Darden Restaurants Inc (DRI.N)

DRI.N on New York Stock Exchange

51.78USD
8:00pm GMT
Price Change (% chg)

$0.60 (+1.17%)
Prev Close
$51.18
Open
$51.71
Day's High
$51.81
Day's Low
$51.46
Volume
312,170
Avg. Vol
463,496
52-wk High
$54.88
52-wk Low
$43.56

DRI.N

Chart for DRI.N

About

Darden Restaurants, Inc. is full service restaurant company. The Company owns and operates more than 1,500 restaurants. The Company's restaurant brands include Olive Garden, LongHorn Steakhouse, Bahama Breeze, Seasons 52, The Capital Grille, Eddie V's and Yard House. In July 2014, Golden Gate Capital acquired the Red Lobster... (more)

Overall

Beta: 0.72
Market Cap (Mil.): $6,788.90
Shares Outstanding (Mil.): 132.65
Dividend: 0.55
Yield (%): 4.30

Financials

  DRI.N Industry Sector
P/E (TTM): 56.21 53.66 16.28
EPS (TTM): 0.91 -- --
ROI: 2.43 9.87 16.55
ROE: 5.80 12.70 20.59
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Fitch Solutions: Management Shakeups Drive Darden's CDS Out 47%

(The following statement was released by the rating agency) NEW YORK, October 21 (Fitch) Recent managerial changes at Darden Restaurants have sent the company's credit default swap (CDS) spreads to levels not seen in over a year, according to Fitch Solutions in its latest CDS case study snapshot. Five-year CDS on Darden have widened 47% over the past month. After pricing historically at 'BB+' levels, credit protection on Darden's debt is now pricing a notch lower in 'BB' territory. Increas

21 Oct 2014

Darden gets new management; no salted pasta water yet

- Darden Restaurants Inc on Tuesday announced new leadership following a board coup by activist investor Starboard Value LP, whose recipe for fixing the company's ailing Olive Garden chain included salting pasta water, doling out fewer free breadsticks and pushing more wine.

14 Oct 2014

UPDATE 2-Darden gets new management; no salted pasta water yet

Oct 14 - Darden Restaurants Inc on Tuesday announced new leadership following a board coup by activist investor Starboard Value LP, whose recipe for fixing the company's ailing Olive Garden chain included salting pasta water, doling out fewer free breadsticks and pushing more wine.

14 Oct 2014

Darden Restaurants names Gene Lee interim CEO

Oct 14 - Darden Restaurants Inc said Chief Operating Officer Gene Lee would take over as its interim chief executive, replacing Clarence Otis.

14 Oct 2014

Darden activist ousts Olive Garden owner's full board

ORLANDO/LOS ANGELES - Activist shareholder Starboard Value LP won its standoff with Darden Restaurants Inc , convincing shareholders to replace the entire board of the Olive Garden parent, a rare victory for dissident investors.

10 Oct 2014

UPDATE 4-Darden activist ousts Olive Garden owner's full board

ORLANDO/LOS ANGELES, Oct 10 - Activist shareholder Starboard Value LP won its standoff with Darden Restaurants Inc , convincing shareholders to replace the entire board of the Olive Garden parent, a rare victory for dissident investors.

10 Oct 2014

Deals of the day- Mergers and acquisitions

(Adds Darden Restaurants, Fidelity, Lanco Infratech, Twenty-First Century Fox, Reliance Industries, Unicredit and Tieto)

10 Oct 2014

Darden investors elect starboard's full slate of board nominees

Oct 10 - Darden Restaurants Inc investors elect Starboard's full slate of 12 board nominees. Darden had nominated eight directors, including four incumbents. (Reporting by Lisa Baertlein in Los Angeles)

10 Oct 2014

Factbox: Darden, Starboard's dueling board nominees

- Shareholders in Darden Restaurants Inc on Friday will decide whether to hand control of Darden's board to activist Starboard Value LP at the company's annual meeting on Friday in Orlando.

10 Oct 2014

FACTBOX-Darden, Starboard's dueling board nominees

Oct 10 - Shareholders in Darden Restaurants Inc on Friday will decide whether to hand control of Darden's board to activist Starboard Value LP at the company's annual meeting on Friday in Orlando.

10 Oct 2014

Earnings vs. Estimates

Analyst Research Reports

Report Title Price
Provider: S&P Capital IQ – STARS Reports
£82.00
Provider: Ford Investor Services, Inc.
£8.00

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