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Darden Restaurants Is Serving What The Market Wants

1 36 14
24.09.2021

Darden Restaurants’ (NYSE: DRI) fiscal Q1 earnings results reminded us that not all S&P 500 companies are the same. While the headwinds of inflation are blowing strongly through the market, Darden has been able to outperform on all metrics where other S&P 500 companies have not. The company not only beat its Q1 consensus, but its business is above the pre-COVID levels, its margins are growing, and the guidance is favorable. If you're looking for a high-quality dividend growth stock that's also actively buying back shares, Darden Restaurants qualifies and is poised to outperform during the fourth quarter and in 2022.

Darden Restaurants had a truly good quarter despite headwinds blowing throughout the economy. The difference with Darden compared to some others in the market is that its business is more domestic than not, and it is much less reliant on the........

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