Darden Restaurants, Inc. (DRI) News
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last 30 daysSame-restaurant sales grew across all segments despite World Cup and lettuce headwinds.
- Darden Restaurants (DRI) shares are lower after reporting first quarter results. It posted higher 1Q sales, but profits slipped and expenses increased. - MGM Resorts (MGM) shares are lower after Barry Diller’s People Inc. dropped plans to acquire the rest of the casino giant.…
Olive Garden's same-store sales growth has slowed in recent quarters.
The parent of Olive Garden and Longhorn Steakhouse said fiscal first-quarter earnings fell to $233.4 million, or $2.04 a share, from $257.8 million, or $2.19 a share, a year earlier.
Darden stock has held up better than other restaurant stocks as the Olive Garden parent gets ready to report quarterly results. The post Darden Restaurants, Costco In Earnings Spotlight, Along With This IT Distributor appeared first on Investor's Business Daily .
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