First-quarter comparables missed results – Longhorn stark, Olive Garden schwach From Investing.com

On Thursday, I received Evercore’s ISI “In Line” rating and the $165.00 price tag for Darden Restaurants (NYSE:DRI), which I had presented to the company after its results for the first business quarter.

In the news that Darden’s Same-Store Sales (SSS) showed a 1.1% decline in product sales. A shortfall of 0.4% of consensus estimates is emerging. While Olive Garden’s performance, Darden’s sales chain, cashed in on a 2.9% SSS rebound and the analysts’ forecast of a 1.7% rebound on the consensus of 1.3% is below the blunders.

Unternehmens’ EPS for the quarter was $1.75, a 2% shortfall over time. These items fell short of Evercore ISI’s forecast of $1.85 and the stock price of $1.83, which would have sent a lower price to earnings.

Trotz des Rückgangs said Olive Garden about a long-term SSS-Anstieg of 4%, was a Verlangsamung gegenüber dem Anstieg of 7.8% during the quarter of the Geschäftsjahres 2024.

The work of Olive Garden, one of the “Never Ending Pasta Bowl”, which started on August 26, begins, the Verbesserungen in the Kundenverkehr nach een July beige lagen haben. Since Olive Gardens SSS was never 1 Prozentpunkt hinter der Casual-Dining-Branche zur ck, it was übereinstimmt with the Leistung of the previous Quartals.

I think Longhorn Steakhouse, another Marke in Darden-Portfolio, has won an SSS-Wachstum of 3.7% and the highest rate of the Schätzung of Evercore ISI of 3% Wachstum and the consensus. This Wachstum was op de Leistung der Casual-Dining-Branche op een beach van 6 Prozentpunkt, was een Verbesserung gegenüber dem Vorsprung van 4 Prozentpunkten in de quartal Darstellt.

The Fine-Dining and other Special segments of Darden, which etwa 30% of the Unternehmensumsatzes ausmachen, blieben ebenfalls behind the Erwartungen zurück. SSS in Fine-Dining-Bereich fell to 6%, lagging Evercore ISI forecasts of 2% and gains of 1%. The other special segment, which won the Marken with Cheddar’s, acquired an SSS rückgang of 1.8% and would give a hint of the Schätzungen of Evercore ISI and the Konsens zurück.

In others, Darden Restaurants news is a possible delivery partnership with Uber Technologies. The pilot program began in late 2024 in selected Olive Garden stores, with plans to discontinue the service at all 900 nationwide stores by May 2025. This strategic strategy follows a share price and profit from the Darden quarter, with a share price up 1.1% and a share price that defies inflation. The company also reported a profit of $1.75 for Aktie in the first quarter and a net profit of $2.76 billion.

In the most recent analyst commentary, Barclays called an “overweight” rating at $180.00, while Citi gained a “buy” rating at $191.00. TD Cowen, however, pushed its rating up by 100% from the stock, suggesting the stock should be reclassified as “hold.” These reflections mirror the analysts’ perspective on the most sophisticated and inquisitive longs more broadly.

Darüber hinaus hat Darden kürzlich Chuy’s, a Kette of Tex-Mex-Restaurants with full service, for 605 Million US-Dollar übernamen, a Schritt, der voaussichtlich a neutral Einfluss on the Gewinn pro Aktie for the Geschäftsjahr 2025 haben wird.

InvestingPro Insights

Where Darden Restaurants (NYSE:DRI) has done a good job with its brand portfolio that navigates, can rely on financial know-how and market trends as an orientation that you can find. Laut InvestingPro-Daten verfügt a market cap of US$18.92 billion and was a bedeputy price in the broader industry. The companies have received a broader status with a value of 8.6% in the last month of the month of Q4. Q2 2024, which has brought the market to the scaffolding. If we look at the Dardens Commitment to action, it has been 30 years of dividend payments, with a remarkable dividend payout of 15.7% over time. This commitment to a dividend boost with an InvestingPro tip is that the Dardens are making a lot of money, while the dividend lasts three years into the future.

All indications are not so favorable. The company was traded with a high KGV of 18.78, but it was a fact that the Aktienkurs in the Vergaich zum shortfristigen Gewinnwachstum is relatively teuer. Consider a further InvestingPro tip, which lets you know that your partner is one of the best

This description can be performed by the intelligent intelligence. Weitere Informationen entnehmen Sie bitte unseren Nutzungsbedingungen.