Darden Restaurants Report Mixed Q1 Earnings
Darden Restaurants (NYSE: DRI) reported mixed first-quarter results on Thursday but stood by its original fiscal 2023 outlook, anticipating that inflation will level out in the next quarter. The multi-brand restaurant operator, which is the parent company of Olive Garden and LongHorn Steakhouse, net sales rose 6.1% throughout the quarter. Shares fell 2.5% during early …