In an increasingly fast-paced dining landscape, Darden Restaurants is under pressure to improve operational efficiency across its diverse portfolio, which includes Olive Garden, LongHorn Steakhouse, and fine dining establishments like The Capital Grille. Darden Restaurants President and CEO Rick Cardenas acknowledged the need for speed during the company's first-quarter earnings call Thursday (Sept. 19). "We operate in a very dynamic, competitive industry," Cardenas said, highlighting that while full-servic ...

Darden Restaurants, Inc. (NYSE:DRI) Q1 2025 Results Conference Call September 19, 2024 8:30 AM ET Company Participants Courtney Aquilla - Investor Relations Rick Cardenas - President and Chief Executive Officer Raj Vennam - Senior Vice President and Chief Financial Officer Conference Call Participants Brian Bittner - Oppenheimer Brian Harbour - Morgan Stanley Jon Tower - Citi Eric Gonzalez - KeyBanc Capital Markets Jeffrey Bernstein - Barclays David Palmer - Evercore ISI David Tarantino - Baird Chris O'Cull ...

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Shares of Darden Restaurants Inc (NYSE:DRI) are up 7.3% at last glance today, trading at $170.77 after news that the Olive Garden parent is partnering with Uber Technologies (UBER) for delivery services. The company hopes to increase sales this way, as consumer spending at restaurants has been waning. The partnership is helping overshadow Darden's fiscal first-quarter earnings and revenue misses. Today's pop has DRI hitting its highest levels since late March, coming closer to its March 4 record high of $17 ...

Darden Restaurants (DRI) reported $2.76 billion in revenue for the quarter ended August 2024, representing a year-over-year increase of 1%. EPS of $1.75 for the same period compares to $1.78 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $2.8 billion, representing a surprise of -1.40%. The company delivered an EPS surprise of -3.31%, with the consensus EPS estimate being $1.81. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall ...

Darden Restaurants (DRI) came out with quarterly earnings of $1.75 per share, missing the Zacks Consensus Estimate of $1.81 per share. This compares to earnings of $1.78 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -3.31%. A quarter ago, it was expected that this owner of Olive Garden and other chain restaurants would post earnings of $2.62 per share when it actually produced earnings of $2.65, delivering a surprise of 1.1 ...

A sign hangs on the front of an Olive Garden restaurant on June 22, 2023 in Chicago, Illinois. Darden Restaurants on Thursday reported weaker-than-expected quarterly earnings and revenue as sales weakened at Olive Garden and its fine dining restaurants. "While we fell short of our expectations for the first quarter, I firmly believe in the strength of our business," CEO Rick Cardenas said in a statement. "I am confident in the actions all our brand teams are taking to address their guests' needs, which do n ...

Exhibit 99.1 ). Darden Darden Restaurants Reports Fiscal 2025 First Quarter Results; Declares Quarterly Dividend; And Reiterates Fiscal 2025 Financial Outlook ORLANDO, Fla., September 19, 2024 /PRNewswire/ -- Darden Restaurants, Inc. (NYSE:DRI) today reported its financial results for the first quarter ended August 25, 2024. | --- | --- | |------------------------|--------| | | | | sales: | | | Consolidated Darden* | (1.1)% | | Olive Garden | (2.9)% | | LongHorn Steakhouse | 3.7% | | Fine Dining* | (6.0)% | ...

ORLANDO, Fla., Sept. 19, 2024 /PRNewswire/ -- Darden Restaurants, Inc. (NYSE: DRI) today reported its financial results for the first quarter ended August 25, 2024. First Quarter 2025 Financial Highlights, Comparisons Versus Same Fiscal Quarter Last Year | --- | --- | |----------------------|-----------| | | | | Consolidated Darden* | (1.1) % | | Olive Garden | (2.9) % | | LongHorn Steakhouse | 3.7 % | | Fine Dining* | (6.0) % | | Other Business | (1.8) % | | --- | --- | --- | --- | --- | --- | --- | --- | ...

Darden Restaurants, Inc. (DRI) is scheduled to report first-quarter fiscal 2025 results on Sept. 19, before the opening bell. In the last reported quarter, the company delivered an earnings surprise of 1.15%. How Are Estimates Placed? The Zacks Consensus Estimate for the fiscal first-quarter earnings per share (EPS) is pegged at $1.82, indicating growth of 2.3% from $1.78 reported in the year-ago quarter. For revenues, the consensus mark is pegged at $2.8 billion, suggesting a 2.5% increase from the year-ag ...