Darden Restaurants, Inc. (NYSE:DRI) reported worse-than-expected first-quarter financial results.
Darden Restaurants reported quarterly earnings of $1.97 per share which missed the analyst consensus estimate of $2.00 per share. The company reported quarterly sales of $3.004 billion which missed the analyst consensus estimate of $3.040 billion.
“We had a strong start to the fiscal year with same-restaurant sales and earnings growth that exceeded our expectations,” said Darden President & CEO Rick Cardenas.
Darden Restaurants reaffirmed fiscal 2026 adjusted EPS guidance at $10.50–$10.70, compared with the $10.68 consensus estimate. It also raised …