Column: Coronavirus will hurt us all. But it will be worst for those who have the least [Los Angeles Times (CA)]
Darden Restaurants, Inc. (DRI)
Last darden restaurants, inc. earnings: 3/19 07:00 am
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Source: Los Angeles Times
For many salaried, white-collar employees, the coronavirus crisis will be burdensome, scary, even painful, but financially survivable. Most have the security of a home with all the services they need to remain productive while telecommuting, assuming their employer allows it--and they don’t fall ill themselves. Their 401(k) plans are taking a hit, but the lights are on, the larder is stocked, the internet is working. The next mortgage and credit card payments are scheduled. They will have received emails from the banks and retailers they patronize, assuring them that the firms stand ready to serve them online if they can’t shop in person for whatever reason. That’s not the case for Jim Conway, 63, who has been a server at an Olive Garden restaurant in Pittsburgh for 16 years. During that time, his hourly wage has gone from $2.83 plus tips when he started, to $2.83 plus tips now. That’s the Pennsylvania minimum wage for tipped employees , which hasn’t changed by a penny in all that tim
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DRI
News
- Analysts Are Updating Their Darden Restaurants, Inc. (NYSE:DRI) Estimates After Its Third-Quarter Results [Yahoo! Finance]Yahoo! Finance
- Darden Restaurants, Inc. (NYSE: DRI) had its "buy" rating re-affirmed by analysts at Truist Financial Co.. They now have a $190.00 price target on the stock.MarketBeat
- Olive Garden's earnings just pulled back the curtain on the economy: The rich are dining out while the poor are falling back [Yahoo! Finance]Yahoo! Finance
- Darden Restaurants, Inc. (NYSE: DRI) had its price target lowered by analysts at Citigroup Inc. from $200.00 to $192.00. They now have a "buy" rating on the stock.MarketBeat
- Olive Garden's earnings just pulled back the curtain on the economy: The rich are dining out while the poor are falling back [Fortune]Fortune
DRI
Earnings
- 3/21/24 - Miss
DRI
Sec Filings
- 3/27/24 - Form 144
- 3/21/24 - Form 8-K
- 2/26/24 - Form 4
- DRI's page on the SEC website