Reports Q3 revenue $3.2B, consensus $3.22B. Reports Q3 blended same-restaurant sales increase of 0.7%. “We had a solid quarter, and I am proud of how our teams managed their business and controlled what they could control,” said Darden (DRI) President & CEO Rick Cardenas. “All of our segments grew total sales and segment profit margin, while several brands set sales records during the holidays and on Valentine’s Day, reinforcing the strength of our portfolio and the loyalty of our guests. Our ability to deliver profitable sales growth in a challenging environment is a testament to the strength of our business model and adherence to our proven strategy.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DRI:
- Notable companies reporting before tomorrow’s open
- DRI Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Options Volatility and Implied Earnings Moves This Week, March 17 – March 21, 2025
- Darden price target raised to $212 from $200 at Truist
- Darden Restaurants: Resilience Amid Market Uncertainties Supports Buy Rating
Questions or Comments about the article? Write to editor@tipranks.com