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Benzinga
153 days

What's In Store For Darden This Earnings Season? Analyst Predicts Slight Miss In Same-store Sales

1. Oppenheimer reaffirms Outperform rating for Darden with $218 price target. 2. Darden's shares have grown 0.7% year-to-date amid spending concerns. 3. Analyst forecasts 1.2% same-store sales growth, below Street's 1.7% estimate. 4. Earnings per share projection at $2.78, slightly below consensus of $2.79. 5. Factors influencing sales include calendar shifts, weather challenges, and consumer weakness.

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FAQ

Why Bullish?

Despite minor misses, long-term growth outlook remains positive, similar historical trends suggest recovery.

How important is it?

Analyst upgrades and positive long-term forecasts indicate substantial market interest, impacting DRI’s price.

Why Long Term?

Positive earnings cycle expected in fiscal 2026 indicates potential for sustained growth post-economic challenges.

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