As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q4. Today, we are looking at sit-down dining stocks, starting with Bloomin' Brands (NASDAQ:BLMN).
The S&P 500 is often seen as a benchmark for strong businesses, but that doesn’t mean every stock is worth owning.
Some companies face significant challenges, whether it’s stagnating growth, heavy debt, or disruptive new competitors.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Kura Sushi (NASDAQ:KRUS) and the best and worst performers in the sit-down dining industry.
Darden Restaurants reported third-quarter earnings below expectations, with sales of $3.158 billion missing the consensus estimate. Analysts, however, remain optimistic about DRI's fiscal 2026 growth potential, with Oppenheimer raising the price target to $230.
J.P. Morgan analyst John Ivankoe hosted Bloomin' Brands, CAVA Group and others at the Las Vegas forum. A major takeaway: focus on "doing fewer things better" with continued investments in customer and employee experiences. The analyst recommends adding fresh investments in BROS, SBUX, and CAVA, while maintaining cautious optimism on CMG and EAT.
Let's have a look at what is happening on the US markets in the middle of the day on Thursday. Below you can find the top S&P500 gainers and losers in today's session.
Darden Restaurants Inc (NYSE:DRI) provided a positive update on its partnership with Uber Technologies Inc (NYSE:UBER) on Thursday. The company plans to expand its delivery offering following a successful rollout.
Darden Restaurants reported a 6.2% YoY revenue increase to $3.158 billion for Q3, falling short of consensus. The company's same-restaurant sales rose 0.7%, driven by acquisitions. Darden's operating income grew 7.9%, and adjusted EPS of $2.80 surpassed expectations.
Restaurant company Darden (NYSE:DRI) fell short of the market’s revenue expectations in Q1 CY2025, but sales rose 6.2% year on year to $3.16 billion. On the other hand, the company’s outlook for the full year was close to analysts’ estimates with revenue guided to $12.1 billion at the midpoint. Its non-GAAP profit of $2.80 per share was in line with analysts’ consensus estimates.
Market indexes spent all trading day in the green for this Hump Day session, and felt encouraged enough by the Fed’s latest monetary policy overview — and later Fed Chair Jerome Powell’s press conference — to take levels higher.
