Darden Restaurants Earnings: What to Watch
Darden Restaurants (NYSE: DRI) stock has trounced the market lately, doubling since mid-2016 while the S&P has risen about 40% in that same period. That rally was supported by surprisingly strong growth in market share over the past year. The owner of the Olive Garden and LongHorn Steakhouse franchises also found ways to increase profitability in fiscal 2019 despite pressure from labor and food costs as well as a generally weak full-service dining industry.
The company projected another year of solid growth, and that's just one number that investors will judge the company against when it announces fiscal first-quarter results on Thursday, Sept. 19. Let's take a closer look.
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Source Fool.com
