Darden Restaurants Reports Fiscal 2018 Second Quarter Results; Second Quarter Same-Restaurant Sales Growth Of 3.1%; And Increases Financial Outlook For The Full Fiscal Year

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Darden Restaurants (DRI) PT Raised to $90 at Jefferies Following 2Q

December 20, 2017 9:06 AM EST

Jefferies raised its price target on Darden Restaurants (NYSE: DRI) to $90.00 (from $82.00) while maintaining a Hold rating following the company's 2Q. EPS of $0.73 was above the Street's $0.70. Guidance raised pointing to solid fiscal 2H and bumped F'18/'19 to $4.49/4.73 (from $4.40/4.70).

DRI posted better sss continuing... More

Darden Restaurants (DRI) PT Raised to $103 at Maxim Group Following 2Q

December 20, 2017 8:58 AM EST

Maxim Group raised its price target on Darden Restaurants (NYSE: DRI) to $103.00 (from $93.00) while maintaining a Buy rating following a 2Q beat-and-raise. Even as Casual Dining comps improved industry-wide, both Olive Garden and LongHorn Steakhouse posted comps that were 300bps-400bps above the Knapp-Track... More

Darden Restaurants (DRI) PT Raised to $105 at Stifel Following Strong Results

December 19, 2017 1:33 PM EST

Stifel raised its price target on Darden Restaurants (NYSE: DRI) to $105.00 (from $92.00) while maintaining a Buy rating following Q2 results.

Analyst Chris O'Cull said the report was notable for the better than expected SRS and traffic performance at Olive Garden and... More

Darden Restaurants (DRI) Tops Q2 EPS by 3c, Updates FY Guidance

December 19, 2017 7:03 AM EST

Darden Restaurants (NYSE: DRI) reported Q2 EPS of $0.73, $0.03 better than the analyst estimate of $0.70. Revenue for the quarter came in at $1.88 billion versus the consensus estimate of $1.85 billion.

Second Quarter Same-Restaurant Sales Growth Of... More