Olive Garden parent misses quarterly sales and profit estimates
24/09/2026 12:05
Olive Garden parent misses quarterly sales and profit estimates Sept 24 (Reuters) - Darden Restaurants DRI.N missed first-quarter sales and profit estimates on Thursday, as budget-conscious diners curtailed restaurant spending and prioritized value-focused purchases.
The company reported sales of $3.2 billion in the quarter, compared with analysts' estimate of $3.21 billion, according to data compiled by LSEG.
Its quarterly adjusted profit from continuing operations came in at $2.05 per share, below estimates of $2.06.
(Reporting by Shania S Thomas in Bengaluru; Editing by Shinjini Ganguli)
Recent news on Darden Restaurants
See all newsBrief: Darden Restaurants - Enters $1.50 Billion Amended And Restated Revolving Credit Agreement On Oct 22, 2026 - SEC Filing
S&P 500 top and bottom performing stocks at about 03:30 p.m. EDT
Street View: Darden's underlying trends strengthen as headwinds ease
U.S. STOCKS ON THE MOVE-Charles River, Oracle, TD Synnex
US STOCKS ON THE MOVE-Charles River, Oracle, TD Synnex