11,723-share stake increase: Choreo LLC raised its Darden Restaurants ownership by 38.7% during Q2.

Choreo LLC boosted its stake in Darden Restaurants by 38.7%, now holding 11,723 shares. Institutional investors own 93.64% of the company. Darden's latest earnings per share reached $2.65, surpassing expectations of $2.61, with quarterly revenue up 8.3% to $3 billion. The company has a market cap of $18.78 billion and a dividend payout ratio of 65.73%. Other investors also adjusted their positions in DRI during the second quarter.

September 12, 2024
7 Articles

Further Reading