Information Provided By:
Fly News Breaks for June 11, 2018
DRI
Jun 11, 2018 | 08:43 EDT
Maxim analyst Stephen Anderson kept his Buy rating and $112 price target on Darden ahead of its June 21st earnings, saying the quarter stands to benefit from the add-on promotion at Olive Garden boosting its average ticket sales. The analyst also notes that the shift to positive comps at Darden's newest concept - Cheddar's - will serve as a catalyst in FY19, while the cost pressures remain contained from more benign food prices following a jump in the second half of FY18. Anderson keeps his FY19 EPS view of $5.63 and FY19 blended comps estimate of 2.4%.
News For DRI From the Last 2 Days
There are no results for your query DRI