Why Dine Brands (DIN) Stock Is Trading Up Today [Yahoo! Finance]
Coca-Cola Company (The) (KO)
Last coca-cola company (the) earnings: 4/21 05:55 am
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Source: Yahoo! Finance
Darden, which owns well-known chains, reported that its total sales increased 7.3% to $3.1 billion in its second quarter. The company's performance was better than expected, driven by a 4.3% increase in same-restaurant sales. The strong report from a major industry player suggested that consumer spending on dining out remained healthy, which likely improved the outlook for other companies in the sector, including Dine Brands. After the initial pop the shares cooled down to $35.07, up 3.3% from previous close. Is now the time to buy Dine Brands? Access our full analysis report here Dine Brands's shares are very volatile and have had 27 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The biggest move we wrote about over the last year was 7 months ago when the stock gained 5.2% on the news that the major indices rebounded (
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Earnings
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