Darden Restaurants Stock Gains After Q2 Earnings Beat Estimates, Sales Jump 6%
Darden Restaurants, Inc. (NYSE:DRI) shares are trading higher in the premarket session on Thursday. The company reported that the second quarter adjusted earnings per share was $2.03, beating the street view of $2.02. Quarterly sales of $2.89 billion missed the analyst consensus estimate of $2.899 billion. Total sales increased 6%, driven by a blended same-restaurant sales increase of 2.4% and sales from the addition of 103 Chuy’s restaurants and 39 net new restaurants. Olive Garden same-restaur