Darden Restaurants Reiterates FY24 Outlook - Update

Darden Restaurants Lifts FY25 Sales Forecast After Q2 Beats Market; Stock Climbs

Shares of Darden Restaurants Inc. were gaining more than 9 percent in the pre-market activity on the NYSE after the company maintained its fiscal 2025 earnings view, and lifted sales forecast to reflect the recently acquired Chuy's operating results. In its second quarter, profit and sales increased and beat market estimates.

RTTNews | 253 дней спустя

Darden Restaurants Q3 Adj. EPS Meets Estimates, Sales Miss

Restaurant company Darden Restaurants reported Thursday that profit for the third quarter increased from last year, driven by sales growth across all segments. Adjusted earnings per share met analysts' estimates, while quarterly sales missed it. The company also raised its adjusted earnings guidance for the full-year 2024, while trimming annual sales and same-restaurant sales growth outlook.

RTTNews | 526 дней спустя

U.S. Consumer Sentiment Deteriorates Slightly More Than Initially Estimated In August

The University of Michigan released a report on Friday showing consumer sentiment in the U.S. deteriorated by slightly more than previously estimated in the month of August. The report said the consumer sentiment index for August was downwardly revised to 58.2 from the preliminary reading of 58.6.

RTTNews | 2ч 33мин назад

Chicago Business Barometer Slumps Much More Than Expected In August

MNI Indicators released a report on Friday showing a sharp pullback by its reading on Chicago-area business activity in the month of August. The report said the Chicago business barometer tumbled to 41.5 in August after jumping to 47.1 in July, with a reading below 50 indicating contraction. Economists had expected the business barometer to edge down to 46.0.

RTTNews | 2ч 52мин назад

U.S. Consumer Prices Increase In Line With Estimates In July

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.2 percent in July after climbing 0.3 percent in June. The uptick matched expectations.

RTTNews | 3ч 35мин назад

German Unemployment Exceeds 3 Mln

Germany's unemployment exceeded the three million-mark for the first time in a decade in August as the prolonged period of subdued economic activity weighed on the labor market. The number of unemployed persons increased by 46,000 from the previous year to 3.025 million in August. However, unemployment fell by adjusted 9,000 compared to the previous month, while it was forecast to increase by 1

RTTNews | 4ч 5мин назад

U.S. PCE Price Index Increased In Line With Estimates In July

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday.

RTTNews | 4ч 18мин назад

Slightly Weak Start Seen For U.S. Stocks; PCE Data In Focus

Lower U.S. futures point to a slightly negative start on Wall Street Friday morning.

RTTNews | 4ч 33мин назад

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