Darden Restaurants Reports Strong Q3 2025 Results

Darden Restaurants ( (DRI) ) has released its Q3 earnings. Here is a breakdown of the information Darden Restaurants presented to its investors.

Darden Restaurants, Inc. is a prominent player in the restaurant industry, known for its diverse portfolio of brands including Olive Garden, LongHorn Steakhouse, and The Capital Grille, among others. The company operates in the casual dining sector, offering a variety of dining experiences across its numerous restaurant chains.

In its fiscal 2025 third-quarter earnings report, Darden Restaurants announced a 6.2% increase in total sales, reaching $3.2 billion. This growth was attributed to a blend of same-restaurant sales increases and the acquisition of Chuy’s restaurants. The company also declared a quarterly dividend and updated its financial outlook for the fiscal year.

Key financial highlights include a reported diluted net earnings per share of $2.74, with an adjusted figure of $2.80 after excluding transaction-related costs. The company successfully repurchased $53 million of its common stock and saw significant sales growth across its segments, particularly in LongHorn Steakhouse and Olive Garden. The acquisition of Chuy’s restaurants contributed to the ‘Other Business’ segment’s performance.

Looking ahead, Darden Restaurants projects total sales of approximately $12.1 billion for fiscal 2025, with plans to open 50 to 55 new restaurants. The company anticipates a same-restaurant sales growth of around 1.5% and an effective tax rate of 12.5%, demonstrating confidence in its strategic direction and operational resilience.

Overall, Darden Restaurants remains committed to delivering profitable sales growth and maintaining its strong market position, despite the challenges posed by the current economic environment.