Darden 1Q adj. profit, revenue top Street’s view

Published September 12, 2014 12:04pm ET



ORLANDO, Fla. (AP) — Darden’s reported a loss for its fiscal first quarter, pulled down partly by costs related to the retirement of about $1 billion of its debt. But excluding unusual items, the restaurant operator was profitable and both the adjusted profit and its revenue beat analysts’ expectations.

The stock climbed in Friday premarket trading.

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