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Darden Restaurants Q1 Net Profit Declines; Backs FY27 Outlook

Source: Nasdaq

Corporate EarningsCompany FundamentalsCorporate Guidance & OutlookConsumer Demand & Retail

Darden Restaurants reported a year-over-year decline in first-quarter net profit as higher expenses outweighed sales growth across all operating segments. The restaurant operator reaffirmed its adjusted earnings and net sales outlook, signaling that management's full-year expectations remain unchanged despite near-term margin pressure.

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