— 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
Aurora Cannabis (ACB) Earnings: 3Q21 Key Numbers
Aurora Cannabis Inc. (NYSE: ACB) reported third quarter 2021 earnings results today. Total revenues fell 25% year-over-year to CAD55.1 million. Adjusted EBITDA loss amounted to CAD24 million. Cash balance as
Walt Disney (DIS) Q2 revenue down 13%; earnings beat estimates
Media behemoth The Walt Disney Company (NYSE: DIS) reported second-quarter revenues that declined from last year as customers stayed away from theatres and parks due to pandemic-related safety issues and
Three key factors that bode well for Tattooed Chef (TTCF) going forward
Shares of Tattooed Chef Inc. (NASDAQ: TTCF) have gained 57% over the past 12 months but has dropped 25% since the start of this year. The sentiment on the stock
