Business & Finance
Darden Restaurants Falls on Results; Stitch Fix Down on Forecast | Stock Movers
Key Points
- 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. shares are falling after the online personal styling platform forecast a much weaker full-year 2027 Ebitda that analysts expected.
- 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 for the fourth quarter of 2.0c. (Source: Bloomberg)