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Deutsche Bank analyst Brett Levy asks about $DRI's wage rate inflation and turnover. CEO Gene Lee said the company is seeing 2.5-3.5% wage inflation depending on where it is and which brand and which part of the country. Gene added that the industry is seeing a pretty good tick up in turnover, but the company is not seeing it in its Darden brands.
No better outlook on $MSFT. Even if the results beat a bit, the stock may move 4 to 6% higher, but won't go above $60.