Darden Restaurants (DRI) Reports October Same-Store Sales
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Price: $208.85 +2.09%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 3%
Revenue Growth %: +7.0%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 3%
Revenue Growth %: +7.0%
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Darden Restaurants, Inc., (NYSE: DRI) reported U.S. same-restaurant sales results for the four- week October fiscal month ended October 29, 2006.
Same-restaurant sales at Olive Garden increased 1% to 2% for fiscal October, which reflected a 1% to 2% increase in check average and no change in guest counts. (Last year, Olive Garden had an 8% to 9% increase in same-restaurant sales)
Same-restaurant sales at Red Lobster decreased 0% to 1% for fiscal October, which reflected an approximate 2% decrease in guest counts and a 1% to 2% increase in check average. (Last year, Red Lobster had a 2% to 3% increase in same-restaurant sales)
Same-restaurant sales at Olive Garden increased 1% to 2% for fiscal October, which reflected a 1% to 2% increase in check average and no change in guest counts. (Last year, Olive Garden had an 8% to 9% increase in same-restaurant sales)
Same-restaurant sales at Red Lobster decreased 0% to 1% for fiscal October, which reflected an approximate 2% decrease in guest counts and a 1% to 2% increase in check average. (Last year, Red Lobster had a 2% to 3% increase in same-restaurant sales)
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