Earnings season continues with two blowout reports Thursday.
Action Alerts PLUS holding Darden (DRI - Get Report) served up a strong quarter, powered by solid sales at Olive Garden. Sales were up at all divisions, save for its newest outfit Cheddar Scratch Kitchen. The results are no small feat in the competitive restaurant industry.
Despite threats from Amazon (AMZN - Get Report) , Walmart (WMT - Get Report) and Target (TGT - Get Report) , Kroger (KR - Get Report) reported a solid quarter on Thursday as well. Digital sales surged 66% and the company lifted the bottom end of its profit outlook. Here is what Kroger CEO Rodney McMullen just told TheStreet.
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