Darden Sales and Earnings Surge Despite Omicron Disruptions
- Mukesh Buch
- U.S.A. New York City
Darden Restaurants, the parent of Olive Garden, said quarter sales rose 41.3% from a year ago quarter to $2.45 billion and earnings jumped 90% to $247 million or $1.93 a share. The restaurant operator plans to pass 3% price hike after commodities prices rose 11% in the quarter.
Annual Returns
| Company | Ticker | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Darden Restaurants Inc | DRI | -11% | 14% | -4% |