Name: Darden Restaurants (DRI) Earnings: Positive Quarter
Uploaded: 2023-03-25T17:42:55.565
Duration: 6 min 34 s

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"Darden Restaurants (DRI) had a positive quarter according to their earnings report. The company outperformed full service traffic benchmarks and the value proposition seems to be resonating with customers. Restaurant-level EBITDA margins expanded 20%, which is higher than pre-pandemic levels," says Sean Dunlop. "Given the economic uncertainty, consumers could go from high-end to lower-end restaurants in the Darden Restaurants (DRI) portfolio," adds Lee Bohl.

Darden Restaurants (DRI) Earnings: Positive Quarter

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