Darden Restaurants Inc (DRI.N)

DRI.N on New York Stock Exchange

44.49USD
1:31am IST
Price Change (% chg)

$0.27 (+0.61%)
Prev Close
$44.22
Open
$44.21
Day's High
$44.57
Day's Low
$44.01
Volume
325,069
Avg. Vol
324,285
52-wk High
$54.88
52-wk Low
$43.56

DRI.N

Chart for DRI.N

About

Darden Restaurants, Inc. is a full service restaurant company. As of May 26, 2013, the Company operated through subsidiaries 2,138 restaurants in the United States and Canada. In the United States, it operated 2,105 restaurants in all 50 states, including 822 Olive Garden, 678 Red Lobster, 430 LongHorn Steakhouse, 49 The Capital... (more)

Overall

Beta: 0.80
Market Cap (Mil.): $5,850.95
Shares Outstanding (Mil.): 132.31
Dividend: 0.55
Yield (%): 4.98

Financials

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Darden wins dismissal of New York lawsuit over automatic tips

NEW YORK, July 10 - Darden Restaurants Inc , the parent of Olive Garden and Red Lobster, won the dismissal of a New York lawsuit accusing it of illegally adding an automatic 18 percent tip to diners' bills and failing to list beverage prices on its menus.

11 Jul 2014

UPDATE 3-Darden's Olive Garden weak amid fight for board control

June 20 - Darden Restaurants Inc, battling an activist investor that wants to replace its entire board of directors, on Friday reported lackluster results at its flagship Olive Garden chain as it prepares to complete the sale of Red Lobster next month.

20 Jun 2014

UPDATE 2-Olive Garden owner Darden's profit forecast disappoints

(Adds analyst's comment, forecast, background, details; updates share move)

20 Jun 2014

Darden profit falls 35 pct

June 20 - Darden Restaurants Inc's quarterly profit slid 35 percent as costs soared and sales at its flagship Olive Garden restaurant chain fell.

20 Jun 2014

Starboard launches fight to take over Darden board

- Starboard Value LP launched a fight to take over Darden Restaurants Inc's board, saying the planned sale of Darden's struggling Red Lobster chain was a "destructive transaction" that ignored the rights of shareholders.

22 May 2014

Starboard launches fight to take over Darden board

- Starboard Value LP launched a fight to take over the board of Darden Restaurants Inc , saying the planned sale of Darden's Red Lobster seafood chain was "a value-destructive transaction" that ignored the rights of shareholders.

22 May 2014

UPDATE 1-Market Chatter-Corporate finance press digest

May 22 - The following corporate finance-related stories were reported by media:

22 May 2014

Market Chatter- Corporate finance press digest

May 22 - The following corporate finance-related stories were reported by media:

22 May 2014

Starboard to launch proxy fight for entire Darden board - WSJ

May 21 - Activist investor Starboard Value LP, which didn't want Darden Restaurants Inc to sell the Red Lobster seafood chain, is launching a fight to take over the Darden board, the Wall Street Journal reported, citing people familiar with the matter.

22 May 2014

Earnings vs. Estimates

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