A customer carries a to-go bag outside a Darden Restaurants Inc. Olive Garden restaurant in Clarksville, Indiana, U.S., on Thursday, March 5, 2020.
Luke Sharrett | Bloomberg | Getty Images
Darden Restaurants on Thursday reported that its revenue fell by more than 28% in its fiscal first quarter as the company’s business slowly recovers from the coronavirus pandemic.
Shares of the company fell 2% in premarket trading.
Here’s what the company reported for the quarter ended Aug. 30 compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:
- Earnings per share: 28 cents vs. 5 cents expected
- Revenue: $1.53 billion vs. $1.56 billion expected
The Olive Garden parent…