— Darden Restaurants Inc. (NYSE: DRI) reported Q2 2020 earnings of $1.12 per share, vs. $1.07 expected.
— Sales grew 4.2% to $2.06 billion, vs. $2.06 billion expected.
— Blended same-restaurant sales increased 2%.
— FY2020 total sales growth is expected to be 5.3% to 6.3%.
— FY2020 same-restaurant sales growth is expected to be 1-2%.
— FY2020 adjusted diluted EPS from continuing operations is expected to be $6.30-6.45.
— For FY2020, Darden expects approx. 50 gross and 44 net new restaurant openings.
— DRI shares fell 3% immediately following the announcement.
Get access to timely and accurate verbatim transcripts that are published within hours of the event.
Most Popular
What to expect when Signet Jewelers (SIG) reports Q1 earnings
Shares of Signet Jewelers Limited (NYSE: SIG) were over 3% on Monday. The stock has dropped 13% over the past 3 months. The jewelry retailer is set to report its
MDB Infographic: Highlights of MongoDB’s Q1 2024 earnings report
Software company MongoDB, Inc. (NASDAQ: MDB) has announced financial results for the first quarter of 2024, posting an increase in revenues and adjusted profit. The company reported a 29% increase
Campbell Soup to report Q3 results Wednesday. Here’s what to expect
Campbell Soup Company (NYSE: CPB) is coming out of a rough patch after the packaged food company's sales and earnings got affected by the pandemic, due to the widespread movement