Darden Restaurants traded at $198.90 this Thursday March 26th, decreasing $2.76 or 1.37 percent since the previous trading session. Looking back, over the last four weeks, Darden Restaurants lost 6.99 percent. Over the last 12 months, its price fell by 4.37 percent. Looking ahead, we forecast Darden Restaurants to be priced at 195.61 by the end of this quarter and at 178.53 in one year, according to Trading Economics global macro models projections and analysts expectations.
Darden Restaurants, Inc. is a full-service restaurant company. The Company owned and operated 1,536 restaurants through its subsidiaries in the United States and Canada, as of May 29, 2016. The Company's segments include Olive Garden, LongHorn Steakhouse, Fine Dining (which includes The Capital Grille, and Eddie V's Prime Seafood and Wildfish Seafood Grille (Eddie V's)) and Other Business (which includes Yard House, Seasons 52, Bahama Breeze, consumer-packaged goods and franchise revenues). As of May 29, 2016, the Company also had 50 restaurants operated by independent third parties pursuant to area development and franchise agreements. Olive Garden's menu includes a range of authentic Italian foods featuring fresh ingredients and a selection of imported Italian wines. LongHorn Steakhouse restaurants feature a range of menu items, including fresh steaks and chicken, as well as salmon, shrimp, ribs, pork chops, burgers and prime rib.