Darden’s (NYSE:DRI) Fiscal Q1 Results Due Tomorrow; What’s in Store?
Restaurant chain Darden Restaurants (NYSE:DRI) is on deck to release its first quarter of fiscal 2023 before the market opens on Thursday, September 22. Numerous upsides, like focus on customer experience combined with a strong labor market, are likely to have aided the company’s quarterly performance, despite higher cost pressures. Ahead of the print, the Street has pegged its estimates for earnings per share at $1.56, which is about 11% lower than the prior-year fiscal Q1 figure. Revenue expectations stand at $2.47 billion, a 7% year-over-year increase.
Darden’s (NYSE:DRI) Fiscal Q1 Results Due Tomorrow; What’s in Store?
Restaurant chain Darden Restaurants (NYSE:DRI) is on deck to release its first quarter of fiscal 2023 before the market opens on Thursday, September 22. Numerous upsides, like focus on customer experience combined with a strong labor market, are likely to have aided the company’s quarterly performance, despite higher cost pressures. Ahead of the print, the Street has pegged its estimates for earnings per share at $1.56, which is about 11% lower than the prior-year fiscal Q1 figure. Revenue expectations stand at $2.47 billion, a 7% year-over-year increase.