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Shares of Darden Restaurants, Inc. (NYSE: DRI) were down over 2% on Friday. The stock has dropped 17% year-to-date. The restaurant operator delivered sales and earnings growth for the first quarter of 2026 and updated its outlook for the full year. The company benefited from positive same-restaurant sales across most of its segments. Here’s a … Read more
Darden Restaurants, Inc. (NYSE: DRI) reported its first quarter 2026 earnings results today. Total sales increased 10.4% year-over-year to $3 billion. Blended same-restaurant sales increased 4.7%. Net earnings grew to $257.8 million, or $2.19 per share, from $207.2 million, or $1.74 per share, last year. Adjusted EPS rose 12.6% to $1.97. For fiscal year 2026, … Read more
Darden Restaurants, Inc. (NYSE: DRI) is all set to report its first-quarter results next week, amid expectations for an increase in sales and profit. The positive trends helping the business this year include resilient performance by its core casual-dining brands and recent moderation in input prices. However, changing consumer preferences amid economic uncertainties and reduced … Read more
McDonald’s employees will not only get no benefits from President Donald Trump’s no-tax-on-tips efforts, but the policy also exposes inequities between businesses that decide to pay workers the federal minimum wage versus those who pay employees a smaller wage supplemented by tips, according to CEO Chris Kempczinski. The fast-food boss told CNBC’s “Squawk Box” on … Read more
Semma restaurant in New York, NY. Courtesy: Steven Hall Executive Chef Vikas Khanna has plated hundreds of thousands of dinners over the past 20 years — and he’s seen firsthand just how much Indian cuisine has evolved in the U.S. Khanna, a world-renowned Indian restaurateur, created Junoon, his high-end Indian restaurant in New York City, … Read more
Starbucks Protein Drink Courtesy: Starbucks Restaurant chains are joining in on the protein frenzy, hoping to encourage diners to pay more for extra macronutrients during a time when many consumers aren’t spending as much. From “gym bros” to users of GLP-1 drugs like Ozempic, many Americans are trying to add more protein to their diets, … Read more
Chipotle Mexican Grill’s new Adobo Ranch dip Source: Chipotle Mexican Grill Restaurant brands are hoping hot new menu items will drive visits among younger costumers. Hot, in this case, is literal. Spicy items like chicken sandwiches, seasoned sides and sauces are cropping up more often on menus at major fast-casual and quick-service chains. The idea … Read more
Darden Restaurants, Inc. (NYSE: DRI) reported its fourth quarter 2025 earnings results today. Total sales increased 10.6% year-over-year to $3.3 billion. Blended same-restaurant sales increased 4.6%. Net earnings were $303.8 million, or $2.58 per share, compared to $308.1 million, or $2.57 per share, last year. For fiscal year 2026, the company expects total sales growth of … Read more
The Trump administration directed immigration officers to pause arrests at farms, restaurants and hotels, after President Donald Trump expressed alarm about the impact of aggressive enforcement, an official said Saturday. The move follows weeks of increased enforcement since Stephen Miller, White House deputy chief of staff and main architect of Trump’s immigration policies, said U.S. Immigration and … Read more
GLP-1 users taking drugs like Ozempic and Wegovy are spending less on eating at restaurants and on take-out dinners, according to a new report from Bloomberg Intelligence. Changing eating habits add to a growing number of headwinds the hospitality industry is facing as a result of slow pandemic recovery and tariff-induced economic uncertainty. As restaurants … Read more
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