Darden Restaurants Falls on Results; Stitch Fix Down on Forecast | Stock Movers
Darden Restaurants shares fell after reporting lower profits, while MGM Resorts dropped following a canceled acquisition. Stitch Fix shares also declined after the company issued a weak full-year 2027 forecast.
- Darden Restaurants (DRI) shares are lower after reporting first quarter results. It posted higher 1Q sales, but profits slipped and expenses increased. - MGM Resorts (MGM) shares are lower after Barry Diller’s People Inc. dropped plans to acquire the rest of the casino giant. - Stitch Fix (SFIX) shares are falling after the online personal styling platform forecast a much weaker full-year 2027 Ebitda that analysts expected. The company also reported loss per share from continuing operations…
READ NEXT
More on the wire
FROM THE PUBLISHER
Have you ever wanted an electric bike that easily transitions from the drudgery of urban asphalt to adventures in gravel and dirt? That's what a subclass of so-called "electric SUV" (eSUV) e-bikes claims to do, with their wide, all-terrain tires and front and rear suspension, plus practical accessories like fenders and racks. So, that's what […]
FROM THE PUBLISHER
The White House announced Friday evening that it was rescinding over $800 million in congressionally appropriated funds across a range of government programs.
FROM THE PUBLISHER
"Radical leftists are calling to defund the police and abolish DHS. It’s NEVER going to happen," Markwayne Mullin said.