Darden Restaurants (DRI) Tops Q1 EPS by 51c, Revenues Miss; Offers 2Q EPS Guidance Above Consensus
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Darden Restaurants Reports Fiscal 2021 First Quarter Results; Announces Repayment of its Term Loan; Reinstates a Quarterly Dividend; And Provides Fiscal 2021 Second Quarter Outlook
September 24, 2020 7:00 AM EDTORLANDO, Fla., Sept. 24, 2020 /PRNewswire/ -- Darden Restaurants, Inc., (NYSE: DRI) today reported its financial results for the first quarter ended August 30, 2020.
First Quarter 2021 Financial Highlights, Comparisons to First Quarter Last Year
Total sales of $1.53 billion, a decrease of 28.4% driven by negative blended same-restaurant sales of 29.0% and partially offset by the addition of 14 net new restaurants Same-restaurant sales by segment:(28.2)% for Olive... More
