Darden Restaurants Reports Fiscal 2019 First Quarter Results and Increases Financial Outlook For The Full Fiscal Year

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Darden Restaurants (DRI) PT Raised to $130 at RBC Capital

September 21, 2018 7:19 AM EDT

RBC Capital analyst David Palmer raised the price target on Darden Restaurants (NYSE: DRI) to $130.00 (from $128.00) while maintaining an Outperform rating following stronger-than-expected sales.

The firm raised FY19 EPS from $5.55 to $5.62.

"Market share trends have improved among a solid industry backdrop, with... More

Darden Restaurants (DRI) Tops Q1 EPS by 10c, Raises FY EPS Guidance

September 20, 2018 7:03 AM EDT

Darden Restaurants (NYSE: DRI) reported Q1 EPS of $1.34, $0.10 better than the analyst estimate of $1.24. Revenue for the quarter came in at $2.06 billion versus the consensus estimate of $2.03 billion.

Blended same-restaurant sales increased 3.3%

GUIDANCE:

Darden Restaurants sees FY2019 EPS of $5.52-$5.65, versus the consensus... More