Market Updates
Darden Sales and Earnings Surge Despite Omicron Disruptions
Mukesh Buch
24 Mar, 2022
New York City
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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.
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Earnings
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