7 Restaurant Stocks To Keep An Eye On Following Darden's Beat And Raise

Investors might want to look at some restaurant stocks following strong results announced by Darden Restaurants Inc DRI. The company's guidance lift has boosted  sentiments on the restaurant's shares.

Darden reported net earnings of $110.2 million, or $0.87 on sales revenue of $1.687 billion for the first quarter with same-store sales recording 1.3 percent increase. The company also lifted its fiscal year 2017 EPS guidance from $3.80-$3.90 to $3.87-$3.97.

Related Link: Investors Eat Up Darden's Q1 Results, Upbeat Outlook

As a result, the following stocks are expected to see more than the normal level of intraday action on Tuesday:

  • Bloomin' Brands Inc BLMN
  • Del Frisco's Restaurant Group Inc DFRG
  • Kona Grill Inc KONA
  • Ruby Tuesday, Inc. RT
  • BJ's Restaurants, Inc. BJRI
  • Bravo Brio Restaurant Group, Inc. BBRG
  • Diversified Restaurant Holdings, Inc. SAUC
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Posted In: EarningsLong IdeasNewsGuidanceRestaurantsTrading IdeasGeneral
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