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CNBC
3 hours ago
- Business
- CNBC
Darden Restaurants beats earnings estimates, as Olive Garden parent predicts growth in 2026
Darden Restaurants on Friday beat Wall Street's earnings and revenue estimates, while the Olive Garden parent predicted solid growth for fiscal year 2026. Shares of Darden rose more than 2% in premarket trading Friday. Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Darden reported fiscal fourth-quarter net income of $303.8 million, or $2.58 per share, compared with $308.1 million, or $2.58 per share, a year earlier. Excluding costs related to its Chuy's Tex Mex acquisition, Darden earned $2.98 per share for the fiscal fourth-quarter ended May 25. Net sales rose 10.6% to $3.3 billion, fueled in part by acquiring 103 Chuy's restaurants and 25 net new restaurants. The Orlando, Florida-based company's same-store sales rose 4.6%, beating StreetAccount estimates of 3.5%. For the full fiscal year 2026, Darden gave a forecast for revenue growth of 7% to 8%, including approximately 2% growth related to having an extra week in the year. It expects adjusted earnings to be in a range of $10.50 to $10.70 per share, including 20 cents related to the additional week. Despite signs of consumers pulling back on spending, Darden Restaurants CEO Rick Cardenas said in March during the company's third-quarter earnings call that dining out has remained a category where consumers continue to treat themselves and splurge. "Our strategy remains the right one for the company, and we will continue to execute it to drive growth and long-term shareholder value," he said in a release Friday. Darden's two standout brands, Olive Garden and LongHorn Steakhouse, reported same-store sales growth that beat expectations. Olive Garden, which accounts for roughly 40% of Dardan's quarterly revenue, saw same-store sales rise 6.9%, beating analysts' expectations of 4.6%. LongHorn's same-store sales increased 6.7%, while analysts were anticipating growth of 5.3%. Darden's fine dining segment, which includes Ruth's Chris Steak House and The Capital Grille, reported a same-store sales decline of 3.3%, compared with the 0.2% decline expected. The company's remaining segment, which includes Cheddar's Scratch Kitchen and Yard House, saw same-store sales growth of 1.2%, compared to estimates of 1.1%. In March, Cheddar's Scratch Kitchen became the next Darden brand, after Olive Garden, to pilot on-demand delivery through a partnership with Uber Direct. At that time, Darden said Cheddar's was conducting the pilot in 10 of its restaurants. The company also announced that on Wednesday, its board of directors authorized a $1 billion share repurchase program, which does not have an expiration date and replaces the previously existing share repurchase authorization. Darden Restaurants stock is up about 19% year-to-date.


Scottish Sun
4 hours ago
- Entertainment
- Scottish Sun
‘World's hottest scientist' signs up for new Netflix shark reality show with incredible £37k prize
Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) A WOMAN once branded the world's hottest scientist has signed up to a new Netflix reality show all about sharks. Biologist Rosie Moore, who boasts hundreds of thousands of followers online thanks to her stunning looks, has confirmed she will be a contestant on Netflix's All The Sharks, set to launch next month. Sign up for the Entertainment newsletter Sign up 4 The 'world's hottest scientist' has signed up for a new Netflix reality show Credit: Instagram 4 Rosie Moore will be appearing on All The Sharks next month Credit: Instagram 4 The reality show sees the group swimming with sharks and hoping to get the best photo possible Credit: Netflix The online star spoke out to fans to address why she went "MIA" online last summer and confirmed it was because she had jetted off to film the brave new show. Taking to Instagram to confirm her participation, the scientist wrote alongside a trailer for the series: "I can finally announce why I went MIA last summer! "Watch for All the Sharks, airing July 4th on @netflix." Florida-based Rosie is known for being an animal lover and litters her Instagram with snaps of her interacting with all sorts of creatures, including crocodiles and snakes. The star is always camera-ready and never shies away from the chance to have a perfectly preened photograph taken. Now, fans will get the chance to see her up close and personal with sharks in All The Sharks. In the programme, four shark lovers, including Rosie, head across the seas with a team of experts to find different variations of the deadly sea creatures. As part of their challenge, the participants are tasked with snapping the best pictures of the sharks that they can. Whoever manages to get the most impressive photo stands to win a cool $50,000 - equivalent to £37,000. But putting themselves so close to sharks does not come without its risks. Shark attack reported at popular US beach as victim rushed to hospital just weeks after 1,600lb beast spotted in state In the show's trailer, the group can be seen surrounded by many sharks as one of them shouts out: "The sharknado. Holy sharks!" Rosie can later be heard talking about the "cutest shark attack ever" - clearly showing she is just as brave as she is beautiful. Reacting with joy to Rosie's casting in the show, one fan said: "Now this is absolutely a reality show I can get behind." Another added: "Rosie!!! This is sick! Congrats." As a third penned: "Cannot wait!!! So happy for you!"


