Categories AlphaGraphs, Consumer, Earnings
DRI Earnings: Key quarterly highlights from Darden Restaurants’ Q1 2024 financial results
Darden Restaurants, Inc. (NYSE: DRI) reported first quarter 2024 earnings results today.
Total sales increased 11.6% to $2.73 billion compared to the same period last year. Blended same-restaurant sales were up 5%.
Net earnings were $194.5 million, or $1.59 per share, compared to $193 million, or $1.56 per share, last year. Adjusted EPS from continuing operations was $1.78, up 14.1% year-over-year.
Both revenue and earnings beat expectations.
For fiscal year 2024, adjusted EPS from continuing operations is expected to be $8.55-8.85.
Prior performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Home Depot (HD) Q1 2024 Earnings: Key financials and quarterly highlights
The Home Depot (NYSE: HD) reported first quarter 2024 earnings results today. Sales decreased 2.3% year-over-year to $36.4 billion. Comparable sales decreased 2.8%. Net earnings were $3.6 billion, or $3.63 per share, compared
Applied Materials (AMAT) is set to report Q2 results. Here’s what to expect
Applied Materials, Inc. (NASDAQ: AMAT), a leading supplier of semiconductor fabrication equipment, has successfully navigated through market challenges, aided by its diversified customer base and continued innovation. The tech firm
What to expect when Lowe’s Companies (LOW) reports Q1 2024 earnings results
Shares of Lowe's Companies, Inc. (NYSE: LOW) were down over 1% on Monday. The stock has gained over 4% year-to-date. The home improvement retailer is scheduled to report its first