tiprankstipranks
Darden (NYSE:DRI) Ticks Lower on Q1 Top Line Miss
Market News

Darden (NYSE:DRI) Ticks Lower on Q1 Top Line Miss

Shares of Darden Restaurants (NYSE:DRI) are trending lower today after the company’s first-quarter numbers came in mixed. Top-line increased 6.1% year-over-year to $2.45 billion but missed the cut by ~$20 million. Earnings per share at $1.56 came in line.

The company sees 2023 revenues land between $10.2 billion and $10.4 billion. The bottom line is anticipated between $7.40 and $8.

Further, comparable sales growth is expected between 4% and 6%.

Read full Disclosure

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles