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Olive Garden Parent Darden Beats Earnings Estimates as Sales Jump

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Darden Restaurants on Thursday reported quarterly earnings and revenue that beat analysts’ expectations, despite experiencing high inflation that weighed on its profits. Shares of the company were flat in premarket trading. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Earnings per share: $2.24 vs. $2.21 expected Revenue: $2.6 billion vs. $2.54…

on Thursday reported quarterly earnings and revenue that beat analysts' expectations, despite experiencing high inflation that weighed on its profits.

Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:Stay informed during the severe weather season with our local news and weather app. Get the NBC 5 Chicago app for

 

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It still surprises me that so many people regularly go to these garbage chain restaurants. I guess lucky for darden restaurants that millions of people love bland food. Lol

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Olive Garden parent reports earnings beat, raises its dividend and announces a $1 billion share buyback programDarden Restaurants Inc. undefined shares rose 1.6% in Thursday premarket trading after it reported a fiscal fourth-quarter earnings beat, raised its dividend... theOGindy woah, good news? In this economy? With inflation and prices up 30-50% it will look good. Spinning the story and data
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