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.
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.
Discount store chain Dollar General Corporation (NYSE: DG) will be reporting third-quarter results next week. Operating nearly 20,000 stores across the US, it is one of the largest supermarket chains
Shares of Dollar Tree, Inc. (NASDAQ: DLTR) were up over 1% on Thursday. The stock has dropped 13% year-to-date. The discount retailer delivered third-quarter 2023 earnings results that did not
The Kroger Co. (NYSE: KR) reported its third quarter 2023 earnings results today. Total company sales were $34 billion compared to $34.2 billion for the same period last year. Identical sales