Investing.com - Darden Restaurants (NYSE:DRI) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Darden Restaurants announced earnings per share of $-1.24 on revenue of $1.27B. Analysts polled by Investing.com anticipated EPS of $-1.71 on revenue of $1.25B.
Darden Restaurants shares are down 32% from the beginning of the year and are trading at $73.24 , down-from-52-week-high.They are under-performing the S&P 500 which is down 5.44% year to date.
Darden Restaurants shares gained 3.34% in intra-day trade the report.
Darden Restaurants follows other major Services sector earnings this month
Darden Restaurants's report follows an earnings missed by Costco on Thursday, May 28, 2020, who reported EPS of $1.89 on revenue of $37.27B, compared to forecasts EPS of $1.93 on revenue of $37,081M.
Dollar General had beat expectations on Thursday, May 28, 2020 with first quarter EPS of $2.56 on revenue of $8.45B, compared to forecast for EPS of $1.75 on revenue of $7.58B.
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