5 Cheap Restaurant Stocks to Buy Now

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1. Darden Restaurants, Inc. (NYSE:DRI)

Number of Hedge Fund Investors in Q1 2023: 30

Trailing P/E Ratio: 20.93

Darden Restaurants, Inc. (NYSE:DRI) is one of the larger companies on our list, with close to 200 thousand full time employees. Its fourth quarter of the fiscal year 2023 led to a 6.4% annual sales growth, and for the full year, revenue increased by 8.9%.

As of March 2023, 30 out of the 943 hedge funds part of Insider Monkey’s database had invested in Darden Restaurants, Inc. (NYSE:DRI). Peter Rathjens, Bruce Clarke, and John Campbell’s Arrowstreet Capital is the largest hedge fund investor since it has invested $178 million in the company.

Follow Darden Restaurants Inc (NYSE:DRI)

Disclosure: None. You can also take a look at 25 Most Exclusive Luxury Brands in the World and 15 Most Famous Hedge Fund Managers.

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