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Olive Garden Gaining Market Share, A Bright Spot For Darden Restaurants
Tuesday, September 27, 2016 - 4:04pm | 350Read More...Wells Fargo sees Olive Garden as a relative bright spot for Darden Restaurants, Inc. (NYSE: DRI) in a darkening industry. Expectations Ahead of the release of its first-quarter earnings due on October 4, the firm said it believes the first quarter is the peak for fiscal year 2017 earnings per share...
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Darden Restaurants Reports Better Than Expected Q3, Shares Dip Slightly Lower
Tuesday, April 5, 2016 - 9:01am | 264Read More...Shares of Darden Restaurants, Inc. (NYSE: DRI) were trading lower by around 0.50 percent early Tuesday morning after the company reported its third-quarter results. Darden Restaurants said that it earned $1.21 per share in the third quarter on revenue of $1.85 billion. Wall Street analysts were...
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$400 For Dinner At Olive Garden? $1,699 At Ruby Tuesday? Welcome To New Year's Eve In Times Square
Monday, December 28, 2015 - 2:56pm | 186Read More...Darden Restaurants, Inc. (NYSE: DRI) is going high-end for one night and charging $400 a guest at its Olive Garden chain. According to Market Watch, Olive Garden in Times Square will be charging guests $400 for dinner on New Year's Eve. The price includes a DJ, open bar, and a buffet meal...
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Telsey Advisory Group Bullish On Darden Restaurants Post-Earnings
Monday, March 23, 2015 - 10:46am | 228Read More...In a report published Monday, Telsey Advisory Group analyst Peter Saleh upgraded shares of Darden Restaurants, Inc. (NYSE: DRI) to Outperform from Market Perform with a price target raised to $77 from a previous $61 following the company's third quarter report. Saleh noted that the company's third...
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Olive Garden's Pasta Pass Saga: How Did Twitter React?
Sunday, September 14, 2014 - 11:49am | 1312Read More...Darden Restaurants, Inc.'s (NYSE: DRI) Olive Garden appealed to the stomachs of pasta-lovers everywhere last week when it unveiled the "Never Ending Pasta Pass." The passes, which allow users to eat unlimited pasta, breadsticks, soup, salad and Coca-Cola for the seven-week period...
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Darden Ditches Red Lobster Chain, Halts Expansion Of Olive Garden & LongHorn Steakhouse
Friday, December 20, 2013 - 12:27pm | 591Read More...After reporting Q2 14 EPS of $0.20, in line with the consensus and revenue of $2.05 billion, short of the $2.07 billion consensus estimate, Darden Restaurants (NYSE: DRI) said it planned to sell or spin off its 705 restaurant Red Lobster chain. Although Red Lobster has been a weak performer of...
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Facebook Ending One Of Its Most Underwhelming Features (FB)
Monday, August 26, 2013 - 2:43pm | 635Read More...Say it ain’t so! According to CNET, Facebook (NASDAQ: FB) is saying goodbye to the sale of physical goods. In other words, you will no longer be able to send all of your Facebook friends a cupcake, flowers or commemorative mug for their birthday. Facebook basically said what everybody knows:...
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CEO Clarence Otis On Darden Restaurants' Cautious Planning (DRI)
Friday, June 21, 2013 - 10:24am | 440Read More...Darden Restaurants (NYSE: DRI) CEO Clarence Otis appeared on CNBC's Squawk Box to address issues in the broader economy that have impacted their stock, and to talk about the company overall. Responding to poor numbers requires them look at the broader economy, he said. According to Otis, they're...
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Don't Worry About Olive Garden's Rebranding, The Breadsticks Will Remain
Thursday, February 28, 2013 - 5:36pm | 789Read More...Because it’s worked so well for J.C. Penney (NYSE: JCP), Best Buy (NASDAQ: BBY), Hewlett-Packard (NYSE: HPQ) and RIM (sorry, Blackberry)(NYSE: BBRY), now another well-known brand is going to try it too. Olive Garden, one of the restaurant chains owned by Darden Restaurants (NYSE: DRI) announced...
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Darden Restaurants Shares at New Highs Following Earnings
Friday, September 21, 2012 - 10:56am | 642Read More...Darden Restaurants, Inc. (NYSE: DRI), which operates Red Lobster, Olive Garden and LongHorn Steakhouse restaurant chains, announced first quarter results for the three months ended August 26, 2012 showing earnings per share from continuing operations of $0.85, up 9 percent from the same period last...
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Darden Restaurants Earnings Preview: EPS, Sales Growth Expected
Thursday, September 20, 2012 - 7:25am | 560Read More...Darden Restaurants (NYSE: DRI), which is trading near a multiyear high, is scheduled to report its first-quarter fiscal 2013 results Friday, August 21 before market open. Investors will be looking to see whether the fortunes of the Olive Garden chain have improved and the company can build on four-...
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Darden Restaurants Earnings Preview: Double-Digit EPS Growth for Q3 Expected
Thursday, March 22, 2012 - 6:46am | 887Read More...Darden Restaurants (NYSE: DRI) is scheduled to report third-quarter fiscal 2012 results tomorrow, March 23, before the opening bell. Though revenue has risen in the past four quarters, the company's net income has fallen in each of the past two quarters. The question for investors is what effect...
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If Starbucks Can Put a Little Wang on its Shirts, Just Think of What Bill Clinton and Monica Lewinsky Could Do
Wednesday, September 28, 2011 - 1:48pm | 334Read More...Stained coffee marks are only the beginning. This week, Starbucks (NASDAQ: SBUX) announced that it had really made a mess of itself by teaming with designer Alexander Wang to produce a series of splotchy T-shirts for style-seeking women everywhere. Priced at $85 per shirt (the cost of nearly 20...
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Earnings Expectations for the Week of September 26
Sunday, September 25, 2011 - 7:57am | 909Read More...As the month and the calendar quarter wind down this week, only a handful of companies are scheduled to report their earnings results. These include Accenture (NYSE: ACN), Darden Restaurants (NYSE: DRI), Family Dollar (NYSE: FDO), Jabil Circuit (NYSE: JBL), McCormick (NYSE: MKC) and Walgreen (NYSE...
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Brinker International and Darden Restaurants End the Week Near 52-Week Highs
Friday, July 1, 2011 - 5:32pm | 283Read More...Brinker International (NYSE: EAT) and Darden Restaurants (NYSE: DRI) reached new 52-week highs of $26.49 and $53.63 per share, respectively, Friday afternoon. Brinker saw its board extend its share buyback program in June by $250 million, and back in March the company boosted its quarterly...