The Irish Sun
4 hours ago
- Entertainment
- The Irish Sun
‘World's hottest scientist' signs up for new Netflix shark reality show with incredible £37k prize
A WOMAN once branded the world's hottest scientist has signed up to a new Netflix reality show all about sharks. Biologist Rosie Moore, who boasts hundreds of thousands of followers online thanks to her stunning looks, has confirmed she will be a contestant on Netflix's All The Sharks, set to launch next month. 4 The 'world's hottest scientist' has signed up for a new Netflix reality show Credit: Instagram 4 Rosie Moore will be appearing on All The Sharks next month Credit: Instagram 4 The reality show sees the group swimming with sharks and hoping to get the best photo possible Credit: Netflix The online star spoke out to fans to address why she went "MIA" online last summer and confirmed it was because she had jetted off to film the brave new show. Taking to Instagram to confirm her participation, the scientist wrote alongside a trailer for the series: "I can finally announce why I went MIA last summer! "Watch for All the Sharks, airing July 4th on @netflix." Florida-based Rosie is known for being an animal lover and litters her Instagram with snaps of her interacting with all sorts of creatures, including crocodiles and snakes. Read More on Netflix The star is always camera-ready and never shies away from the chance to have a perfectly preened photograph taken. Now, fans will get the chance to see her up close and personal with sharks in All The Sharks. In the programme, four shark lovers, including Rosie, head across the seas with a team of experts to find different variations of the deadly sea creatures. As part of their challenge, the participants are tasked with snapping the best pictures of the sharks that they can. Most read in TV Whoever manages to get the most impressive photo stands to win a cool $50,000 - equivalent to £37,000. But putting themselves so close to sharks does not come without its risks. Shark attack reported at popular US beach as victim rushed to hospital just weeks after 1,600lb beast spotted in state In the show's trailer, the group can be seen surrounded by many sharks as one of them shouts out: "The sharknado. Holy sharks!" Rosie can later be heard talking about the "cutest shark attack ever" - clearly showing she is just as brave as she is beautiful. Reacting with joy to Rosie's casting in the show, one fan said: "Now this is absolutely a reality show I can get behind." Another added: "Rosie!!! This is sick! Congrats." As a third penned: "Cannot wait!!! So happy for you!" 4 Rosie is known for turning heads online Credit: Instagram


Los Angeles Times
6 hours ago
- Politics
- Los Angeles Times
Unsanitary, overcrowded and inhumane: Surge of new detainees at Adelanto brings dire conditions, critics say
ADELANTO, Calif. — As federal immigration agents conduct mass raids across Southern California, the Adelanto ICE Processing Center is filling so rapidly it is reigniting longtime concerns about safety conditions inside the facility. In less than two months, the number of detainees in the sprawling complex about 85 miles northeast of Los Angeles has surged from around 300 near the end of April to more than 1,200 as of Wednesday, according to the American Civil Liberties Union of Southern California. The largest detention center in California, Adelanto has for years been the focus of complaints from detainees, attorneys and state and federal inspectors about inadequate medical care, overly restrictive segregation and lax mental health services. But now, critics — including some staff who work inside — warn that conditions inside have become increasingly unsafe and unsanitary. The facility, they say, is woefully unprepared to handle a massive increase in the number of detainees. 'It's dangerous,' a longtime Adelanto detention center staff member told The Times, speaking on condition of anonymity because they did not want to lose their job. 'We have no staffing for this and not enough experienced staff. They're just cutting way too many corners, and it affects the safety of everybody in there.' On Tuesday, U.S. Rep Judy Chu (D-Monterey Park), toured Adelanto with four other Democratic members of Congress from California amid growing concern over the rapidly increasing number of detainees and deteriorating conditions inside the facility. The facility's manager 'has to clearly improve its treatment of these detainees,' Chu said at a news conference after inspecting the facility for nearly two hours. Some detainees told lawmakers they were held inside Adelanto for 10 days without a change of clothes, underwear or towels, Chu said. Others said they had been denied access to a telephone to speak to loved ones and lawyers, even after repeatedly filling out forms. 'I was just really shocked to hear that they couldn't get a change of underwear, they couldn't get socks for 10 days,' Chu told The Times. 