Darden Restaurants beats earnings, but this analyst is cautious

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Darden Restaurants Nouvelles

Earnings Report,Profit Estimates,Francfort

Shares of Darden Restaurants (DRI) are rising following the company's better-than-expected earnings report, surpassing both revenue and profit estimates...

) are rising following the company's better-than-expected earnings report, surpassing both revenue and profit estimates. Despite this beat, Guggenheim Securities Senior Analyst Gregory Francfort joins Catalysts to discuss his decision to trim estimates for the company's upcoming quarter.

So a little bit less people, um, or fewer people removing a drink, removing a side, uh, mix was actually relatively flattish in the quarter. And then we'll be watching that when we get the rest of, uh, rest her earnings coming through in the next month or so.

 

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