| 2024-11-19 | -2.19 % |
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| 2024-11-18 | -1.4 % |
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| 2024-11-15 | -1.13 % |
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| 2024-11-12 | -1.28 % |
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| 2024-11-11 | +0.48 % |
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| 2024-11-08 | -0.02 % |
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| 2024-11-01 | -0.23 % |
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| 2024-10-29 | -0.16 % |
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| 2024-10-28 | +1.43 % |
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| 2024-10-25 | -1.63 % |
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| 2024-10-23 | +0.77 % |
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| 2024-10-21 | -0.33 % |
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| 2024-10-18 | +0.19 % |
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| 2024-10-17 | +0.82 % |
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| 2024-10-16 | +1.74 % |
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| 2024-10-15 | +2.04 % |
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| 2024-10-14 | +0.14 % |
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| 2024-10-09 | -0.36 % |
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| 2024-10-08 | -0.26 % |
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| 2024-10-07 | -3.21 % |
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| 2024-10-04 | +1.85 % |
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| 2024-10-03 | -0.53 % |
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| 2024-10-02 | -0.87 % |
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| 2024-10-01 | -0.01 % |
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| 2024-09-30 | -1.55 % |
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| 2024-09-26 | -0.1 % |
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| 2024-09-25 | -1.75 % |
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| 2024-09-24 | -0.94 % |
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| 2024-09-23 | +1.51 % |
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| 2024-09-20 | -1.22 % |
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| 2024-09-19 | +8.25 % |
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| 2024-09-17 | +0.87 % |
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| 2024-09-16 | -0.07 % |
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| 2024-09-13 | +1.1 % |
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| 2024-09-10 | -0.7 % |
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| 2024-09-09 | -0.46 % |
- Darden Restaurants (DRI) stock declined by 0.46% due to ongoing shareholder activism led by Jeffrey C. Smith's Starboard Value, which is pushing for changes in corporate governance at News Corp, thus influencing investor sentiment towards similar companies like Darden.
- Darden Restaurants (DRI) stock fell by 0.46% amid ongoing struggles for its brand Red Lobster, which has faced declining customer counts, operational difficulties with its Endless Shrimp promotion, and ultimately a bankruptcy filing, highlighting long-term mismanagement and financial constraints.
The decline in Darden Restaurants (DRI) stock can be attributed to Red Lobster's recent bankruptcy filing and the challenges faced by the chain, including reduced customer numbers, increasing operational costs, and difficulties in attracting younger diners, which signal poor financial health and management struggles within the brand.
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| 2024-08-15 | +2.44 % |
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| 2024-07-19 | -0.01 % |
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| 2024-07-18 | -3.04 % |
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| 2024-07-17 | +1.4 % |
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| 2024-07-15 | +0.7 % |
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| 2024-07-12 | +1.65 % |
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| 2024-07-11 | +1.38 % |
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| 2024-07-05 | -0.14 % |
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| 2024-07-02 | -1.05 % |
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| 2024-06-25 | -0.67 % |
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| 2024-06-24 | +0.55 % |
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| 2024-06-21 | -0.65 % |
- Summary: Despite BofA Securities raising the price target for Darden Restaurants (DRI) due to the success of LongHorn Steakhouse, the stock dropped -0.65%, possibly due to lower revenue and same-restaurant sales, especially from Olive Garden, prompting caution from analysts like Stifel regarding potential challenges in the coming quarters.
The reason for Darden Restaurants' stock going down could be attributed to the company not meeting revenue expectations for three quarters in a row, with lower same-restaurant sales, particularly from Olive Garden, and cautionary statements from analysts about potential challenges ahead, despite positive performance from other brands like LongHorn Steakhouse.
- Darden Restaurants (DRI) stock went down by -0.65% due to increased competition in the industry, particularly from shifting promotional tactics in the quick-service sector, negatively impacting Olive Garden's results, although the company reported earnings slightly above expectations, with BTIG supporting its Buy rating and $175.00 price target.
- The article discusses that Darden Restaurants (DRI) stock went down by -0.65% last night despite UBS reaffirming its Buy rating and maintaining a price target of $188.00, as concerns over shrinking traffic at Olive Garden, mixed same-store sales across brands, industry challenges, and potential increased marketing expenses led to varied price target adjustments from different firms, indicating uncertainty and challenges facing the company.
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| 2024-06-20 | +1.53 % |
- The article provides an overview of Darden Restaurants, Inc. (DRI), a prominent player in the full-service dining industry, with its stock having increased by 1.53% the previous night, potentially due to positive market conditions or company-specific developments.
- Darden Restaurants' stock (DRI) went up by 1.53% due to Morgan Stanley maintaining an Overweight rating, highlighting the company's strong fourth-quarter earnings, ability to navigate sales challenges, diverse brand portfolio, potential cost-saving measures, positive financial results, and strategic growth plans for fiscal years 2024 and 2025.
- The article discusses how Darden Restaurants' stock (DRI) went up by 1.53% after the company surpassed analyst estimates for earnings per share but fell short on revenue in the fourth quarter of 2024. The stock likely went up due to the positive earnings beat despite the revenue miss.
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| 2024-06-17 | +3.23 % |
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| 2024-06-13 | +0.2 % |
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| 2024-06-07 | -1.05 % |
- The article reports NEOS Investment Management LLC acquiring a new stake in Darden Restaurants, Inc. (NYSE:DRI) and several other large investors making changes to their positions in DRI, while also mentioning insider stock sales, earnings results, dividend information, stock ratings, and a share repurchase program; Darden Restaurants (DRI) stock was down -1.05% last night possibly due to mixed earnings results and changes in investor positions.
- The article discusses KBC Group NV's reduction in stake of Darden Restaurants, Inc. (DRI) by 71.7% during the fourth quarter, leading to the stock going down by -1.05% last night; the stock likely decreased due to institutional investors reducing their holdings in the company.
- The article reports that an institutional investor increased its stake in Darden Restaurants, Inc. and several other large investors also added to their positions, but the stock still went down by -1.05% last night, possibly due to the company's recent quarterly earnings miss and lower revenue compared to analyst expectations.
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| 2024-05-31 | +1.58 % |
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| 2024-05-30 | +1.42 % |
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| 2024-05-24 | -0.04 % |
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| 2024-05-22 | -0.65 % |
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