Darden Restaurants (DRI) Tops Q2 EPS by 1c, Boosts Low End of FY15 EPS Guidance
Darden Restaurants (NYSE: DRI) reported Q2 EPS of $0.28, $0.01 better than the analyst estimate of $0.27. Revenue for the quarter came in at $1.56 billion versus the consensus estimate of $1.55 billion.
Comparable same-restaurant sales for the quarter were:
- +0.5% for Olive Garden,
- +2.6% for LongHorn Steakhouse,
- +5.0% for The Capital Grille,
- +4.9% for Eddie V's,
- +3.7% for Yard House,
- +1.2% for Seasons 52, and
- -0.6% for Bahama Breeze
Fiscal 2015 Second Quarter Operating Summary and U.S. Same-Restaurant Sales (SRS) Results
Total SRS | Total Sales Millions | Total Sales Growth | |
Olive Garden | 0.5% | $882 | 1.4% |
LongHorn Steakhouse | 2.6% | $346 | 8.0% |
Specialty Restaurant Group | 3.2% | $329 | 13.0% |
Darden Restaurants sees FY2015 EPS of $2.25-$2.30, versus prior guidance of $2.22-$2.30 and the consensus of $2.26.
For earnings history and earnings-related data on Darden Restaurants (DRI) click here.