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Darden Restaurants Inc

Fast food diners switch to casual chains, Darden CEO says

by Anas Siddiqui
Fast food diners switch to casual chains, Darden CEO says

Customers arrive at an Olive Garden location in San Antonio, Texas. Callaghan O’Hare | Bloomberg | Getty Images Casual-dining chains are gaining customers who have grown frustrated with higher fast-food …

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Darden Restaurants (DRI) Q4 2024 earnings

by Anas Siddiqui
Darden Restaurants (DRI) Q4 2024 earnings

Olive Garden Italian restaurant sign showing company logo, Spokane Valley, Washington, owned by Darden Restaurants Incorporated headquartered in Florida.  Universal Images Group | Getty Images Darden Restaurants on Thursday reported …

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The 4 things we’re most focused on in the stock market this week

by Akin Smith
The 4 things we’re most focused on in the stock market this week

The Nasdaq Composite inched higher Friday to claim its fifth straight record close, as new data this past week showed a continued cooling of inflation and Treasury yields retreated. For …

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Walmart bubble due to high-income grocery spending, warns Bill Simon

by Walter Watson
Walmart bubble due to high-income grocery spending, warns Bill Simon

Higher-income consumers may be creating a frothy situation at Walmart. Even though affluent shoppers helped drive the retailer’s latest beat on quarterly results, former Walmart U.S. CEO Bill Simon warns …

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Twin Peaks, Smokey Bones confidentially file for IPO

by Anas Siddiqui
Twin Peaks, Smokey Bones confidentially file for IPO

Smokey Bones at Broadcasting Square.  Tim Leedy | Medianews Group | Getty Images Fat Brands said Tuesday it has confidentially filed to take its Twin Peaks and Smokey Bones restaurant …

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Red Lobster seeks a buyer as it looks to avoid bankruptcy filing

by Anas Siddiqui
Red Lobster seeks a buyer as it looks to avoid bankruptcy filing

Beleaguered seafood chain Red Lobster is seeking a buyer as it looks to avoid filing for bankruptcy, CNBC has learned.  The company has considered filing for bankruptcy to help it …

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Top 10 fastest-growing retail brands in the U.S., according to Yelp

by Anas Siddiqui
Top 10 fastest-growing retail brands in the U.S., according to Yelp

The new restaurant in your neighborhood may look familiar. Chains owned by publicly traded restaurant companies accounted for half of the top 10 fastest-growing retail brands in the U.S. last …

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Darden Restaurants (DRI) Q3 2024 earnings

by Anas Siddiqui
Darden Restaurants (DRI) Q3 2024 earnings

A sign hangs on the front of an Olive Garden restaurant on June 22, 2023 in Chicago, Illinois. Scott Olsen | Getty Images Darden Restaurants on Thursday reported mixed quarterly …

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Stock market today: Live updates

by Walter Watson
Stock market today: Live updates

Zero rate cuts by the Fed this year ‘definitely on the table,’ Matt Higgins of RSE Ventures says The Federal Reserve is unlikely to cut rates thrice this year, Matt …

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These stocks are well-positioned for when the Fed cuts rates

by Walter Watson
These stocks are well-positioned for when the Fed cuts rates

The Federal Reserve’s rate hiking cycle appears to have reached its end. With this in mind, Barclays named its top stock picks for the rate cuts in sight. “The timing …

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