– The parent of Olive Garden and other restaurant chains reported adjusted quarterly earnings of $1.76 per share, 3 cents a share above estimates. Revenue fell short of forecasts, however, and a comparable-restaurant sales increase of 1.6% was shy of the 2.3% consensus estimate of analysts surveyed by Refinitiv.
Darden also forecast full-year profit of $6.40 to $6.45 per share, compared with a $6.46 consensus estimate.– The cruise line operator reported adjusted quarterly profit of 66 cents per share, 5 cents a share above estimates. Revenue also beat forecast, however Carnival cut its full-year forecasts due to new restrictions on travel to Cuba as well as other factors. Rival cruise line operators
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