Darden Falls on 1Q Profit Slip; Stitch Fix Tumbles on Weak 2027 Ebitda Forecast

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2▲0 ▼4Impact / 5
Summary · why it matters

Darden Restaurants shares fell after the company reported first quarter results showing higher sales but lower profits and increased expenses. MGM Resorts shares declined after Barry Diller's People Inc. dropped its plans to acquire the rest of the casino giant. Stitch Fix shares dropped after the online personal styling platform forecast full-year 2027 Ebitda far below what analysts expected, and reported a loss per share from continuing operations of 2.0c for the fourth quarter.

Impact on assets 5

Consumer Discretionary▼ · 4 stocks
Darden Restaurants Inc
DRI
▼ NegativeCapitalrelevance

Darden reported higher sales but lower profits and increased expenses in Q1, pressuring shares.

Stitch Fix
SFIX
▼ NegativeCapitalrelevance

Stitch Fix forecast FY2027 Ebitda far below analyst expectations and posted a Q4 loss per share.

MGM Resorts International
MGM
▼ NegativeCapitalrelevance

MGM shares declined after People Inc. abandoned its bid to acquire the rest of the casino giant.

Communication Services▼ · 1 stocks
People Incorporated
PPLI
▼ NegativeCapitalrelevance

Barry Diller's People Inc. dropped its plans to acquire the rest of MGM Resorts.

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