Key TakeawaysDarden Restaurants shares jumped Thursday as its second-quarter sales came in better than expected, powered by LongHorn Steakhouse results.The company's adjusted profit also beat estimates.The chain lifted its full-year revenue outlook following the strong quarter. Shares of Darden Restaurants (DRI) surged 14% Thursday to lead S&P 500 gainers as the company's fiscal 2025 second-quarter sales and adjusted profit beat expectations on strong LongHorn Steakhouse results. Darden—which operates LongH ...

Darden Restaurants, Inc. (DRI) reported second-quarter fiscal 2025 results, with earnings missing the Zacks Consensus Estimate and revenues beating the same. The top and bottom lines increased on a year-over-year basis.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.DRI’s Fiscal Q2 Earnings & RevenuesDuring the fiscal second quarter, Darden reported adjusted earnings per share (EPS) of $2.03, missing the Zacks Consensus Estimate of $2.05. In the prior-year quarter, DRI reported an a ...

For the quarter ended November 2024, Darden Restaurants (DRI) reported revenue of $2.89 billion, up 6% over the same period last year. EPS came in at $2.03, compared to $1.84 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $2.88 billion, representing a surprise of +0.48%. The company delivered an EPS surprise of -0.98%, with the consensus EPS estimate being $2.05.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Str ...

Darden Restaurants (DRI) came out with quarterly earnings of $2.03 per share, missing the Zacks Consensus Estimate of $2.05 per share. This compares to earnings of $1.84 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -0.98%. A quarter ago, it was expected that this owner of Olive Garden and other chain restaurants would post earnings of $1.81 per share when it actually produced earnings of $1.75, delivering a surprise of -3.3 ...

Earnings Call Fiscal 2025: Second Quarter Results December 19, 2024 Disclaimer/Non-GAAP Information 2 2 IMPORTANT NOTICE The following slides are part of a presentation by Darden Restaurants, Inc. (the "Company") and are intended to be viewed as part of that presentation (the "Presentation"). No representation is made that the Presentation is a complete description of the Company's performance, financial condition or outlook. Forward-looking statements in this communication regarding our expected earnings p ...

A sign hangs on the front of an Olive Garden restaurant on June 22, 2023 in Chicago, Illinois.Darden Restaurants on Thursday reported quarterly earnings and revenue that met analysts' expectations and better-than-expected same-store sales growth at Olive Garden and LongHorn Steakhouse.Shares of the company rose 8% in premarket trading.Here's what the company reported, which may not compare with what Wall Street was expecting, based on a survey of analysts by LSEG:Earnings per share: $2.03 adjusted. That may ...

Exhibit 99.1 Darden Restaurants Reports Fiscal 2025 Second Quarter Results; Declares Quarterly Dividend; And Updates Fiscal 2025 Financial Outlook ORLANDO, Fla., December 19, 2024 /PRNewswire/ -- Darden Restaurants, Inc. (NYSE:DRI) today reported its financial results for the second quarter ended November 24, 2024. Second Quarter 2025 Financial Highlights, Comparisons Versus Same Fiscal Quarter Last Year • Total sales increased 6.0% to $2.9 billion, driven by a blended same-restaurant sales* increase of 2.4 ...

Darden Restaurants, Inc. (DRI) is scheduled to report second-quarter fiscal 2025 results on Dec. 19, before the opening bell. In the last reported quarter, the company reported a negative earnings surprise of 3.31%.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.DRI’s Q2 ExpectationsThe Zacks Consensus Estimate for the fiscal second-quarter earnings per share (EPS) is pegged at $2.05, indicating growth of 11.4% from $1.84 reported in the year-ago quarter.For revenues, the consensus ...

Wall Street analysts forecast that Darden Restaurants (DRI) will report quarterly earnings of $2.05 per share in its upcoming release, pointing to a year-over-year increase of 11.4%. It is anticipated that revenues will amount to $2.87 billion, exhibiting an increase of 5.3% compared to the year-ago quarter.Over the last 30 days, there has been a downward revision of 0.1% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsidera ...

The market expects Darden Restaurants (DRI) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended November 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on December 19, 2024, might help the stock move higher if these key n ...