'They can't get the PIN number for a telephone call. What about their legal rights? What about the ability to be in contact with their families? That is inhumane.' Immigration Customs and Enforcement and GEO Group, the Florida-based private prison corporation that manages the Adelanto detention center, did not answer The Times' questions about staffing or conditions inside the facility. The Times also sent questions to Homeland Security assistant secretary for public affairs Tricia McLaughlin, but they were not answered. Over the last two weeks, new detainees have been forced to sleep on the floors of common areas without blankets and pillows and have spent days in the facility before they were provided with clean clothes and underwear, according to interviews with current detention center staff, immigration attorneys, and members of Congress who toured the facility. Some detainees have complained about lack of access to medication, lack of access to drinking water for four hours, and being served dinner as late as 10 p.m. One detainee was not allowed his high blood pressure pills when family tried to bring it in, said Jennifer Norris, a staff attorney at Immigrant Defenders Law Center. In some cases, she said, lax medical care has led to emergencies: a Vietnamese man passed out last week because staff didn't provide him with his necessary medication. 'It's clear that with the ramp up enforcement, Adelanto just does not have the staff to keep pace with the aggressive enforcement that's happening now,' Norris said. 'It is bizarre. We spend millions of dollars on ICE detention and they're not even able to provide basic necessities for the new arrivals.' Long before Trump administration officials announced in May they were setting a new national goal of arresting 3,000 unauthorized immigrants a day, Adelanto workers worried about understaffing and unsafe conditions as the center processed new detainees. At the end of last year, the facility held only three people. As of Wednesday, the number had swelled to 1,218, according to the ACLU of Southern California. The climb is only partly due to the ICE agents' recent escalation of immigrant raids. The 1,940-bed Adelanto facility has been operating at a dramatically reduced capacity since 2020 when civil rights groups filed a class-action lawsuit demanding a drastic reduction in the number of people detained at Adelanto on the basis that they faced severe risk of contracting COVID-19. A federal judge forced the detention center to release detainees and prohibit new intakes and transfers. But a series of federal court orders this year — the most recent in early June — has allowed the facility to fully reopen just as federal immigration agents fan out into neighborhoods and workplaces. 'As soon as the judge lifted the order, they just started slamming people in there,' an Adelanto staffer told The Times. Eva Bitrán, director of immigrant rights at the ACLU of Southern California, said 'almost everybody' held in the Adelanto facility had no criminal record before they arrived in the detention center. 'But even if they had a criminal record, even if they had served their time in criminal custody and then been brought to the ICE facility, nobody deserves 10 days in the same underwear,' Bitrán said. 'Nobody deserves dirty showers, nobody deserves moldy food.' Mario Romero, an Indigenous worker from Mexico who was detained June 6 at the Ambiance Apparel warehouse in downtown L.A., was one of dozens who ended up in Adelanto. His daughter, Yurien Contreras, said she and her family were traumatized after her father was 'chained by the hands, feet and waist,' taken to the Metropolitan Detention Center downtown and then 'held hostage' in a van from 11 p.m. to 7 a.m. with no access to water, food or a restroom. 'Little did we know,' she said, 'it was only the beginning of the inhumane treatment our families would endure.' At Adelanto, she said, officials try to force her father to sign documents without due process or legal representation. The medical care was 'less than minimal,' she said, the food was unsustainable and the water tasted like Clorox. Lucero Garcia told The Times she was concerned about her 61-year-old uncle, Candido, who was detained June 9 as he worked at his job at Magnolia Car Wash in Fountain Valley. But when she visited him Saturday, 'he didn't want to share much,' she said. 'He's worried more about us.' This is not the first time the Adelanto detention center has faced scrutiny. In 2018, federal inspectors issued a report finding 'serious violations' at the facility, including overly restrictive detainee segregation and guards failing to stop detainees from hanging braided bed sheet 'nooses.' Five years later, current and former Adelanto detainees filed a class-action lawsuit against GEO Group, alleging the company 'systematically poisoned' inmates by improperly using toxic chemicals to clean the detention center. GEO Group has denied the claims in the class-action suit. In April, the California Department of Justice released a report that found all of the state's six privately operated immigration detention facilities, including Adelanto, fell short in providing mental health care for detainees, medical record keeping, suicide prevention strategies, and use of force against detainees with mental health conditions. But two staffers who spoke to The Times said they had never experienced such unsafe conditions at Adelanto. As the prison population has increased over the last few months, they said, staff are working long hours without breaks, some even falling asleep driving home after their shifts and having car accidents. Shift duty officers with no security experience were being asked to make decisions in the middle of the night about whether to put detainees who felt threatened in protective custody. Officers, including people from food service, were being sent to the hospital to check on detainees with tuberculosis and hepatitis. 