Categories AlphaGraphs, Consumer, Earnings
Key highlights from Darden Restaurants (DRI) Q1 2023 earnings results
Darden Restaurants, Inc. (NYSE:DRI) reported first quarter 2023 earnings results.
Total sales increased 6.1% year-over-year to $2.4 billion, driven by blended same-restaurant sales growth of 4.2%.
![](https://cdn.news.alphastreet.com/wp-content/uploads/2022/09/Darden-Restaurants-Q1-2023-Earnings-Infographic-608x1024.jpg)
Net earnings amounted to $193 million, or $1.56 per share, compared to $231 million, or $1.75 per share, in the year-ago period.
For fiscal-year 2023, Darden expects total sales of $10.2-10.4 billion and same-restaurant sales growth of 4-6%. Diluted EPS from continuing operations is expected to be $7.40-8.00.
Prior performance
![Darden Restaurants Q4 2022 earnings infographic](https://cdn.news.alphastreet.com/wp-content/uploads/2022/06/Darden-Restaurants-Q4-2022-earnings-infographic-608x1024.jpg)
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
Broadcom (AVGO) reports higher Q3 revenue and profit; results beat estimates
Semiconductor company Broadcom, Inc. (NASDAQ: AVGO) reported higher revenues and adjusted earnings for the third quarter of 2024 amid continued strong demand. The Q3 numbers also topped expectations. Earnings, excluding
Key takeaways from Hewlett Packard’s (HPE) Q3 2024 earnings report
Hewlett Packard Enterprise (NYSE: HPE) has delivered stronger-than-expected third-quarter results amid significant conversion in AI system revenues. The prospects for the company's AI server and edge computing businesses look promising
Hormel Foods (HRL): Factors that put a damper on the food company’s Q3 performance
Shares of Hormel Foods Corporation (NYSE: HRL) were up over 2% on Thursday. The stock is recovering from a fall it took a day ago after the company delivered mixed