Oppenheimer Reiterates Outperform on Darden Restaurants (DRI) Following 1Q Report
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Darden Restaurants Reports Fiscal 2017 First Quarter Results; Increases Earnings Outlook For The Full Fiscal Year; And Announces New Share Repurchase Authorization
October 4, 2016 7:00 AM EDTORLANDO, Fla., Oct. 4, 2016 /PRNewswire/ -- Darden Restaurants, Inc., (NYSE: DRI) today reported its financial results for the first quarter ended August 28, 2016.
First Quarter 2017 Financial Highlights Versus Same Fiscal Quarter Last Year
Total sales from continuing operations increased 1.6% to $1.71 billion Reported diluted net earnings per share from continuing operations increased 39.7% to $0.88 and increased 29.4% from last year's adjusted diluted net earnings per share* The Company repurchased approximately $196 million of its outstanding common stock during the quarter Same-restaurant sales increased 1.3% for the... MoreOlive Garden's Never Ending Pasta Bowl Returns With Addition Of Best-Selling Entrée, Chicken Alfredo
October 3, 2016 4:00 AM EDTORLANDO, Fla., Oct. 3, 2016 /PRNewswire/ -- Olive Garden's most popular promotion Never Ending Pasta Bowl returns today with the first-time addition of the restaurant's best-selling entrée, Chicken Alfredo. From now until November 20, the promotion will offer pasta lovers unlimited servings of their favorite pasta combinations, homemade soup or salad and freshly baked breadsticks, starting at just $9.99.
Experience the interactive Multimedia News Release here: https://www.multivu.com/players/English/7303853-olive-garden-never-ending-pasta-bowl... More
