BUZZ-Darden Restaurants rises after raising annual sales forecast
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Shares of Olive Garden parent Darden Restaurantsup about 4% at $197 premarketCo raises annual sales forecasts on resilient demand across its casual dining chainsExpects annual total sales growth in the range of 8.5% to 9.3%, compared to previous projection of 7.5% to 8.5% risePosts Q2 sales rise of 7.3% to $3.10 billion, compared with analysts’ estimates of $3.07 billion - data compiled by LSEGReports Q2 adjusted EPS of $2.08 per share vs estimate of $2.10 per shareAs of last close, stock up ~2% YTD
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