The Latest Breaking News from Darden

Darden Restaurants just reported earnings and this option trade can sit through some gyrations for a bigger profit later.

It took 16 years, but the father of two finally made it onto the gridiron.

Bloomin' Brands jumped early Friday after the WSJ reported Starboard Value is a top-five investor.

Even with soaring prices, consumers are flocking to this kind of restaurant.

The Orlando, Florida-based owner of Olive Garden and other chains has finished its $715 million deal to buy Winter Park, Florida-based Ruth’s Hospitality Group.

Darden will buy Ruth's Hospitality Group. Wingstop extends its breakout after a Q1 earnings beat. Yum China notches a surprise.

The Dow Jones rose Thursday after a surprise drop in first-time jobless claims. Block shares plunged 22% after a short seller report.

Many big U.S. businesses say they have been able to increase prices this year with limited pushback from customers. Not all the changes are leading to higher corporate profits.

With food inflation still surging, up 8% for the twelve months ended August, and the Russia-Ukraine war adding to global food constraints, it's easy to see why restaurant brands and operators are experiencing diminishing margins on their bottom line.

Analysts at BofA Securities initiate coverage of Texas Roadhouse Inc. (NASDAQ: TXRH) and Darden Restaurants Inc.

Wedbush analyst Nick Setyan lowered the price target on Darden Restaurants Inc (NYSE:DRI) to $122 (3% upside) from $140 and kept a Neutral rating on the shares. The analyst noted that FY23 guidance is predicated on normalization in inflation trends in the second half and has lowered his FY23 EPS estimate to $7.60 from $8.41…