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Stock impact report

Darden Q2 Earnings Lag Estimates, Revenues Surpass, Stock Up [Yahoo! Finance]

Darden Restaurants, Inc. (DRI) 
Last darden restaurants, inc. earnings: 3/19 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Following the results, the stock rose 5% in today's pre-market trading session. During the fiscal second quarter, Darden reported adjusted earnings per share (EPS) of $2.08, missing the Zacks Consensus Estimate of $2.09. In the prior-year quarter, DRI reported an adjusted EPS of $2.03. Total sales during the quarter were $3,102.1 million, surpassing the consensus mark of $3,084 million. Sales increased 7.3% from the prior-year quarter's level. This upside was backed by a blended same-restaurant sales increase of 4.3%. Also, contributions from 30 net new restaurants added to the positives. Darden Restaurants, Inc. price-consensus-eps-surprise-chart | Darden Restaurants, Inc. Quote Darden reports business under four segments — Olive Garden, LongHorn Steakhouse, Fine Dining, including The Capital Grille and Eddie V's, and Other Business. During the fiscal second quarter, sales at Olive Garden increased 5.4% year over year to $1.36 billion. Our estimate for the metric was $1.33 Show less Read more
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