While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding. Bearing this in mind, let's now explore the average estimates of specific Darden Restaurants metrics that are commonly monitored and projected by Wall Street analysts. The average prediction of analysts places 'Sales- Olive Garden' at $1.30 billion. The estimate points to a ch ...

ORLANDO, Fla., May 22, 2024 /PRNewswire/ -- Darden Restaurants, Inc., (NYSE: DRI) plans to release its fiscal 2024 fourth quarter financial results before the market opens on Thursday, June 20, 2024, with a conference call to follow at 8:30 am ET. Rick Cardenas, CEO, and other senior management will discuss fourth quarter results and conduct a question and answer session. For those who cannot listen to the live broadcast, a replay will be available shortly after the call. What: Darden Restaurants, Inc. Fisc ...

Key Points Add to Watchlist is a consumer-oriented cyber safety and security firm operating brands that include Norton Lifelock and Avast!. The company is among the latest to issue a new or add-on share repurchase authorization, which is a big one. The company upped the ante by $2.5 billion to bring the total back to $3 billion. That's worth 20% of the market cap and more than offsets the impact of share-based compensation. The net result of share-based compensation, dilutive actions, and share repurchases ...

The restaurant industry is difficult. Competition is fierce. Consumers are picky. Workers are transitory. And profit margins can be razor thin. The National Restaurant Association estimates that only 20% of restaurants are successful. About 60% of all restaurants fail in their first year of operation, and 80% fail within five years of opening. Those are some depressing statistics and they help to explain why many restaurant stocks chronically underperform the broader market. Currently, there’s quite a long ...

Macroeconomic headwinds are buffeting consumer confidence and bringing volatility especially to high-growth stocks on Wall Street. Therefore, investors look at sectors outside technology, like these three restaurant stocks to buy. The sector has demonstrated remarkable resilience. Consumer spending at restaurants surging 5% in 2023, up from 4% in 2022. Regardless of inflation, restrained consumer spending and mounting concerns of potential stagflation, analysts still anticipate sustained demand for dining-o ...

公司概况 - Darden Restaurants (NYSE:DRI)是美国最大的餐饮运营商，拥有Olive Garden和LongHorn Steakhouse等多个餐厅品牌[1] - DRI拥有超过1900家餐厅，规模优势带来了采购、供应和广告成本的降低，以及较高的餐厅利润率[16] 财务表现 - DRI在2024年第三季度报告中显示，营收达到29.8亿美元，同比增长12%，但同店销售下降1%[4] - Olive Garden是DRI最大的业务部门，销售额占50%，尽管同店销售下降1.8%，但表现仍优于行业平均水平[6] - LongHorn Steakhouse贡献了21%的营收，同店销售增长2.3%，超过行业平均水平[7] 股东回报 - Ruth's Chris收购将提高DRI的每股收益，预计在2024年和2025年分别增加0.10至0.12美元和0.20至0.25美元[12] - DRI的信用评级为Baa2、BBB和BBB，具有强大的财务基础，且股息率为3.44%，可持续增长[20] 发展前景 - DRI在行业低利润率环境下运营，但通过开设新餐厅和优于行业平均水平的销售表现，公司有望在长期内获得利润[23]

Red Lobster的困境 - Red Lobster正在考虑是否申请破产[1] - Red Lobster最近面临诸多困难，包括租约负担、劳动力成本上升和促销活动导致的巨额损失[2] Red Lobster的所有权变更 - Red Lobster的所有权经历了多次变更，最终被出售给泰国联合集团[4]

Darden Restaurants, Inc. (DRI) is benefiting from its focus on opening restaurants, Ruth’s Chris acquisition and its diversified brand portfolio.Shares of this casual dining restaurant operator have gained 2.5% in the past year against the Zacks Retail - Restaurants industry’s 2.7% decline. The uptrend is attributable to the company’s intent focus on enhancing and diversifying its product portfolio, along with leveraging and strengthening its competitive advantages.The Zacks Consensus Estimate for this Zack ...

销售业绩 - 第三季度销售额达到29.748亿美元，同比增长6.8%[40] - 第三季度净利润为3.134亿美元，同比增长9.3%[40] - 公司拥有的餐厅数量在2024财年第三季度末达到2,022家[41] - 2024财年预计销售额将达到114亿美元，同店销售增长率为1.5%至2.0%[44] 餐厅业绩 - Olive Garden第三季度销售增长主要来自新餐厅的收入，抵消了同店销售的下降[46] - LongHorn Steakhouse第三季度和九个月的销售增长主要来自同店销售的增加和新餐厅的收入[46] - Fine Dining第三季度和九个月的销售增长主要来自Ruth's Chris的收购，抵消了同店销售的下降[46] 成本分析 - 公司的食品和饮料成本降低，主要是由于价格杠杆和混合等因素的影响[47] - 餐厅劳动力成本增加，主要是由于通货膨胀的影响[47] - 餐厅费用增加，主要是由于通货膨胀和品牌组合等因素的影响[48] - 营销费用增加，主要是由于营销和媒体支出的增加[48] - 总部和行政费用降低，主要是由于激励支付和销售杠杆等因素的影响[48] - 折旧和摊销费用增加，主要是由于资本支出和Ruth's Chris的收购[49] 财务状况 - 公司截至2024年2月25日的流动资产为8.764亿美元，较2023年5月28日的9.977亿美元减少[67] - 公司截至2024年2月25日的流动负债为22.7亿美元，较2023年5月28日的19.4亿美元增加[67] 融资情况 - 公司于2023年10月23日与美国银行签订了12.5亿美元的循环信贷协议[62] - 公司于2023年5月31日签订了6亿美元为期3年的定期贷款协议[62] - 公司于2023年10月10日发行了5亿美元的6.3%到2033年到期的高级票据[63] 风险管理 - 公司面临的市场风险包括利率波动、外汇汇率波动、薪酬和商品价格波动[73] - 公司使用方差/协方差方法来衡量风险价值，未来一年内可能因各种因素导致的净收益损失约为6790万美元[73] - 公司长期固定利率债务的公允价值增加可能导致的风险价值在未来一年内约为7550万美元[73]

Key PointsDarden Restaurants had a mixed quarter and failed to inspire the analysts. Shares are down 6% following the release, but the uptrend is intact, and a buying opportunity will soon appear.Capital returns are solid and will continue to support the price action this year. 5 stocks we like better than Darden RestaurantsDarden Restaurants NYSE: DRI operational quality drove solid business in Q3, setting the stock up to continue its uptrend. Today's opportunity is that results were largely aligned with e ...