Darden Announces Resignation of Jeffrey C. Smith From Board of Directors; Charles M. Sonsteby Elected Chairman

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Go back to Darden Announces Resignation of Jeffrey C. Smith From Board of Directors; Charles M. Sonsteby Elected Chairman

Jefferies Remains Sidelined on Darden Restaurants (DRI) Following 3Q Report

April 6, 2016 7:37 AM EDT

Jefferies reiterated a Hold rating and $66.00 price target on Darden Restaurants (NYSE: DRI) as strong results continue through the company's 3Q. DRI reported adjusted EPS of $1.21, at the high end of DRI's pre-announced range. EPS was driven by +4% combined SSS, sales leverage across all segments... More