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Zacks News
Founded in 1968 and based in Orlando, FL, Darden Restaurants is one of the largest casual dining restaurant operators worldwide. The company has operations in the United States and Canada with more than 1,700 restaurants. Beginning fourth-quarter fiscal 2015, the company began reporting its business under four segments: Olive Garden (51.6% of total revenues in fiscal first-quarter 2021), LongHorn Steakhouse (24.7%), Fine Dining (5.4%) and Other Business (18.3%).
Starbucks (SBUX) Hikes Long-term Guidance, Shares Rise
by Zacks Equity Research
Starbucks (SBUX) comparable store sales will benefit from investment in retail store partners and robust digitalization.
Here's Why Investors Should Retain Cracker Barrel (CBRL) Now
by Zacks Equity Research
Cracker Barrel's (CBRL) increased focus on menu innovation, marketing strategies and robust off-premise sales bode well.
4 Restaurant Stocks in Good Shape Despite the COVID-19 Pandemic
by Mrithunjoy Kaushik
Although the restaurant industry is grappling with the coronavirus outbreak, restaurant stocks like EAT, DRI, JACK and FRGI have surged in the past six months.
Can Restaurant Stocks Move Higher?
by Sejuti Banerjea
Restaurant companies have been done a lot of innovating this year and they should do much better next year as pandemic concerns wane.
Cracker Barrel (CBRL) Stock up as Q1 Earnings Beat Estimates
by Zacks Equity Research
Cracker Barrel's (CBRL) fiscal first-quarter top line reflects improved contributions from retail supply chain on a year-over-year basis.
Here's Why Investors Should Hold on to Wendy's (WEN) Stock
by Zacks Equity Research
Wendy's (WEN) is likely to benefit from expansion strategy and other sales building efforts. However, dismal traffic, due to the coronavirus pandemic, remains a woe.
Jack in the Box (JACK) Rides on Robust Comps & Digitalization
by Zacks Equity Research
Jack in the Box (JACK) is benefiting from initiatives like regular menu innovation, robust comps, and increased focus on delivery channels and marketing.
Dunkin' Brands (DNKN) Outruns Peers, Soars 63% in 6 Months
by Zacks Equity Research
Dunkin' Brands (DNKN) is benefiting from robust digital sales and sales building initiatives.
YUM! Brands (YUM) Banks on Digital Efforts Amid High Costs
by Zacks Equity Research
Yum! Brands' (YUM) increased focus on digital initiatives and refranchising efforts bode well. However, high operating costs and low traffic due to social-distancing protocols pose concerns.
Darden (DRI) Rides on Robust Online Sales Amid Dismal Traffic
by Zacks Equity Research
Darden Restaurants'(DRI) robust online sales and various sales boosting initiatives driving growth. However, dismal same-restaurant sales and traffic woes stay.
Four Corners (FCPT) Announces Alliance With Lubert-Adler
by Zacks Equity Research
Four Corners (FCPT) and Lubert-Adler join hands to form a venture to acquire vacant retail real estate.
Four Corners Collects 99% Rent for Q3, Sees Sequential Growth
by Zacks Equity Research
Four Corners' (FCPT) healthy rent collections for the third quarter benefit from the gradual reopening of the economy.
Four Corners on Acquisition Spree, Buys 2 Seritage Properties
by Zacks Equity Research
Four Corners' (FCPT) latest acquisitions reflect its efforts to bank on buyout opportunities and grow the company's portfolio with real estate catering to restaurant and retail industries.
Bull of the Day: Meritage Homes (MTH)
by Tracey Ryniec
Is this a golden era for the homebuilders?
Four Corners Enhances Portfolio With $3M Property Buyout
by Zacks Equity Research
Four Corners' (FCPT) buyouts come as part of its efforts to capitalize on acquisition opportunities on balance-sheet strength, and boost the company's portfolio growth.
Darden (DRI) Up 61% in 6 Months: Will the Rally Continue?
by Zacks Equity Research
Darden (DRI) robust online sales and technology-driven moves drive growth. However, dismal same-restaurant sales are a concern.
Company News for Sep 25, 2020
by Zacks Equity Research
Companies in the news are: DRI, ACN, JBL, FDS
Four Corners Adds Wells Fargo Branch, Buying Spree Continues
by Zacks Equity Research
Four Corners' (FCPT) latest acquisitions reflect its efforts to capitalize on buyout opportunities and grow the company's portfolio with real estate catering to restaurant and retail industries.
Darden Restaurants (DRI) Q1 Earnings Surpass Estimates
by Zacks Equity Research
Darden Restaurants (DRI) delivered earnings and revenue surprises of 1020.00% and -0.37%, respectively, for the quarter ended August 2020. Do the numbers hold clues to what lies ahead for the stock?
Darden (DRI) Q1 Earnings Beat Estimates, Revenues Miss
by Zacks Equity Research
Darden (DRI) first-quarter fiscal 2021 results reflect negative impact of dismal blended same-restaurant sales.
Four Corners Continues Acquisition Spree, Adds Two Properties
by Zacks Equity Research
Four Corners' (FCPT) buyouts come as part of its efforts to capitalize on acquisition opportunities backed by balance-sheet strength, and bolster portfolio growth.
Chipotle Brings Back Popular Carne Asada on Menu, Stock Up
by Zacks Equity Research
Chipotle's (CMG) Carne Asada will make its debut in France and also return to restaurants in the United States and Canada.
BJ's Restaurants or Red Robin: Which Stock is More Appetizing?
by Zacks Equity Research
The restaurant industry continues to evolve their operations to survive the pandemic. Notably, increased focus on the off-premise business and technology-driven initiatives bodes well.
Here's How Darden (DRI) Looks Just Ahead of Q1 Earnings
by Zacks Equity Research
Darden Restaurants' (DRI) dismal performance at Olive Garden, LongHorn and Fine Dining is likely to reflect on first-quarter fiscal 2021 results.
Sturdy Comps Performance to Aid Costco's (COST) Q4 Earnings
by Zacks Equity Research
Costco's (COST) fourth-quarter results likely to reflect better price management, decent membership trends and increasing penetration of e-commerce business.