Darden Restaurants, Inc. (NYSE:DRI ) Q2 2025 Earnings Conference Call December 19, 2024 8:30 AM ET Company Participants Phil McClain - Vice President, Finance and Investor Relations Rick Cardenas - President and Chief Executive Officer Raj Vennam - Senior Vice President and Chief Financial Officer Conference Call Participants David Palmer - Evercore ISI Eric Gonzalez - KeyBanc Capital Markets Jim Salera - Stephens Peter Saleh - BTIG Jeffrey Bernstein - Barclays Sara Senatore - Bank of America Andrew Charles - TD Cowen Andrew Strelzick - BMO Capital Markets Brian Harbour - Morgan Stanley Lauren Silberman - Deutsche Bank Jon Tower - Citi Dennis Geiger - UBS Gregory Francfort - Guggenheim Danilo Gargiulo - Bernstein David Tarantino - Baird Rahul Krotthapalli - JPMorgan Jake Bartlett - Truist Securities Operator Greetings, and welcome to the Darden Restaurants, Inc. Q2 Fiscal Year 2025 Earnings Conference Call and Webcast. At this time, all participants are in a listen only mode.
Shares of Darden Restaurants (DRI) surged 14% Thursday to lead S&P 500 gainers as the company's fiscal 2025 second-quarter sales and adjusted profit beat expectations on strong LongHorn Steakhouse results.
DRI's second-quarter fiscal 2024 top line reflects benefits from the addition of 103 Chuy's restaurants and 39 net new restaurants.
While the top- and bottom-line numbers for Darden Restaurants (DRI) give a sense of how the business performed in the quarter ended November 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Darden Restaurants (DRI) came out with quarterly earnings of $2.03 per share, missing the Zacks Consensus Estimate of $2.05 per share. This compares to earnings of $1.84 per share a year ago.
America's taste for red meat over fine dining powered a healthy sales gain for LongHorn Steakhouse.
Darden Restaurants' quarterly earnings revenue was in line with analysts' expectations. The company's same-store sales rose 2.4% in its latest quarter.
Darden Restaurants, Inc. DRI is set to report its second-quarter results on Thursday before the opening bell. Here's a look at what to expect from the largest full-service restaurant operator in the country.
DRI's second-quarter fiscal 2025 performance is likely to have benefited from culinary innovation and strategic marketing initiatives.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Darden Restaurants (DRI), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended November 2024.
Darden Restaurants (DRI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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