Darden Restaurants Makes New All-Time High After Q4 Beat

Darden Restaurants, Inc. DRI shares are trading higher by $4.50 (5.2 percent) at $94.58 in Tuesday's session.

The catalyst for the rally is an adjusted Q4 EPS beat of 3 cents along with a sales beat of $60 million.

After a much higher open right at its former all-time high of $93.02, it had a brief retreat to $92.29 before continuing its move higher. The ensuing rally has continued to make new highs for the session with the current one standing at $94.88.