Darden Restaurants (DRI) Tops Q1 EPS by 11c; Boosts FY16 EPS Outlook

Darden Restaurants (NYSE: DRI) reported Q1 EPS of $0.68, $0.11 better than the analyst estimate of $0.57. Revenue for the quarter came in at $1.69 billion versus the consensus estimate of $1.67 billion.

Same-restaurant sales increased 3.4% for the quarter.

Darden Restaurants sees FY2016 EPS of $3.15-$3.30, versus prior guidance of $3.05-$3.20 and the consensus of $3.13.

For earnings history and earnings-related data on Darden Restaurants (DRI) click here.

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