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Darden (DRI) Q3 Earnings & Revenues Lag Estimates, Rise Y/Y
DRIDarden Restaurants(DRI) Zacks Investment Research·2024-03-22 01:46

Darden Restaurants, Inc. (DRI) reported dismal third-quarter fiscal 2024 results, with earnings and revenues missing the Zacks Consensus Estimate. The metrics increased on a year-over-year basis.Following the results, the stock dropped 4.3% in the pre-market trading session. Negative investor sentiments were witnessed as DRI provided a lower-than-expected sales outlook for fiscal 2024. Management cited concerns relating to a challenging operating environment.Earnings & RevenuesDuring the fiscal third quarte ...