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Earnings Whisper ®
4th Quarter May 2023
Revenue: $2.77 Bil
7:00 AM ET
Thursday, March 23, 2023
Darden Restaurants Reports Fiscal 2023 Third Quarter Results; Declares Quarterly Dividend; And Updates Fiscal 2023 Financial Outlook
What do you expect when DRI reports earnings?
Where is DRI's stock price going from here?
Darden Restaurants is one of the largest casual dining restaurant operators world wide. The company has operations in the U.S. and Canada with more than 1,700 restaurants. The company reports its business under 4 segments: Olive Garden, LongHorn Steakhouse, Fine Dining and Other Business. Florida-based Olive Garden is the largest full-service Italian restaurant in America. The brand features a menu, which has a variety of Italian food made with fresh ingredients. LongHorn Steakhouse is a full-service steakhouse restaurant, with locations primarily in the eastern United States. Fine Dining, includes The Capital Grille and Eddie V's while the Other Business segment comprises of Cheddar's Scratch Kitchen, Yard House, Seasons 52, Bahama Breeze, consumer packaged goods and franchise revenues. The casual dining menu features modern classics and American favorites cooked from scratch.
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