Reports Q1 revenue $3B, consensus $3.04B. Q1 blended same-restaurant sales increased 4.7%. “We had a strong start to the fiscal year with same-restaurant sales and earnings growth that exceeded our expectations,” said Darden (DRI) President & CEO Rick Cardenas. “The strength of our results is a testament to the power of our strategy. Across our portfolio, our restaurant teams remained focused on being brilliant with the basics and, at the Darden level, we continued to leverage our four competitive advantages to position our brands for long-term success. Our winning strategy is enabling us to grow sales and market share, while making meaningful investments in our business and returning capital to our shareholders.”
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