Nucor earnings beat by $0.08, revenue fell short of estimates
Darden Restaurants Inc (NYSE:DRI), the $25.5 billion restaurant group currently trading near its 52-week high of $228.27, reported its SVP, CFO Rajesh Vennam disposed of 5,780 shares of common stock on June 24, 2025, at a price of $222.215, for a total transaction value of $1.28 million. According to InvestingPro analysis, the company maintains a "GOOD" financial health score and has delivered strong returns over the past decade.
Following the transaction, Vennam directly owns 4,555.158 shares of Darden Restaurants Inc., which includes shares acquired pursuant to the Darden Restaurants, Inc. Employee Stock Purchase Plan and dividend reinvestment feature of the Plan. The company has maintained dividend payments for 31 consecutive years and currently offers a 2.76% yield. InvestingPro analysis indicates the stock is trading near its Fair Value, with 16 analysts recently revising their earnings estimates upward.
In other recent news, Darden Restaurants reported fiscal fourth-quarter earnings that slightly exceeded analyst expectations. The company posted adjusted earnings per share of $2.98 and revenue of $3.272 billion, surpassing consensus estimates. Despite this positive performance, Darden issued a conservative outlook for fiscal year 2026, projecting total sales growth of 7-8% and adjusted earnings per share between $10.50 and $10.70, which is below the consensus of $10.77. UBS maintained its Buy rating on Darden, while Truist Securities reiterated its buy rating, citing confidence in Darden’s sales momentum. Stephens raised its price target on Darden to $212, noting the company’s strategic shift toward portfolio quality after closing 22 underperforming locations. BTIG also maintained a Buy rating, highlighting Darden’s strong same-store sales growth and positive traffic at Olive Garden and LongHorn Steakhouse. Raymond (NSE:RYMD) James increased its price target to $240, emphasizing Darden’s strong comparable sales and effective value strategies. These developments reflect the company’s ongoing efforts to focus on sales growth and market share gains.
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