Darden Restaurants Reports Fiscal 2018 Fourth Quarter and Full Year Results; Fourth Quarter Same-Restaurant Sales Growth of 2.2%; Increases Quarterly Dividend 19% to $0.75; And Provides Fiscal 2019 Ou

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Darden Restaurants (DRI) PT Raised to $115 at Stifel

June 21, 2018 1:18 PM EDT

Stifel raised its price target on Darden Restaurants (NYSE: DRI) to $115.00 (from $100.00) while maintaining a Buy rating following its better-than-expected F4Q earnings report.

Analyst Chris O'Cull said they continue recommending shares for three reasons:

1) we believe OG strong value positioning... More

Darden Restaurants (DRI) Tops Q4 EPS by 4c, Revenues In-Line; Offers FY19 EPS Mid-Point Outlook Above Consensus

June 21, 2018 7:06 AM EDT

Darden Restaurants (NYSE: DRI) reported Q4 EPS of $1.39, $0.04 better than the analyst estimate of $1.35. Revenue for the quarter came in at $2.13 billion versus the consensus estimate of $2.13 billion.

Fourth Quarter 2018 Financial Highlights Versus Same Fiscal Quarter Last Year

Total sales from continuing operations increased 10.3% to $2.13 billionBlended... More