Darden Stock Surges as LongHorn Steakhouse Strength Powers Sales Growth
Darden Restaurants(DRI) Investopedia·2024-12-19 17:21
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 ...