What Darden Restaurants Earnings Mean For Mutual Fund Investors (DRI)

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What Darden Restaurants Earnings Mean For Mutual Fund Investors (DRI)

Shauna O'Brien Mar 20, 2015

Inside DRI’s Results

The company reported earnings of $133.8 million, or $1.05 per share, up from $109.7 million, or 82 cents per share, a year ago. Adjusted earnings wee 99 cents, above analysts’ view of 84 cents.

Sales increased 6.9% to $1.73 billion from $1.62 billion. Analysts expected to see revenue of $1.72 billion.

For FY2015, the company expects to see EPS between $1.50 and $1.53. Adjusted EPS is expected to be between $2.45 and $2.48. Analysts expect to see FY2015 EPS of $2.30.

Olive Garden Pressures Darden’s Results

Below is an overview of DRI’s most recent comparable store sales growth by restaurant.

Mutual Funds to Watch

The Bottom Line

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