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Olive Garden owner Darden beats earnings estimates, hikes guidance as sales climb - TL;DR CNBC

Olive Garden owner Darden beats earnings estimates, hikes guidance as sales climb

Publishing timestamp: 2023-12-15 10:39:40


Summary

Darden Restaurants, the owner of Olive Garden and LongHorn Steakhouse, reported better-than-expected earnings for its fiscal second quarter. The company saw revenue growth driven by the addition of Ruth's Chris Steak House locations and same-store sales growth. Darden also raised its outlook for the full fiscal year.


Sentiment: POSITIVE

Tickers: DRI

Keywords: restaurantsmediatelevisionbusiness newsfood and drinkbusinessbreaking news: businessearningsentertainmentdarden restaurants inc

Source: https://www.cnbc.com/2023/12/15/darden-restaurants-dri-q2-2024-earnings.html


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