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June 26, 2018

Darden Restaurants are on the Rise!

The owner of Olive Garden is flying after beating across the board and hiking its dividend
Business Insider

Olive Garden stopped salting the water to make pots last longer. Darden Restaurants reported earnings, revenue, and same-store sales that topped Wall Street estimates. The restaurant group raised its dividend by 19%. Shares are up 9%. Darden Restaurants, the owner of numerous restaurant chains including Olive Garden and LongHorn Steakhouse, on Tuesday reported higher-than-expected earnings and guidance, and raised its quarterly dividend. Shares are up 9% following the results. The restaurant Read the full story

 

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