Darden beats Q1 sales and earnings expectations; raises outlook

Darden Restaurants Inc. (DRI) topped analysts’ expectations on sales and earnings for the first quarter of 2019. Shares rose over 4% during premarket trade following the results announcement. The restaurant chain reported a 6.5% increase in total sales to $2.06 billion compared to the same period last year. The sales increase included a 3.2% growth … Continue reading Darden beats Q1 sales and earnings expectations; raises outlook