Retail

Darden Restaurants (DRI) Q4 2021 earnings beat

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A take-out order from a Darden Restaurants Inc. Olive Garden location is arranged for a photograph in Tiskilwa, Illinois, U.S.

Daniel Acker | Bloomberg | Getty Images

Darden Restaurants on Thursday reported that its fiscal fourth quarter same-store sales nearly returned to 2019 levels as states rolled back dining restrictions.

The company also released an outlook for fiscal 2022, predicting that that its total sales for the year will top pre-pandemic revenue.

Shares of the company rose more than 2% in morning trading.

Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv:

  • Earnings per share: $2.03 adjusted vs. $1.79…



Source cnbc.com

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