Sign in
DRI-DARDEN RESTAURANTS INC

Darden Restaurants Shares Soar 15% After Strong Q2 Results, Driven by LongHorn Steakhouse and Olive Garden Sales Growth

Sunday

22 December, 2024

Darden Restaurants has demonstrated remarkable resilience with a 14% surge in shares following strong Q2 results, driven by impressive sales growth at LongHorn Steakhouse and Olive Garden. Can this momentum continue amidst inflation pressures and challenges in fine dining?

article image for DRI

Article Impact Score

0
50
100
Under­perform
Bear­ish
Neu­tral
Bull­ish
Out­perform
85
Key Takeaways
  • Darden Restaurants experienced a 14% stock increase following strong fiscal results for Q2 2025.
  • The company reported adjusted earnings per share of $2.03 alongside a 2.4% growth in same-store sales.
  • LongHorn Steakhouse significantly contributed with a 7.5% sales increase, highlighting operational strength.
  • The acquisition of Chuy's expands Darden's footprint with 39 new locations.
  • Analysts have upgraded their outlook, projecting revenue around $12.1 billion, indicating positive market sentiment.
More on DARDEN RESTAURANTS INC
Read more insights on DARDEN RESTAURANTS INC

Most Read

Join Foliko Premium!

Unlock the entire library of Foliko's Generative AI Investment Research. Plus, get AI powered trading signals and stock price predictions.

Go Premium - 7 Day Free Trial
home-footer-logo

Any content provided on our website is for information purposes only. We do not provide investment advice, nor do we consider ourselves a financial institution. Seek a duly licensed professional for investment advice.