'Everyone's just overwhelmed,' a staffer said. Officers working over their allotted schedules were often tired when they were on duty, another staffer said. In May, a detainee went into anaphylactic shock and ended up intubated in the hospital, the staffer said, because an officer wasn't paying attention or was new and gave the detainee, who's allergic to seafood, a tray that contained tuna. At a May meeting, the warden told all executive staff that they needed to come to work dressed down on Tuesdays and Thursdays, the staffer said, because they would have to start doing janitorial work. On June 2, a detainee at the Annex facility made his way from a medical holding area, through four locked doors, all the way back to his dorm unescorted, the staffer said — a major security breach. 'If he would've wanted to escape he would've been gone,' the staffer said. 'All he did is push the buttons to access the doors and they were open for him, no questions. Apparently, whoever was in central control was too tired to check or too inexperienced.' The detention center was becoming unsanitary, the staffer said, with trash bins not promptly emptied, bathrooms not cleaned and floors not mopped as they should be. As new waves of detainees flooded into the facility over the last two weeks, the staffer said, the facility was chaotic and lacking basic supplies. 'We didn't have enough to provide right away,' they said, 'so we're scrambling to get clothes and mattresses.' Mark Ferretiz, who worked as a cook supervisor at Adelanto for 14 years until April, said former colleagues told him officers were working 16- to 20-hour shifts multiple days in a row without breaks, officers were slow to respond to physical fights between detainees, and food was limited for detainees. 'They had five years to prepare,' Ferretiz, who had served as a union steward, said of his former supervisors. 'I don't know the reason why they weren't prepared.' While the supply shortages appeared to ease some in recent days — a shipment of clothes and mattresses had arrived by Tuesday, when members of Congress toured — the detention center was still understaffed, the current staffer said. Detainees were being served food on paper clam-shell to-go boxes, rather than regular trays, a staffer said, because the facility lacked employees to wash up at the end of mealtimes. 'Trash pickup's not coming fast enough, ' a staffer said, noting that piles of trash sat outside, bagged up, beside the dumpsters. In a statement last week, GEO Group Executive Chairman George C. Zoley said fully opening the Adelanto facility would allow his company to generate about $31 million in additional annualized revenues. 'We are proud of our approximately 350 employees at the Adelanto Center, whose dedication and professionalism have allowed GEO to establish a long-standing record of providing high-quality support services on behalf of ICE in the state of California,' Zoley said. But after touring the facility, members of Congress said officials did not provide answers to basic questions. When Chu asked officials about whether California immigrants were being taken to other states, she said, they said, 'We don't know.'


Indianapolis Star
6 hours ago
- Politics
- Indianapolis Star
Phishing scam uses public's right to information to target state and local governments
Hoosiers can request a broad range of information from their local and state governments, such as police reports, contracts, policies and email communications. A recent phishing attack is twisting that right to information into a means to scam state and local government workers. Employees have reported that a recent surge of emails are posing as public records requests and encouraging records to be uploaded to a hyperlink. The Indiana Office of Technology is aware of the emails and has found them to be fraudulent, according to one of its email newsletters. Spokesperson Aliya Wishner said the city of Indianapolis' information services agency is aware of the phishing scam. The city uses a software system to fulfill records requests, not through email. One of the phishing emails obtained by IndyStar was sent from the domain "@recordsretrievalsolutions" and sought five years of information about an agency's purchase orders. Indiana's technology office said employees should be cautious with any emails from that domain and any contacts from Records Retrieval Solutions. The office said the scammers are pretending to be the Florida-based company. In light of the phishing scam, the office recommends that workers question whether a records requests is legitimate. Guidance includes contacting the sender to discuss the request, verifying the entity that's making the request, and searching the email text for red flags like hyperlinks. Under Indiana's Access to Public Records Act, members of the public have the right to request a wide swath of information held by government agencies. Some information may be withheld or redacted for legal or investigation reasons. The USA TODAY Network - Indiana's coverage of First Amendment issues is funded through a collaboration between the Freedom Forum and Journalism Funding Partners.