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