Darden Restaurants (DRI) news

DPZ: Sees US comp sales towards low end of guidance range

Darden Restaurants Inc. (DPZ) has indicated that U.S. comparable sales are trending toward the lower end of its previously established guidance range. The company’s update reflects ongoing challenges in the restaurant sector, including shifting consumer spending patterns and competitive market…

FCPT buys a Longhorn Steakhouse property for $2.4 million

Four Corners Property Trust (NYSE: FCPT) has acquired a Longhorn Steakhouse property for $2.4 million, adding to its portfolio of net-leased restaurant and retail assets. The property is part of FCPT’s ongoing strategy to diversify its tenant base and expand its presence in the casual dining…

Darden: Younger consumers starting to go back to malls

Darden Restaurants shares down 3% after Q1 results miss, reaffirms annual targets

Darden Restaurants, Inc. (DRI) shares fell approximately 3% following the release of its first-quarter fiscal 2027 earnings report, as results came in below expectations. The company reported earnings per share (EPS) that missed the Zacks Consensus Estimate, continuing a pattern of mixed…

Darden: Fine dining traffic still below pre COVID levels

Darden Restaurants, the parent company of Olive Garden and other well-known dining brands, continues to experience mixed performance across its portfolio. While some of its casual dining brands have outperformed the broader full-service restaurant category, fine dining traffic remains below…