Darden reports Q2 adjusted EPS $2.08, consensus $2.10

Reports Q2 revenue $3.1B, consensus $3.07B. Q2 blended same-restaurant sales increased 4.3%. “The second quarter exceeded our top-line expectations as every segment delivered positive same-restaurant sales,” said Darden (DRI) President & CEO Rick Cardenas. “Our restaurant teams did a great job of being brilliant with the basics, driving record, or near-record, guest satisfaction scores across all our brands. Despite facing significant commodity headwinds, we leveraged our four competitive advantages to provide strong value for our guests and we made appropriate investments in the business to ensure long-term success.”