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Darden Restaurants, parent of Olive Garden, beat Q2 earnings forecasts, driving stock up 9% premarket.
Darden Restaurants reported Q2 earnings and revenue slightly above analyst expectations, with a 6% sales increase.
Olive Garden and LongHorn Steakhouse drove growth, though the fine-dining segment saw a 5.8% decline.
Darden's EPS was $2.03, and it now projects FY 2025 EPS between $9.40 and $9.60, with $12.1 billion in revenue.
The company's stock gained over 9% in premarket trading.
4 months ago
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