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: restaurants, media, television, business news, food and drink, business, breaking news: business, earnings, entertainment, darden restaurants inc,
Source: https://www.cnbc.com/2023/12/15/darden-restaurants-dri-q2-2024-earnings.html