Darden Restaurants Reports Fiscal 2016 Fourth Quarter And Full Year Results; Reports Positive Same-Restaurant Sales For All Brands; Increases Quarterly Dividend; And Provides Fiscal 2017 Outlook
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Piper Jaffray Cuts Price Target on Darden Restaurants (DRI) Following 4Q Earnings Report
July 1, 2016 6:51 AM EDTPiper Jaffray maintained an Overweight rating on Darden Restaurants (NYSE: DRI), and cut the price target to $76.00 (from $78.00), following the company's 4Q earnings report. Operating EPS of $1.10 came in slightly ahead of the Street's estimate of $1.09. The company also announced an increase to its quarterly... More
BTIG Affirms Darden Restaurants (DRI) at 'Buy' Amid Light FY17 Outlook; Sees Olive Garden Sales Momentum Continuing
July 1, 2016 6:27 AM EDTBTIG affirms Darden Restaurants (NYSE: DRI) with a Buy rating and $75 price target after the company... More
Darden Restaurants (DRI) Raises Quarterly Dividend 12% to $0.56; 3.4% Yield
June 30, 2016 7:14 AM EDTDarden Restaurants (NYSE: DRI) declared a quarterly dividend of $0.56 per share, or $2.24 annualized. This is a 12% increase from the prior dividend of $0.50.
The dividend will be payable on August 1, 2016, to stockholders of record on July 11, 2016, with an ex-dividend date of July 7,... More
Darden Restaurants (DRI) Raises Quarterly Dividend 12% to $0.56; 3.4% Yield
June 30, 2016 7:14 AM EDTDarden Restaurants (NYSE: DRI) declared a quarterly dividend of $0.56 per share, or $2.24 annualized. This is a 12% increase from the prior dividend of $0.50.
The dividend will be payable on August 1, 2016, to stockholders of record on July 11, 2016, with an ex-dividend date of July 7,... More
Darden Restaurants (DRI) Tops Q4 EPS by 2c; Comps Growth Outpaces; FY17 EPS Outlook Light of Views
June 30, 2016 7:14 AM EDT(Updated - June 30, 2016 7:15 AM EDT)
Darden Restaurants (NYSE: DRI) reported Q4 EPS of $1.10, $0.02 better than the analyst estimate of $1.08. Revenue for the quarter came in at $1.79 billion versus the consensus estimate of $1.81 billion.
Comps rose 2.6 percent versus expectations of a 2.5 percent gain.
Fiscal 2017... More
