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Darden Restaurants Q2 Profit Rises - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Thursday, Darden Restaurants Inc. (DRI) reported second-quarter net income of $60.3 million, compared to net income of $59.7 million in the same quarter last year. On a per share basis, net income was $0.43 per share, flat with the year ago quarter.

Income from continuing operations was $61.2 million or $0.43 per share, up from $58.5 million or $0.42 per share in the prior year quarter.

On average, 25 analysts polled by Thomson Reuters expected the company to earn $0.42 per share for the quarter. Analysts' estimates typically exclude special items.

Sales for the quarter declined to $1.64 billion, from $1.67 billion in the comparable quarter last year. Analysts expected the company to report revenue of $1.65 billion for the quarter.

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