Darden Restaurants (DRI) Q1 2025 Earnings Results and Business News
Thursday, 19 September 2024, 11:14
Darden Restaurants Q1 2025 Earnings Overview
Darden Restaurants, Inc. (NYSE: DRI) has released its earnings report for Q1 2025, showcasing key financials that investors should note.
Key Financial Highlights
- Total sales surged by 1%, reaching $2.8 billion.
- Consolidated same-restaurant sales dipped by 1.1% year-over-year.
- Net earnings rose to $207.2 million, or $1.74 per share, up from $194.5 million last year.
- Adjusted EPS from continuing operations fell by 1.7% to $1.75.
- Despite missing revenue estimates, the stock saw a 6% premarket increase following the announcement.
Future Outlook
For the fiscal year 2025, Darden anticipates an EPS from continuing operations in the range of $9.40-9.60. The recent earnings results and their impact on DRI stock are pivotal for investors.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.