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Darden Restaurants Posts Adjusted EPS Beat as Ruth's Chris Sales Boost Results
DRIDarden Restaurants(DRI) Investopedia·2024-06-20 23:49

Shares of Darden Restaurants rose 1.3% to $153.93 as of 10:48 a.m. ET Thursday. They are down 6% year-todate. Darden explained that the gains were driven by the addition of 80 Ruth's Chris locations, and 37 other net new restaurants. Darden purchased Ruth's Chris last year for about $715 million. Key Takeaways Darden Restaurants (DRI) shares advanced Thursday after it posted a better-than-expected adjusted profit as it benefited from the acquisition of Ruth's Chris Steak House. Same-store sales, which didn' ...