Darden Restaurants (DRI) Reports In-Line Q1 EPS, Offers Guidance
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Darden Restaurants (DRI) Shares Slide After Earnings, 'Driven Entirely By Olive Garden'
September 22, 2022 3:24 PM EDTDarden Restaurants (NYSE: DRI) reported fiscal first-quarter earnings before the open Thursday, sending its stock price lower.
The company posted earnings per share of $1.56, in line with the analyst estimate of $1.56, with revenue coming in at $2.4 billion versus the consensus estimate of $2.47 billion.
The company said total sales increased 6.1%, primarily driven by a blended same-restaurant sales increase of 4.2% and sales from its... More
