Darden Restaurants (DRI): Restaurant Industry Momentum ContinuesDarden Restaurants, Inc. (DRI) is one of the largest full-service restaurant companies, operating well-known brands like Olive Garden, LongHorn Steakhouse, and The Capital Grille. With a focus on quality dining experiences, strong brand recognition, and strategic expansion, Darden continues to grow
Key facts today
Morgan Stanley lowered its price target for Darden Restaurants to $215 from $217. Analysts maintain an overweight rating, with an average target of $213.27.
23,233.33
0.01 BRL
5.10 B BRL
56.48 B BRL
About Darden Restaurants, Inc.
Sector
Industry
CEO
Ricardo Cardenas
Website
Headquarters
Orlando
Founded
1938
ISIN
BRD1RIBDR007
FIGI
BBG00RK9LM24
Darden Restaurants, Inc. is a full-service restaurant company, which engages in the provision of restaurant services. It operates through the following segments: Olive Garden, LongHorn Steakhouse, Fine Dining, and Other Business. The Olive Garden segment is the largest full-service dining Italian restaurant operator. The LongHorn Steakhouse segment includes the results of the company-owned LongHorn Steakhouse restaurants. The Fine Dining segment consists of the premium brands that operate within the fine-dining sub-segment of full-service dining and includes the results of its company-owned The Capital Grille and Eddie V's restaurants. The Other Business segment aggregates the remaining brands and includes the results of its company-owned Cheddar's Scratch Kitchen, Yard House, Seasons 52 and Bahama Breeze restaurants, and from franchises and consumer-packaged goods sales. The company was founded by William B. Darden in 1938 and is headquartered in Orlando, FL.
Darden May Have Broken OutDarden Restaurants jumped to new highs in December, and some traders may look for the move to continue this year.
The first pattern on today’s chart is the March 2024 high of $176.84. DRI remained below that level through early last month. The stock rallied through it after earnings and revenue bea
Puts/Short setup on DRI (Darden Restaurants)NYSE:DRI gapped Up on Dec 19th. Fibonacci technical analysis: Now finding Resistance at Fib level –61.8% (188.82) on Upward Fib and Double Top formed. Price likely to retrace lower to retest the gap.
My Downward Fib shows retracement levels 38.2 % at 171, 61.8% at 166.5, and 78.6% at 164.
PUT
Darden Faces Dining Divide: Lower-Income Consumers Pull Back Darden Restaurants ( NYSE:DRI ), the parent company of popular chains like Olive Garden and LongHorn Steakhouse, is experiencing a shift in consumer behavior that reflects broader economic trends. While lower-income customers are cutting back on dining out, wealthier diners are showing an increased
Fast Food and Dining Stocks: Macro Fib SchematicsThese Fast Food Giants consist of McDonalds, Starbucks, YUM! Brands, Restaurant Brands Inc, Chipotle, Wendys, Darden Restaurants, Brinker International...
All Fibonacci Clusters are placed correctly. The 1 Month timeframe makes these charts realistic.
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Summarizing what the indicators are suggesting.
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Moving Averages
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Displays a symbol's price movements over previous years to identify recurring trends.
DRI4597025
Darden Restaurants, Inc. 4.55% 15-FEB-2048Yield to maturity
7.13%
Maturity date
Feb 15, 2048
DRI.GG
Darden Restaurants, Inc. 6.0% 15-AUG-2035Yield to maturity
6.42%
Maturity date
Aug 15, 2035
DRI.GH
Darden Restaurants, Inc. 6.8% 15-OCT-2037Yield to maturity
5.81%
Maturity date
Oct 15, 2037
DRI5664374
Darden Restaurants, Inc. 6.3% 10-OCT-2033Yield to maturity
5.73%
Maturity date
Oct 10, 2033
DRI5906746
Darden Restaurants, Inc. 4.55% 15-OCT-2029Yield to maturity
5.12%
Maturity date
Oct 15, 2029
DRI5906745
Darden Restaurants, Inc. 4.35% 15-OCT-2027Yield to maturity
4.96%
Maturity date
Oct 15, 2027
DRI4483798
Darden Restaurants, Inc. 3.85% 01-MAY-2027Yield to maturity
4.69%
Maturity date
May 1, 2027
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