1427 ET - Darden Restaurants is slated to release its F4Q results on Thursday, and Guggenheim expects strong traffic trends at LongHorn Steakhouse to offset sluggish growth at Olive Garden. Analysts Gregory Francfort and Arian Razai see same-store sales at LongHorn coming in ahead of consensus, while SSS at Olive Garden come in below. "Cost pressures related to the war in the Middle East (utilities, packaging, and transportation) will likely limit 4Q earnings upside and could put a cap on the F'27 guidance, which is traditionally given with 4Q," they say in a research note. "Labor inflation could be a positive surprise following years of market tightness, but we expect ongoing beef headwinds and pressure on other restaurant expense inflation to cap margins." (connor.hart@wsj.com)
(END) Dow Jones Newswires
June 23, 2026 14:27 ET (18:27 GMT)
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