Tylenol and Band-Aid maker Johnson & Johnson announced on Tuesday that its sales declined 0.7% to $15 billion in the third quarter, compared to the same quarter last year, as domestic sales were “significantly impacted” by rece…
When companies use the word “immaterial” to describe errors or irregularities in their previously reported numbers, what they’re trying to say is that their mistakes involved such small amounts that they don’t really matter. To…
Darden Restaurants (DRI), owner of brands including Olive Garden and Red Lobster, reported quarterly net earnings from continuing operations of 80 cents per share, up from 67 cents per share a year earlier.
Sales from continuing operations were $1.81 billion in the quarter ended Aug. 29, up 4.2% from a year earlier, the company said in a statement.
Blended same-restaurant sales for…
Continue reading Darden Restaurants Reports Quarterly EPS of 80 Cents
Darden Restaurants Reports Quarterly EPS of 80 Cents originally appeared on DailyFinance on Wed, 22 Sep 2010 07:06:00.
Filed Under: Company News, Economy, Earnings, Retail