Darden Restaurants falls after quarterly results miss
24/09/2026 12:21
BUZZ-Darden Restaurants falls after quarterly results miss ** Shares of Darden Restaurants DRI.N down 5% at $203.75 premarket
** The Olive Garden parent marginally missed first-quarter sales and profit estimates as budget-conscious diners curtailed restaurant spending and prioritized value-focused purchases
** Logs Q1 sales of $3.20 billion vs estimates of $3.21 billion - data compiled by LSEG
** Reports quarterly adjusted earnings from continuing operations of $2.05 per share vs estimates of $2.06 per share
** DRI reaffirms annual EPS and same-restaurant sales growth forecasts
** As of last close, stock up ~16% YTD
(Reporting by Sanskriti Shekhar in Bengaluru)
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