Darden Restaurants Inc
NYSE:DRI

  • LAST PRICE
    142.8700
  • TODAY'S CHANGE (%)
    -4.4800 (-3.0404%)
  • Bid / Lots
    140.0000/ 1
  • Ask / Lots
    148.9700/ 1
  • Open / Previous Close
    145.6100 / 147.3500
  • Day Range
    141.6800
    146.2000
  • 52 Week Range
    133.3600
    176.8350
  • Volume
    1,681,711

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  • Today

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    • 2 hours ago by Dow Jones
      Companies Mentioned: CHUY, DRI

      1536 ET - Darden Restaurants' agreement to acquire Chuy's is an all-around good deal, says Jim Salera, an analyst at Stephens. Darden adds to its portfolio a well-established regional player that fills a void in its line-up: Tex-Mex, which is especially popular with younger consumers. And Chuy's can rely on Darden to help streamline and accelerate its growth initiative, as it looks to grow its store count to more than 300 from about 100, Salera notes. Chuy's shares rise 47% to $37.34. Darden shares drop 3.7% to $141.97. (connor.hart@wsj.com, @connorhart22)

    • 5 hours ago by Dow Jones
      Companies Mentioned: CHUY, DRI

      Evie Liu

      Olive Garden parent Darden Restaurants said on Wednesday after the market close that it agreed to acquire Chuy's Holdings, a Tex-Mex restaurant chain, for $605 million.

    • 7 hours ago by Dow Jones
      Companies Mentioned: CMG, CHUY, DRI

      1058 ET - Mexican food is growing fast with younger consumers, and starting to compete with the long leading choice of pizza, industry data shows. Darden Restaurants says on an investor call that it hopes its acquisition of Tex-Mex chain Chuy's Holdings will boost its ability to appeal to these younger consumers. Fast-casual chains like Chipotle Mexican Grill are a top choice today, but younger consumers could eventually start seeking a sit-down Mexican from a place like Chuy's, Darden says. (heather.haddon@wsj.com; @heatherhaddon)

    • 7 hours ago by Dow Jones
      Companies Mentioned: CHUY, DRI

      1042 ET - Casual-dining giant Darden Restaurants nears a dozen brands with its acquisition of Chuy's Holdings, and finally achieves a goal of adding Mexican cuisine to its portfolio. Darden also says in a special investor call that it doesn't intend to dismantle Chuy's work with delivery apps, and might learn from its expertise. Darden has long refused to work with apps like DoorDash, saying they erode profit and service. Darden said after the close Wednesday that it would acquire all the outstanding shares of Chuy's for $37.50 each. Chuy's rockets 48% in morning trading, while Darden fall 1.7%. (heather.haddon@wsj.com; @heatherhaddon)

    • 9 hours ago by MT Newswires
      Companies Mentioned: TSM, CHUY, BYND, LESL, DRI
      09:01 AM EDT, 07/18/2024 (MT Newswires) -- US equity futures were mixed ahead of Thursday's opening bell with futures of the technology-heavy Nasdaq Composite higher amid a recovery in the sector. Dow Jones Industrial Average futures fell 0.2%, S&P ...

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