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Darden Restaurants, Inc. (NYSE:DRI) shares are trading higher in the premarket session on Thursday. The company reported that the second quarter adjusted earnings per share was $2.03, beating the ...
Source: Darden. Overshadowing Darden's results was the announcement that the company signed a two-year exclusive deal with Uber Eats for it to be Olive Garden's third-party delivery service.
Darden Restaurants, Inc. is an American multi-brand restaurant operator headquartered in Orlando, Florida. [1] Darden has more than 1,800 restaurant locations and more than 175,000 employees, making it the world's largest full-service restaurant company. [ 2 ]
It also comes in above Wall Street’s earnings per share estimate of $1.24 for the quarter, but Darden Restaurants stock is still down today. Net income reported by Darden Restaurants for its ...
Buy–sell agreement can be in the form of a cross-purchase plan or a repurchase (entity or stock-redemption) plan. For greater neutrality and effectiveness of the buy–sell arrangement, the service of a corporate trustee is recommended. Profit or loss from a buy-sell agreement may trigger tax conquencess and taxable income. [2]
Darden Restaurants (DRI) closed at $146.70 in the latest trading session, marking a -0.3% move from the prior day.
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