"Darden reported Q1 revenue of $3.04 billion, missing the $3.07 billion estimate, while EPS of $1.97 fell short of the $2.02 consensus. The company still posted 4.7% same-restaurant sales growth and 24.5% net income growth year over year. Olive Garden generated $1.30 billion in revenue during the quarter, and LongHorn added $776 million. CEO Rick Cardenas said the company had "a strong start to the fiscal year with same-restaurant sales and earnings growth that exceeded our expectations.""
"Yum reported Q3 revenue of $1.98 billion, beating the $1.97 billion estimate, and EPS of $1.58 topped the $1.48 consensus. The company operates an asset-light franchise model across 62,000 restaurants in 155 countries. That structure delivered a 33.7% operating margin in Q3, roughly three times what Darden achieved. Taco Bell drove 9% system sales growth in the U.S., and KFC expanded units by 6%."
Darden reported Q1 revenue of $3.04 billion and EPS of $1.97, with 4.7% same-restaurant sales growth and 24.5% net income growth year over year; Olive Garden contributed $1.30 billion and LongHorn $776 million. Darden operates company-owned restaurants, producing higher revenue per location but an 11.1% operating margin and significant capital needs; the company plans 65 new restaurants and $700–$750 million in capital spending. Yum reported Q3 revenue of $1.98 billion and EPS of $1.58, running an asset-light franchise model across 62,000 restaurants in 155 countries that produced a 33.7% operating margin. Taco Bell led U.S. system sales growth, KFC expanded units, Pizza Hut declined, and Yum reached $10 billion in digital sales while prioritizing relevance, franchise economics, and Byte expansion.
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]