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jyt09
2021-12-18

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Darden Restaurants falls after higher labor costs dent profit outlook

Darden Restaurants(NYSE:DRI)reports same-restaurant sales were up 29.3% for the Olive Garden chain i

Darden Restaurants falls after higher labor costs dent profit outlook

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The total comp of +34.4% beat the consensus mark of +32.1%.</li>\n <li>Looking ahead, Darden (DRI) sees FY22 revenue of $9.55B to $9.70B vs. $9.54 consensus. EPS of $7.35 to $7.60 is anticipated vs. $7.61 consensus. The lighter EPS than anticipated is due in part to an acceleration of a commitment DRI announced earlier this year to increase the minimum hourly earnings for restaurant team members to $12, which includes income earned through gratuities. With the change, the restaurant operator expects team members will earn approximately $20 per hour on average.</li>\n <li>Shares of Darden (DRI) are&nbsp;down 3.70%&nbsp;premarket to $141.69 with the announcement of a&nbsp;CEO transition also factoring in this morning.</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Darden Restaurants falls after higher labor costs dent profit outlook</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDarden Restaurants falls after higher labor costs dent profit outlook\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-17 20:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3781230-darden-restaurants-falls-after-higher-labor-costs-dent-profit-outlook><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Darden Restaurants(NYSE:DRI)reports same-restaurant sales were up 29.3% for the Olive Garden chain in FQ2 and were 31% higher for the LongHorn Steakhouse chain against the soft pandemic comparable. ...</p>\n\n<a href=\"https://seekingalpha.com/news/3781230-darden-restaurants-falls-after-higher-labor-costs-dent-profit-outlook\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DRI":"达登饭店"},"source_url":"https://seekingalpha.com/news/3781230-darden-restaurants-falls-after-higher-labor-costs-dent-profit-outlook","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174780822","content_text":"Darden Restaurants(NYSE:DRI)reports same-restaurant sales were up 29.3% for the Olive Garden chain in FQ2 and were 31% higher for the LongHorn Steakhouse chain against the soft pandemic comparable. The total comp of +34.4% beat the consensus mark of +32.1%.\nLooking ahead, Darden (DRI) sees FY22 revenue of $9.55B to $9.70B vs. $9.54 consensus. EPS of $7.35 to $7.60 is anticipated vs. $7.61 consensus. The lighter EPS than anticipated is due in part to an acceleration of a commitment DRI announced earlier this year to increase the minimum hourly earnings for restaurant team members to $12, which includes income earned through gratuities. With the change, the restaurant operator expects team members will earn approximately $20 per hour on average.\nShares of Darden (DRI) are down 3.70% premarket to $141.69 with the announcement of a CEO transition also factoring in this morning.","news_type":1},"isVote":1,"tweetType":1,"viewCount":713,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":4,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"hasMoreComment":false,"orderType":2}