Darden Restaurants, Inc.·Consumer Cyclical

Restaurant sales rose for the third straight month despite soaring gas prices, lifting prospects for SBUX, DRI and ARMK.

Concurrent Investment Advisors LLC raised its holdings in Darden Restaurants, Inc. (NYSE: DRI) by 313.9% during the undefined quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,598 shares of the restaurant operator's stock after buying an additional 10,313 shares during the period. Concurrent Investment Advisors

AEGON ASSET MANAGEMENT UK Plc trimmed its position in shares of Darden Restaurants, Inc. (NYSE: DRI) by 41.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 172,429 shares of the restaurant operator's stock after selling 122,950 shares during the period. AEGON

Cwm LLC raised its holdings in Darden Restaurants, Inc. (NYSE: DRI) by 33.8% during the undefined quarter, according to the company in its most recent disclosure with the SEC. The firm owned 14,693 shares of the restaurant operator's stock after buying an additional 3,708 shares during the quarter. Cwm LLC's holdings in Darden

DRI's LongHorn Steakhouse posts 7.2% comps, beating industry trends with strong traffic, value appeal and execution, positioning it as a key growth driver.

KBC Group NV lowered its stake in Darden Restaurants, Inc. (NYSE: DRI) by 17.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 16,911 shares of the restaurant operator's stock after selling 3,649 shares during the quarter. KBC Group NV's holdings in Darden Restaurants were
Darden Restaurants, Inc., through its subsidiaries, owns and operates full-service restaurants in the United States and Canada. As of May 29, 2022, it owned and operated 1,867 restaurants, which included 884 under the Olive Garden brand, 546 under the LongHorn Steakhouse brand name, 172 under the Cheddar's Scratch Kitchen brand, 85 under the Yard House brand name, 62 under The Capital Grille brand, 45 under the Seasons 52 brand name, 42 under the Bahama Breeze brand, 28 under the Eddie V's Prime Seafood brand name, and 3 under the Capital Burger brand; and franchised 60 restaurants comprising 35 under the Olive Garden brand, 18 under the LongHorn Steakhouse brand name, 4 under the Cheddar's Scratch Kitchen brand, 2 under The Capital Grille brand name, and 1 under the Bahama Breeze brand.Darden Restaurants, Inc. was founded in 1968 and is based in Orlando, Florida.
Consumer Cyclical
Restaurants
191,105
1995-05-09
0.59