Darden Restaurants, Inc. (NYSE:DRI) saw its shares actively traded by institutional and individual investors frequently in recent months. Some entities sold shares, such as
BNP PARIBAS ASSET MANAGEMENT and
Natixis Advisors LLC, while others, like
Massachusetts Financial Services Co. MA and
Charles Schwab Investment Management Inc., expanded their stake.
DRI is flagged up as exhibiting robust earnings growth. Its Q2 FY2025 earnings report is also awaited with interest.
Jim Cramer advised investors seeking restaurant stocks to look elsewhere though he declared DRI worth buying on pullbacks.
Darden has formed a partnership with Uber, boosting shares, and completed acquisition of Chuy's Holdings, Inc. DRI is also showing signs of experiencing a
significant breakout. There are speculations around its Q1 earnings, and despite missing estimates, its partnership with Uber is anticipated to drive incremental sales. Darden's capital allocation has been questioned and its Q1 results missed Wall Street targets.
Darden Restaurants Stocks DRI News Analytics from Thu, 21 Mar 2024 07:00:00 GMT to Sat, 23 Nov 2024 11:37:09 GMT -
Rating 4
- Innovation -3
- Information 7
- Rumor -5
