Darden Restaurants falls after missing quarterly profit estimates

Darden Restaurants

18/09/2025 12:22

** Shares of Olive Garden-parent Darden Restaurants DRI.N down ~6% at $196 premarket

** Co posts Q1 adjusted EPS of $1.97 vs. estimates of $2, while sales of $3.04 are in line with expectations- data compiled by LSEG

** Casual dining restaurants are facing demand concerns due to macroeconomic uncertainty, while battling rising input costs

** Co reiterates annual adjusted EPS expectations of $10.50 to $10.70

*** However, DRI now expects annual sales to grow 7.5% to 8.5%, compared to the previous 7% to 8% forecast

** Up to last close, stock has risen ~12% YTD

 (Reporting by Neil J Kanatt in Bengaluru)

 ((Neil.JKanatt@thomsonreuters.com;))