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Finance & Markets

Darden Restaurants Q1 Net Profit Declines; Backs FY27 Outlook

(RTTNews) - Restaurant company Darden Restaurants, Inc. (DRI) reported Thursday that net profit for the first quarter declined from last year, hurt by higher expenses, despite sales growth across all segments. The company also reaffirmed its adjusted earnings and net sales guidan

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U.S. Jobless Claims Slid Further Last Week

U.S. jobless claims fell to 197,000 in the week through Sept. 19, according to the Labor Department. Economists surveyed had expected initial unemployment claims to rise to 201,000.

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