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Darden Restaurants (DRI) Reports In-Line Q2 EPS; Reaffirms

December 20, 2016 7:02 AM

Darden Restaurants (NYSE: DRI) reported Q2 EPS of $0.64, in-line with the analyst estimate of $0.64. Revenue for the quarter came in at $1.64 billion versus the consensus estimate of $1.65 billion.

Same-restaurant sales increased 1.7% for the quarter.

Reaffirms Earnings Outlook For The Full Fiscal Year.

"We had another strong quarter with same-restaurant sales growth significantly outperforming the casual dining industry benchmarks, especially at Olive Garden," said CEO Gene Lee. "We remain laser-focused on our operating philosophy rooted in food, service and atmosphere, and creating memorable experiences for our guests."

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

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