U.S. Movers: Accenture, CarMax, Darden Restaurants

Scott Peters
20 Jun, 2025
New York City

CarMax Inc. surged 8.04% to $69.50 after the used-car retailer reported better-than-expected results for the fiscal first quarter ending on May 31.

Revenue edged up to $7.55 billion from $7.11 billion, net earnings climbed to $210.38 million from $152.44 million, and diluted earnings per share rose to $1.38 from 97 cents a year ago.

Comparable store sales increased 8.1% as retail used unit sales jumped 9.0% and wholesale unit sales increased 1.2%.

The company bought 336,000 vehicles from consumers and dealers, an increase of 7.2% from a year earlier, as 288,000 vehicles were purchased from consumers, up 3.3%, and 48,000 vehicles were purchased through dealers, up 38.4%.

During the first quarter, the used-car retailer bought back $199.8 million in shares of its own stock.

Accenture Plc. dropped 5.35% to $290.0 after the consulting company reported better-than-expected quarterly earnings, but new orders fell short of expectations.

Revenue in the fiscal third quarter ending on May 31 jumped to $17.73 billion from $16.47 billion, net income edged up to $2.20 billion from $1.93 billion, and diluted earnings per share rose to $3.49 from $3.04 a year ago.

New bookings in the quarter declined 6% to $19.7 billion and 7% in local currency from a year earlier, as consulting new bookings were $9.08 billion and managed services new bookings were $10.62 billion.

The company proposed a quarterly cash dividend of $1.48 per share, representing a 15% increase from a year ago, and also repurchased 6.0 million shares for a total of $1.8 billion in the quarter.

The technology and business outsourcing services provider guided full-year revenue to grow between 6% and 7% in local currency, compared to $64.90 billion, and diluted earnings per share between $12.77 and $12.89, compared to $11.44 in 2024, respectively.

Darden Restaurants Inc. gained 5.3% to $234.59 after the parent company of Olive Garden reported better-than-expected revenue in the fiscal fourth quarter of 2025 ending on May 25.

Sales surged to $3.27 billion from $2.96 billion, net earnings declined to $303.8 million from $308.1 million, and diluted earnings per share were flat at $2.58 from a year ago.

Sales growth was driven by a blended same-restaurant sales increase of 4.6% and sales from the acquisition of 103 Chuy's Tex Mex restaurants and 25 net new restaurants.

Olive Garden same-restaurant sales were up 6.9% in the quarter, Long Horn Steakhouse sales were up 6.7%, and Fine Dining sales were down 3.3%.

During the quarter, the restaurant operator repurchased $51 million of its own stock, and it authorized an additional $1 billion on June 18.

In addition, the company proposed a quarterly cash dividend of $1.50 per share, an increase of 7.1% from a year ago, payable on August 1 to shareholders on record on July 10.

Darden Restaurants guided full-year 2026 sales to grow between 7% and 8%, compared to $12.08 billion in fiscal year 2025, and same-restaurant sales to increase between 2% and 3.5%.

Furthermore, the company plans to open between 60 and 65 new restaurants.

Full-year diluted earnings per share from continuing operations are expected to be between $10.50 and $10.70, compared to $8.88 a year earlier.