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Stock Market & Financial Investment News

News Breaks
March 3, 2014
07:07 EDTDRIDarden sees Q3 EPS 82, consensus 93c
The company estimates that lower sales and higher direct costs associated with more severe winter weather than last year adversely affected diluted net earnings per share for this year's third quarter by approximately 7c. The Company also estimates that legal, financial advisory and other costs associated with implementation of the strategic action plan it announced in December 2013 reduced diluted net earnings per share for the third quarter by approximately 6c. Darden expects U.S. same-restaurant sales for the third quarter to increase 0.3% at LongHorn Steakhouse, decline 5.4% at Olive Garden and decline 8.8% at Red Lobster. The Company estimates that blended U.S. same-restaurant sales for the third quarter for its Specialty Restaurant Group will be down approximately 0.7%.
News For DRI From The Last 14 Days
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April 17, 2015
10:20 EDTDRIDarden management to meet with Stephens
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10:17 EDTDRIDarden management to meet with Stephens
Meeting to be held in Orlando on April 21 hosted by Stephens.
April 16, 2015
10:00 EDTDRIOn The Fly: Analyst Initiation Summary
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April 15, 2015
17:24 EDTDRIDarden initiated with a Neutral at Guggenheim
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April 14, 2015
10:01 EDTDRIDarden's Olive Garden unit enters into agreement with Ziosk for tabletop tablets
Olive Garden announced it has entered into an agreement with Ziosk, makers of ordering, entertainment and pay-at-the-table tablets, to begin the introduction of tabletop tablets in all of its restaurants nationwide. Olive Garden has been testing Ziosk in a select number of its restaurants since last year, and the feedback from guests and servers has been positive. Starting in May, Olive Garden will begin a phased rollout of Ziosk tablets into additional restaurants. The program will be supported by robust in-restaurant training to ensure this implementation reaches its full potential of enhancing the overall experience for guests and team members. Olive Garden expects Ziosk tablets to be in all of its 800-plus U.S. locations before the end of the calendar year.

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