Darden’s small sales and profit-per-share misses are balanced by higher restaurant sales and an unchanged full-year forecast. The report leaves its outlook little changed.
The small misses pull against Darden, but higher restaurant sales and an unchanged full-year forecast point the other way. Olive Garden sales lagged, and restaurant margins came in below one analyst’s estimate. Strong LongHorn sales and improving traffic help balance those concerns, so the report does not clearly change Darden’s outlook.
Texas Roadhouse appears only as a comparison in this report, with no new sales, profit, or company forecast details for it. The report does not change its outlook.
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