023 and is projected to record a CAGR of 3.0% between 2023 and 2033 to reach an expected valuation of US$ 3.08 trillion by 2033. The market for restaurants and mobile food services is anticipated to grow as technology replaces the meal delivery industry. The adoption of automation and improved procedures in the food industry is gradually gaining popularity as both businesses and consumers benefit. The market for restaurants and mobile food services has experienced spectacular expansion thanks to the social media era, Generation Z, and the twenty-first century. Online Food Delivery could have Deleterious Repercussions that Limit the Market''s Expansion. Customers are apprehensive about online food ordering because of a couple of its drawbacks. Even while food delivery provides numerous advantages, there are some drawbacks as well. When there is a lot of traffic, home delivery applications encounter problems.

Guggenheim Senior Analyst Gregory Francfort joins Yahoo Finance Live to discuss earnings for Darden Restaurants, consumer spending, weathering a recession, and the outlook for growth.