Darden Restaurants Q1 2025 Earnings Report Insights
Darden Restaurants Q1 Earnings Report Overview
Darden Restaurants, Inc. (NYSE: DRI) will release its Q1 earnings on September 19 at 7:00 am ET. Analysts predict adjusted earnings per share of $1.84, up from $1.78 year-over-year. The consensus sales forecast stands at $2.81 billion, an increase from $2.73 billion in Q1 2024.
Impact of Economic Conditions
The report comes at a time when high inflation has pressured discretionary income for consumers. Despite this, Darden has remained focused on long-term growth strategies, as noted by CEO Ricardo Cardenas during recent discussions with analysts.
- Potential growth strategies include leadership changes to streamline operations and enhance brand development.
- Q1 total sales forecast is between $11.8 billion and $11.9 billion with earnings from continuing operations projected at $9.40-9.60 per share.
Stock Performance Review
Darden’s share price is currently down about 10% from its recent high, yet regular dividend hikes attract income-focused investors. With the recent acquisition of Chuy's for approximately $605 million, Darden looks poised to expand its brand portfolio further.
- Entering Q1 2025 with a varied menu of financial strategies.
- Key earnings insights and projections to watch for include same-restaurant sales growth of 1-2%.
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.