Reports Q2 revenue $2.9B, consensus $2.87B. Reports Q2 blended same-restaurant sales increase of 2.4%. “We had a strong quarter and I am pleased that our four largest brands – Olive Garden, LongHorn Steakhouse, Yard House and Cheddar’s Scratch Kitchen – generated positive same-restaurant sales, as did three of our four business segments,” said Darden (DRI) President & CEO Rick Cardenas. “I continue to believe in the power of our strategy and our brands’ ability to compete effectively regardless of the environment. Each of our brand leadership teams are focused on the long term and staying committed to executing at the highest level.”
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
