Darden Restaurants 2025 Outlook: Expects Total Sales Of $11.8B-$11.9B Vs. $11.948B Consensus; Sees EPS From Continuing Operations Of $9.40 To $9.60 Vs. $9.60consensus
Portfolio Pulse from Benzinga Newsdesk
Darden Restaurants has released its financial outlook for fiscal 2025, projecting total sales between $11.8 billion and $11.9 billion, slightly below the consensus of $11.948 billion. The company expects EPS from continuing operations to be between $9.40 and $9.60, aligning with the consensus of $9.60. Additional details will be provided during an investor conference call.
June 20, 2024 | 11:08 am
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NEUTRAL IMPACT
Darden Restaurants' fiscal 2025 outlook projects total sales slightly below consensus and EPS in line with expectations. This could lead to a neutral to slightly negative short-term impact on the stock price.
The projected sales are slightly below the consensus, which could be seen as a negative. However, the EPS projection aligns with expectations, which may neutralize the impact. Investors will likely wait for more details from the investor call before making significant moves.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100