Darden Restaurants(DRI)
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Darden Restaurants(DRI) - 2024 Q3 - Earnings Call Transcript
2024-03-21 15:42
Darden Restaurants, Inc. (NYSE:DRI) Q3 2024 Earnings Conference Call March 21, 2024 8:30 AM ET Company Participants Kevin Kalicak - Investor Relations Rick Cardenas - President and Chief Executive Officer Raj Vennam - Chief Financial Officer Conference Call Participants Eric Gonzalez - KeyBanc Capital Markets Brian Bittner - Oppenheimer Dennis Geiger - UBS Jon Tower - Citigroup David Tarantino - Baird Jeffrey Bernstein - Barclays Jeff Farmer - Gordon Haskett Andrew Strelzik - BMO Capital Markets John Ivanko ...
Compared to Estimates, Darden Restaurants (DRI) Q3 Earnings: A Look at Key Metrics
Zacks Investment Research· 2024-03-21 14:31
Darden Restaurants (DRI) reported $2.97 billion in revenue for the quarter ended February 2024, representing a year-over-year increase of 6.8%. EPS of $2.62 for the same period compares to $2.34 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $3.03 billion, representing a surprise of -1.87%. The company delivered an EPS surprise of -0.38%, with the consensus EPS estimate being $2.63.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings - ...
Darden Restaurants (DRI) Lags Q3 Earnings and Revenue Estimates
Zacks Investment Research· 2024-03-21 13:11
Darden Restaurants (DRI) came out with quarterly earnings of $2.62 per share, missing the Zacks Consensus Estimate of $2.63 per share. This compares to earnings of $2.34 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -0.38%. A quarter ago, it was expected that this owner of Olive Garden and other chain restaurants would post earnings of $1.71 per share when it actually produced earnings of $1.84, delivering a surprise of 7.60 ...
Darden revenue jumps as Ruth's Chris acquisition offsets shrinking same-store sales
CNBC· 2024-03-21 11:14
A sign hangs on the front of an Olive Garden restaurant on June 22, 2023 in Chicago, Illinois.Darden Restaurants on Thursday reported mixed quarterly results as the Olive Garden owner's same-store sales shrank for the first time since the pandemic.Shares of the company fell more than 4% in premarket trading.Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG, formerly known as Refinitiv:Earnings per share: $2.62 adjusted, meeting expectationsR ...
Curious about Darden Restaurants (DRI) Q3 Performance? Explore Wall Street Estimates for Key Metrics
Zacks Investment Research· 2024-03-18 14:15
Wall Street analysts expect Darden Restaurants (DRI) to post quarterly earnings of $2.64 per share in its upcoming report, which indicates a year-over-year increase of 12.8%. Revenues are expected to be $3.04 billion, up 9% from the year-ago quarter.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Prior to a company's earnin ...
Darden (DRI) Gears Up for Q3 Earnings: What's in Store?
Zacks Investment Research· 2024-03-18 14:05
Darden Restaurants, Inc. (DRI) is scheduled to report third-quarter fiscal 2024 results on Mar 21, before the opening bell. In the last reported quarter, DRI delivered an earnings surprise of 7.6%.Q3 EstimatesThe Zacks Consensus Estimate for earnings is pegged at $2.64 per share, indicating growth of 12.8% from the prior-year levels. The consensus estimate for revenues is pegged at $3.04 billion, implying an increase of 9% from the year-ago figure.Factors to NoteDarden is anticipated to have achieved strong ...
Darden Restaurants (DRI) Reports Next Week: Wall Street Expects Earnings Growth
Zacks Investment Research· 2024-03-14 15:01
Wall Street expects a year-over-year increase in earnings on higher revenues when Darden Restaurants (DRI) reports results for the quarter ended February 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on March 21, 2024, might help the stock move higher if these key numbers are better t ...
These 2 carnivore dining stocks gaining on the Ozempic craze
MarketBeat· 2024-02-26 16:53
Key PointsThe GLP-1 weight-loss craze has reignited interest in high protein and low-carb diets like the carnivore and ketogenic diets.Texas Roadhouse is the leading casual dining steakhouse in the United States, with 740 locations in 49 states, known for its hand-cut steaks and sides made from scratch, from bacon bits and rolls to salad dressings.Outback Steakhouse is well-known for its Australian-themed restaurants serving budget-friendly steak and seafood entrees and its world-famous Bloomin' Onion appet ...
Darden Restaurants(DRI) - 2024 Q2 - Earnings Call Transcript
2023-12-15 17:26
Darden Restaurants, Inc. (NYSE:DRI) Q2 2024 Earnings Conference Call December 15, 2023 8:30 AM ET Company Participants Kevin Kalicak - IR Rick Cardenas - President & CEO Raj Vennam - CFO Conference Call Participants Jon Tower - Citigroup Chris Carril - RBC Capital Markets Brian Bittner - Oppenheimer Eric Gonzalez - KeyBanc Capital Markets Andrew Charles - TD Cowen Brian Harbour - Morgan Stanley Jeffrey Bernstein - Barclays Joshua Long - Stephens Peter Saleh - BTIG David Palmer - Evercore Sara Senatore - Ban ...
Darden Restaurants(DRI) - 2024 Q1 - Earnings Call Transcript
2023-09-21 17:14
Darden Restaurants, Inc. (NYSE:DRI) Q1 2024 Earnings Conference Call September 21, 2023 8:30 AM ET Company Participants Kevin Kalicak - IR Rick Cardenas - President & CEO Raj Vennam - CFO Conference Call Participants Andrew Charles - TD Cowen Brian Bittner - Oppenheimer Eric Gonzalez - KeyBanc Capital Markets Brian Harbour - Morgan Stanley David Tarantino - Baird David Palmer - Evercore Jeffrey Bernstein - Barclays Joshua Long - Stephens Dennis Geiger - UBS Danilo Gargiulo - Bernstein Jeffrey Farmer - Gordo ...