Lates News

American chain restaurant Darden Restaurants (DRI.US) fell about 10.5% to $186.9, hitting a new low in over 5 months. On the news side, Darden Restaurants announced that its revenue for the first quarter of fiscal year 2026 increased 10% year-on-year to $3.04 billion, in line with expectations; net profit was $258 million, with adjusted earnings per share of $1.97 slightly lower than the market's expected $2. The company expects revenue for fiscal year 2026 to increase by 7.5% to 8.5% year-on-year, higher than the previous forecast of 7% to 8%, and reaffirmed its forecast of adjusted earnings per share of $10.5 to $10.7.