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12/15/2023 11:20 AM
The shares of Olive Garden parent Darden Restaurants Inc (NYSE:DRI) are falling despite the company's upbeat fiscal second-quarter earnings and strong guidance, after sales fell short of estimates. Darden CEO Rick Cardenas stated "we continued to profitably grow market share again this quarter as we outperformed industry same-restaurant sales and traffic." Down 2.2% at $159.44 at last check, DRI hit $156.49 at its lows this morning. The stock has been rising on the charts since the start
12/7/2023 1:00 PM
The Federal Reserve's interest rate decision is due out next Wednesday, which, along with inflation data, will take up the bulk of investors' attention. On the earnings front, a handful of reports from the likes of Adobe (ADBE), Costco (COST), Darden Restaurants (DRI), and Oracle (ORCL) are on deck. Below is a list of key market events scheduled for the upcoming week. All economic dates listed below are tentative and subject to change. Monday, Dec. 11, starts the week off slow
9/21/2023 9:12 AM
the event. Since the start of the year, FDX is up 44.6%. Darden Restaurants Inc (NYSE:DRI) beat fiscal
9/18/2023 11:17 AM
Olive Garden parent Darden Restaurants Inc (NYSE:DRI) is gearing up for this week's earnings report, scheduled before the open on Thursday, Sept. 21. The stock has closed lower following its last four reports, including a 4.4% drop in September 2022. In the past two years, DRI has averaged a next, -earnings move of 4.7%. On the charts, DRI has been on a decline since its July 21, record high, today, and up 7.9% since the start of the year. The brokerage bunch leans bullish on DRI. Of the 22
9/14/2023 11:00 AM
The Federal Reserve will announce its interest rate decision next week, with manufacturing and services data to follow. Quarterly reports from Autozone (AZO), Darden Restaurants (DRI), FedEx (FDX), General Mills (GIS), KB Home (KBH), and Stitch Fix (SFIX) will be out as well. Below is a list of key market events scheduled for the upcoming week. All economic dates listed below are tentative and subject to change. Monday, September 18 features the home builder confidence index