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

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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 (NYSE: 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 (NASDAQ: BLMN)
  • Del Frisco's Restaurant Group Inc (NASDAQ: DFRG)
  • Kona Grill Inc (NASDAQ: KONA)
  • Ruby Tuesday, Inc. (NYSE: RT)
  • BJ's Restaurants, Inc. (NASDAQ: BJRI)
  • Bravo Brio Restaurant Group, Inc. (NASDAQ: BBRG)
  • Diversified Restaurant Holdings, Inc. (NASDAQ: SAUC)
 

Related Articles (DRI)

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