Darden Restaurants Inc

Top Wall Street analysts prefer these dividend stocks to strengthen portfolios

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Top Wall Street analysts prefer these dividend stocks to strengthen portfolios

The Federal Reserve recently cut interest rates by 50 basis points, setting a favorable backdrop for dividend-paying stocks. Wall Street analysts’ recommendations and in-depth analysis can help investors choose dividend stocks that can enhance total returns with passive income and stock price appreciation. Here are three dividend stocks, highlighted by Wall Street’s top pros on TipRanks, a platform … Read more

Darden Restaurants (DRI) Q1 2025 earnings

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Darden Restaurants (DRI) Q1 2025 earnings

A sign hangs on the front of an Olive Garden restaurant on June 22, 2023 in Chicago, Illinois. Scott Olsen | Getty Images Darden Restaurants on Thursday reported weaker-than-expected quarterly earnings and revenue as sales weakened at Olive Garden and its fine dining restaurants. “While we fell short of our expectations for the first quarter, … Read more

The Fed goes big — jumpstarting lowering mortgage rates, boosting housing plays

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The Fed goes big — jumpstarting lowering mortgage rates, boosting housing plays

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: The Federal Reserve on Wednesday afternoon cut the fed funds overnight bank lending rate by 50 basis points to the range between 4.75% and 5%. … Read more

Fed rate decision, restaurant earnings

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Fed rate decision, restaurant earnings

CNBC’s Jim Cramer on Friday guided investors through next week’s top Wall Street action, highlighting a long-awaited interest rate decision from the Federal Reserve and earnings from restaurant chain companies Darden and Cracker Barrel. Investors are broadly expecting the central bank to issue a rate cut but are unsure whether it will be by 25 … Read more

Jim Cramer’s top 10 things to watch in the stock market Friday

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Jim Cramer’s top 10 things to watch in the stock market Friday

My top 10 things to watch Friday, Sept. 13 1. The S & P 500 is trying close out the second week of September trading with its fifth straight positive session. What a difference a week makes. The index has now erased almost all of last week’s bruising losses. At our September Monthly Meeting for … Read more

McDonald’s, Wendy’s, Burger King vie for low-income diners

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McDonald’s, Wendy’s, Burger King vie for low-income diners

The McDonald’s logo is displayed at a McDonald’s restaurant in Burbank, California, on July 22, 2024. Mario Tama | Getty Images Subway started phasing out its $5 footlong sandwiches a decade ago. But these days, other fast-food chains have revived the $5 price point, hoping to win over customers who have cut back their spending. … Read more

Jim Cramer’s top 10 things to watch in the stock market Tuesday

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Jim Cramer’s top 10 things to watch in the stock market Tuesday

My top 10 things to watch Tuesday, July 23 1. Several key earnings reports before the bell: General Motors posted big numbers , beating Wall Street’s expectations for the second quarter, and raised its financial targets for the rest of the year. United Parcel Service missed profit and sales estimates and lowered its guidance . … Read more

Darden Restaurants to acquire Chuy’s for approximately $605 million

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Darden Restaurants to acquire Chuy’s for approximately 5 million

Igor Golovniov | Getty Images Darden Restaurants will acquire Chuy’s Holdings for approximately $605 million in cash, the companies announced jointly on Wednesday. Darden agreed to acquire all outstanding shares of Chuy’s at $37.50 per share, according to a press release. The Tex-Mex restaurant chain joins Darden’s portfolio that includes restaurants such as Olive Garden, … Read more

Fast food diners switch to casual chains, Darden CEO says

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Fast food diners switch to casual chains, Darden CEO says

Customers arrive at an Olive Garden location in San Antonio, Texas. Callaghan O’Hare | Bloomberg | Getty Images Casual-dining chains are gaining customers who have grown frustrated with higher fast-food prices, Darden Restaurants CEO Rick Cardenas said on Thursday. While Darden itself hasn’t benefited from the shift, its competitors, like Chili’s owner Brinker International and … Read more

Darden Restaurants (DRI) Q4 2024 earnings

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Darden Restaurants (DRI) Q4 2024 earnings

Olive Garden Italian restaurant sign showing company logo, Spokane Valley, Washington, owned by Darden Restaurants Incorporated headquartered in Florida.  Universal Images Group | Getty Images Darden Restaurants on Thursday reported mixed quarterly results as Olive Garden’s same-store sales fell for the second consecutive quarter. For fiscal 2025, Darden is forecasting that its same-store sales will … Read more