DailyIQ
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Sector:Consumer CyclicalAll sectors
Last updated 2 minutes ago

DRI·Darden Restaurants, Inc.

$.
-. (-.%)
After Hours
High
$207.36
Open
$204.89
Market Cap
23.55B
52W High
$228.27
Low
$203.23
P. Close
$204.48
P/E
21.30
52W Low
$169.00
Fwd P/E
-
Mean Target
$225.31
Technical Score (1D)
68
BUY
News Sentiment
53
MIXED
Darden Restaurants (DRI) recently completed a property asset exchange with Four Corners Property Trust (FCPT), trading a closed Bahama Breeze location in Michigan for an Olive Garden property in Nevada. This cashless transaction, where DRI will lease back the acquired Olive Garden property under unchanged terms, suggests a strategic reallocation of assets and a focus on optimizing its real estate portfolio. Investors should watch for any commentary on the impact of this exchange on operational efficiency and future expansion plans during the upcoming earnings call. Looking ahead, Darden Restaurants is scheduled to release its fiscal year 2026 fourth quarter and full year financial results before market open on June 25, 2026. The company will host a conference call at 8:30 a.m. ET to discuss these results, providing key insights into the company's performance and outlook. The market will be focused on revenue growth, same-restaurant sales, and profit margins, particularly in light of the recent asset exchange and broader consumer spending trends. Any guidance provided for the upcoming fiscal year will be critical for assessing future performance.
Earnings Summary
Darden Restaurants, Inc. is a prominent operator of full-service dining establishments across the United States and Canada, boasting a portfolio of well-known brands such as Olive Garden and LongHorn Steakhouse. Operating within the Consumer Cyclical sector, specifically the Restaurants industry, Darden focuses on delivering diverse dining experiences to a broad consumer base. In its most recent reported quarters, Darden demonstrated a mixed performance against analyst expectations. For Q3 2026, the company reported revenue of $3.345 billion, exceeding the estimate of $3.331 billion, and EPS of $2.95, slightly beating the estimate of $2.94. This followed Q2 2026 where revenue of $3.102 billion met the estimate of $3.101 billion, but EPS of $2.08 missed the estimate of $2.12. Looking at the prior fiscal year's comparable quarters, Q3 2025 saw revenue of $3.045 billion and EPS of $1.97, which missed the estimate of $2.01, and Q4 2025 revenue of $3.102 billion with EPS of $2.08, missing the estimate of $2.10. The trend shows revenue growth in the most recent periods, but EPS performance has been more inconsistent, with recent quarters meeting or slightly beating estimates after a period of misses. Recent news highlights Darden's fiscal third-quarter results, with total sales up 5.9% driven by a 4.2% increase in same-restaurant sales, beating revenue expectations and meeting EPS estimates. Analysts have shown continued confidence, with Bank of America and BTIG maintaining Buy ratings and adjusting price targets, anticipating stable same-store sales growth for key brands. Investors will be watching for continued same-restaurant sales momentum and the company's ability to navigate potential headwinds such as rising gasoline prices impacting consumer discretionary spending. Key will be the company's updated full-year guidance and its execution on sales initiatives to maintain positive operational trends in the upcoming quarters.

EPS

EstBeatMiss
$1.82$2.15$2.48$2.80$3.13Q2'25Q3'25Q4'25Q2'26Q3'26
QtrEstActual+/−
Q3'26$2.94$2.95+0.3%
Q2'26$2.12$2.08-2.0%
Q4'25$2.10$2.08-0.8%
Q3'25$2.01$1.97-2.0%
Q2'25$2.97$2.98+0.4%

Revenue

EstBeatMiss
$3.0B$3.1B$3.2B$3.3B$3.4BQ2'25Q3'25Q4'25Q2'26Q3'26
QtrEstActual+/−
Q3'26$3.3B$3.3B+0.4%
Q2'26$3.1B$3.1B+0.0%
Q4'25 - $3.1B -
Q3'25 - $3.0B -
Q2'25 - $3.3B -
Full Earnings BreakdownEstimates, actuals, guidance, and historical context
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Market Data

DRI Stock Snapshot

DRI is currently trading at $204.47, giving Darden Restaurants, Inc. a market cap of 23.55B and a P/E ratio of 21.3. Today's range spans $203.23–$207.36, with shares opening at $204.89 and moving down $0.01 (0.0%) from the prior close. DailyIQ's technical score sits at 68/100 (BUY) with a news sentiment reading of 53/100.

Over the past year DRI has traded between $169.00 and $228.27 - the current price is +21.0% off the 52-week low and -10.4% from the high. 37 analysts cover the stock with a Buy consensus and a mean 12-month target of $225.31 (range $156.00–$272.00), implying upside of +10.2%.

The BUY technical setup for DRI (68/100) is worth attention in the context of the broader Consumer Cyclical sector. At $204.47 (in the middle of its 52-week range), with 23.55B in capitalization and neutral sentiment at 53/100 The current P/E ratio stands at 21.3., this large-cap name sits at the intersection where momentum strategies and fundamental growth investors both find something to like. Annual range: $169.00–$228.27.

The combination of a BUY signal (68/100) and neutral news sentiment (53/100) puts DRI on the screens of active managers who run quality-momentum overlays — a cohort that can build meaningful positions at 23.55B in Consumer Cyclical market cap without immediately moving the stock. At $204.47 (in the middle of its 52-week range in the $169.00–$228.27 range), the entry discipline is clean and the potential re-rating if sentiment continues to improve is meaningful.