Darden Stumbles on Sales, But Analysts Stay Optimistic On Operational Execution: Here's Why
Darden Stumbles on Sales, But Analysts Stay Optimistic On Operational Execution: Here's Why
Several analysts reiterated their ratings and price targets on Darden Restaurants, Inc. (NYSE:DRI) following today's release of its fourth quarter FY24 earnings.
今日發佈第四財季FY24盈利報告後，幾家分析師重申對Darden Restaurants，Inc.(NYSE:DRI)的評級和價值區間。
The company reported sales growth of 6.8% Y/Y to $2.957 billion, missing the analyst consensus estimate of $2.975 billion and adjusted EPS of $2.65 topping the consensus of $2.62.
該公司報告的銷售額同比增長6.8%至29.57億美元，低於分析師預測的29.75億美元，並且調整後的每股收益爲2.65美元，超過了分析師預期的2.62美元。
Darden expects FY25 EPS from continuing operations of $9.40-$9.60 (estimate $9.56) and sales of $11.8 billion-$11.9 billion vs. street view of $11.948 billion.
Darden預計FY25持續經營每股收益爲9.40美元-9.60美元(預測值爲9.56美元)，銷售額爲118億美元-119億美元，而街頭預計爲119.48億美元。
Stephens & Co. analyst Jim Salera stated that results showcased the company's strong operational execution, which sets a positive tone for the upcoming conference call. The analyst says they are focused on the trajectory of comparable sales heading into FY25.
Stephens & Co.分析師Jim Salera表示，該公司的業務落地良好，爲即將到來的電話會議奠定了積極的基礎。該分析師表示，他們關注的是銷售區間在FY25的軌跡。
Salera writes that they anticipate potential pressure on the rest of the casual dining and fine dining segments this morning, following the softer results observed in Darden's Olive Garden and Fine Dining segments.
Salera寫道，他們預計今天早上在Darden的Olive Garden和Fine Dining方面觀察到的軟實力結果將可能對整個休閒餐飲和精細餐飲領域造成壓力。
Initial FY25 guidance indicates a modestly softer top-line than expected, likely due to challenging macroeconomic conditions, yet better-than-expected profitability with adjusted EPS guidance midpoint above current consensus, driven by enhanced restaurant-level operations, says the analyst.
初步FY25指導意見表明，預期的總體收益略低於預期，可能是由於具有挑戰性的宏觀經濟條件，然而調整後的EPS指導範圍中心點高於當前共識，這是由於增強的餐廳運營所驅動的，分析師說。
The analyst reiterated the Equal-Weight rating and a price target of $165.
該分析師重申了Equal-Weight評級，並給出了165美元的價值區間。
Meanwhile, TD Cowen analyst Andrew M. Charles kept the Buy rating and a price target of $170.
與此同時，TD Cowen分析師Andrew M. Charles保持了買入評級和170美元的價值區間。
The analyst says they are encouraged as 2025 is anticipated to align with their expectations for a 10%+ total shareholder return (TSR), supported by a higher EPS guidance range that aligns closely with pre-release consensus.
該分析師表示，他們對2025年預計實現的10%以上的股東總回報(TSR)感到鼓舞，這受到了更高的EPS指導範圍的支持，這與預發佈的共識相密切相關。
Also, Wedbush analyst Nick Setyan maintained the Outperform rating with a price target of $170.
此外，Wedbush分析師Nick Setyan維持了超配評級和170美元的價值區間。
Investors can gain exposure to the stock via AdvisorShares Restaurant ETF (NYSE:EATZ) and First Trust Dorsey Wright Momentum & Dividend ETF (NASDAQ:DDIV).
投資者可以通過AdvisorShares餐廳ETF（紐交所:EATZ）和First Trust Dorsey Wright Momentum & Dividend ETF（納斯達克:DDIV）獲得該股的收益。
Price Action: DRI shares are up 1.16% at $155.72 at the last check Thursday.
價格走勢：週四最後一次檢查DRI股票上漲1.16%，報155.72美元。
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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譯文內容由第三人軟體翻譯。