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.
Looking ahead to the fiscal year 2010, the company expects net income in the range of $2.65 - $2.76 per share. Previously the company expected fiscal year 2010 earnings to be in the range of $2.59 - $2.85 per share. Analysts currently anticipate the company to earn $2.75 per share for the full year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.