Darden Restaurants Falls on Results; Stitch Fix Down on Forecast | Stock Movers

Darden Restaurants reported first quarter sales above prior year levels, though net income declined and operating expenses increased. MGM Resorts shares fell after People Inc., controlled by Barry Diller, terminated its planned acquisition of the remaining stake in the casino company. Stitch Fix lowered its full-year 2027 Ebitda forecast below analyst expectations and reported a loss per share of 2.0 cents from continuing operations in the fourth quarter.

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