Darden Restaurants Inc (DRI.N)

DRI.N on New York Stock Exchange

52.83USD
24 May 2013
Price Change (% chg)

$-0.39 (-0.73%)
Prev Close
$53.22
Open
$52.72
Day's High
$52.98
Day's Low
$52.50
Volume
246,013
Avg. Vol
330,583
52-wk High
$57.88
52-wk Low
$44.12

DRI.N

Chart for DRI.N

About

Darden Restaurants, Inc. (Darden) is a company owned and full-service restaurant company. As of May 27, 2012, the Company operated through subsidiaries 1,994 restaurants in the United States and Canada. In the United States, it operated 1,961 restaurants in all 50 states, including 677 Red Lobster, 786 Olive Garden, 386 LongHorn... (more)

Overall

Beta: 0.87
Market Cap (Mil.): $6,908.60
Shares Outstanding (Mil.): 129.81
Dividend: 0.50
Yield (%): 3.76

Financials

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UPDATE 1-Olive Garden parent Darden to offer cheaper menu options

* Says consumers adjusting to higher payroll taxes, gasoline

22 Mar 2013

Darden results largely in line with muted Wall St expectations

March 22 - Darden Restaurants Inc's quarterly results were largely in line with analysts' recently lowered estimates as the U.S. payroll tax hike and higher gasoline prices kept diners away from its Olive Garden and Red Lobster chains.

22 Mar 2013

UPDATE 2-Darden diners squeezed as payroll tax, gasoline costs up

* Traffic to Olive Garden, Red Lobster, LongHorn Steakhouse falls

23 Feb 2013

Darden Restaurants warns on third-quarter profit

Feb 22 - Olive Garden parent Darden Restaurants Inc warned that its third-quarter profit would be below Wall Street estimates, as a severe winter kept customers away.

22 Feb 2013

BRIEF-Darden down in premarket trading after outlook

NEW YORK, Feb 22 - Darden Restaurants Inc : * Shares down 4.2 percent in premarket trading after outlook

22 Feb 2013

Darden's Olive Garden names new president amid sales slump

LOS ANGELES, Jan 8 - Darden Restaurants Inc said the president of its Olive Garden chain will be leaving the company later this month and the head of its LongHorn Steakhouse restaurants will take the helm at the Italian-themed eatery, which has struggled with slumping sales.

09 Jan 2013

Darden, after test, won't change full-time staffing plans

Dec 6 - Darden Restaurants Inc is not changing any of its full-time staffing plans for 2014 after a test to alter employment plans to hold down the cost of U.S. healthcare reforms, the company said on Thursday.

06 Dec 2012

Olive Garden parent cuts view on restaurant sales drop

- Darden Restaurants Inc reported a steep fall-off in business at its Olive Garden, Red Lobster and LongHorn Steakhouse chains on Tuesday and lowered financial expectations for the year, sending shares down 10 percent.

05 Dec 2012

UPDATE 2-Olive Garden parent cuts view on restaurant sales drop

* Shares drop nearly 11 percent (Adds analyst comment, paragraphs 4-5; updates stock)

05 Dec 2012

UPDATE 1-Darden warns on second quarter as promotions miss mark

* Sees same-restaurant sales declines at "big three" chains

04 Dec 2012

Earnings vs. Estimates

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