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Stock Market & Financial Investment News

News Breaks
September 20, 2013
08:46 EDTDRIDarden sees SSS for casual dining industry flat for rest of year
Darden said its blended same restaurant sales expectations for its three large brands assumes that same restaurant sales for the casual dining industry rebounds from its Q1. The company noted that its outlook assumes that comparable sales for the industry are flat for the balance of the year. The company noted that the Thanksgiving week, which is a soft sales week, falls in its fiscal Q3 this year, as compared to Q2 last year. The company sees the Thanksgiving shift to benefit Q2 blended same restaurant sales by approximately 100 basis points, and hurt Q3 blended same restaurant sales by a similar amount. Comments from Q1 earnings conference call.
News For DRI From The Last 14 Days
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January 29, 2016
10:05 EDTDRIOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Abbott (ABT) downgraded to Market Perform from Outperform at William Blair... Chuy's (CHUY) downgraded to Market Perform from Outperform at Raymond James... Cypress Semiconductor (CY) downgraded to Neutral from Buy at Sterne Agee CRT... Darden (DRI) downgraded to Underperform from Market Perform at Raymond James... Dominion (D) downgraded to Neutral from Buy at UBS... Ensco (ESV) downgraded to Neutral from Buy at Citi... First Financial (FFIN) downgraded to Sell from Hold at Sandler O'Neill... Global Partners (GLP) downgraded to Neutral from Overweight at Mitsubishi UFJ... Investors Bancorp (ISBC) downgraded to Sell from Neutral at Compass Point... NetScout (NTCT) downgraded to Hold from Buy at Needham... Precision Castparts (PCP) downgraded to Sell from Buy at Gabelli... Spirit AeroSystems (SPR) downgraded to Sell from Neutral at Goldman... Synaptics (SYNA) downgraded to Buy from Strong Buy at Needham... Terex (TEX) downgraded to Market Perform from Outperform at Avondale... UniCredit (UNCFF) downgraded to Hold from Buy at Berenberg... United Rentals (URI) downgraded to Neutral from Positive at Susquehanna... Xcel Energy (XEL) downgraded to Neutral from Outperform at Macquarie.
06:23 EDTDRIDarden downgraded to Underperform from Market Perform at Raymond James
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