Investing.com - Darden Restaurants (NYSE:DRI) reported on Friday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Darden Restaurants announced earnings per share of $1.48 on revenue of $2.27B. Analysts polled by Investing.com anticipated EPS of $1.44 on revenue of $2.23B.
Darden Restaurants shares are up 23% from the beginning of the year and are trading at $147.13 , down-from-52-week-high.They are under-performing the S&P 500 which is up 24.3% from the start of the year.
Darden Restaurants follows other major Consumer Discretionary sector earnings this month
Darden Restaurants's report follows an earnings missed by Alibaba ADR on Thursday, November 18, 2021, who reported EPS of $11.2 on revenue of $200.69B, compared to forecasts EPS of $11.86 on revenue of $204.14B.
JD.com Inc Adr had beat expectations on Thursday, November 18, 2021 with third quarter EPS of $3.16 on revenue of $218.71B, compared to forecast for EPS of $2.01 on revenue of $215.02B.
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