Shares of Olive Garden parent Darden jump after earnings, revenue beat

United States News News

Shares of Olive Garden parent Darden jump after earnings, revenue beat
United States Latest News,United States Headlines
  • 📰 CNBC
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

Darden Restaurants, Olive Garden's parent company, reported earnings Thursday before the bell.

Darden Restaurants on Thursday reported quarterly earnings and revenue that topped analysts' expectations.Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:

Olive Garden's parent company reported fiscal third-quarter net income of $223.6 million, or $1.79 per share, up from $217.8 million, or $1.73 per share, a year earlier. Excluding items, Darden earned $1.80 per share, beating the $1.75 per share expected by analysts surveyed by Refinitiv.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CNBC /  🏆 12. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Olive Garden parent Darden Restaurants stock surges after profit and sales beat, raised guidanceOlive Garden parent Darden Restaurants stock surges after profit and sales beat, raised guidanceShares of Darden Restaurants Inc. surged 3.5% in premarket trade Thursday, after the parent of Olive Garden and LongHorn Steakhouse restaurant chains...
Read more »

Syrian students look for return to peace through musicSyrian students look for return to peace through musicA local musician is trying to preserve his cultural values through music as Monday marks the one year anniversary since Afrin was liberated from the YPG terror group as part of Turkey's Operation Olive Branch.
Read more »

'It helps Facebook further fortify its walled garden': Instagram is testing in-app checkout to make shopping more seamless, but experts say it has a bigger agenda'It helps Facebook further fortify its walled garden': Instagram is testing in-app checkout to make shopping more seamless, but experts say it has a bigger agendaInstagram is rolling out a checkout button to make shopping easier but also gather more data on users, say experts.
Read more »

Trump, Bolsonaro hold news conference at the White HouseTrump, Bolsonaro hold news conference at the White HouseWHITE HOUSE ROSE GARDEN, WASHINGTON, D.C., USA - U.S. President Donald Trump meets with Brazilian President Jair Bolsonaro at White House.
Read more »

Jim Dolan's Latest Actions Could Hurt Knicks In Free AgencyJim Dolan's Latest Actions Could Hurt Knicks In Free AgencyJim Dolan's latest actions, including banning a fan from the Garden and repressing the Daily News, could impact the team's pursuit of free agents. Besides, says Charles Barkley, the Knicks are competing with other big-market franchises, and there's no guarantee they'll land the top free agents.
Read more »

Olive Garden parent Darden Restaurants stock surges after profit and sales beat, raised guidanceOlive Garden parent Darden Restaurants stock surges after profit and sales beat, raised guidanceShares of Darden Restaurants Inc. surged 3.5% in premarket trade Thursday, after the parent of Olive Garden and LongHorn Steakhouse restaurant chains...
Read more »

Adobe stock falls after earnings and revenue beat consensus estimatesAdobe stock falls after earnings and revenue beat consensus estimates
Read more »

Docusign stock falls after earnings and revenue beatDocusign stock falls after earnings and revenue beatDocusign Inc. shares fell more than 7% in the extended session Thursday after the e-signature company topped consensus estimates for earnings and issued...
Read more »



Render Time: 2025-03-12 09:06:33