Is DRI Outperforming the Consumer Discretionary Sector?
From Yahoo Finance: 2025-06-19 06:57:00
Darden Restaurants, Inc. is the largest full-service restaurant operator with a market cap of $26.3 billion, featuring popular chains like Olive Garden and LongHorn Steakhouse. The stock has shown strong performance, currently trading 1.9% below its 52-week high and boasting a 46.6% gain over the past year.
Darden Restaurants has outperformed the Consumer Discretionary sector, with shares rising 5% after Q3 results. The company reported adjusted EPS of $2.80 and revenue of $3.16 billion, slightly missing estimates but reaffirming full-year guidance. Analysts rate the stock a “Moderate Buy” with a mean price target of $223.85.
DRI shares have been trading above their moving averages since April, indicating a bullish trend. The company’s consistent same-store sales growth and strong operational execution have led to a 18.4% increase over the past three months, surpassing the sector’s 8.8% rise.
Long-term performance of Darden Restaurants has been impressive, with a 19.3% gain year-to-date and a 46.6% increase over the past 52 weeks. The stock has maintained relative strength within the consumer discretionary space, surpassing competitors like Starbucks Corporation.
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