Categories AlphaGraphs, Consumer, Earnings, LATEST
Infographic: Highlights of Darden Restaurants’ (DRI) Q2 2021 earnings report
Darden Restaurants (NYSE: DRI) reported higher earnings for the second quarter of 2021, despite a decrease in sales amid historically low restaurant traffic due to the COVID-related restrictions.
Net profit of the Orlando, Florida-based restaurant chain increased to $96 million or $0.73 per share in the November-quarter from $24.7 million or $0.20 per share a year earlier. Analysts had forecast a lower bottom-line number.
Meanwhile, there was a 19.4% decrease in revenues to $1.66 billion. The top-line also came in below the market’s projection.
Read management/analysts’ comments on Darden’s Q2 earnings
Darden’s market value more than doubled in the past nine months. The stock closed the last trading session higher.
Looking for more insights?
Read the full conference call transcript here. It’s free!
Most Popular
Key highlights from Deere & Co.’s (DE) Q4 2024 earnings results
Deere & Company (NYSE: DE) reported its fourth quarter 2024 earnings results today. Worldwide net sales and revenues decreased 28% year-over-year to $11.14 billion. Net income was $1.24 billion, or
NVDA Earnings: Nvidia Q3 profit jumps, beats estimates
NVIDIA Corporation (NASDAQ: NVDA) on Wednesday reported a sharp increase in adjusted profit and revenue for the third quarter of 2025. Earnings also topped analysts' estimates. The tech firm’s revenues
Lowe’s Companies (LOW): A few points to note about the Q3 2024 performance
Shares of Lowe’s Companies, Inc. (NYSE: LOW) rose over 1% on Wednesday. The stock has gained 8% over the past three months. The company delivered better-than-expected earnings results for the