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Darden Restaurants (DRI) came out with quarterly earnings of $2.80 per share, missing the Zacks Consensus Estimate of $2.81 per share. This compares to earnings of $2.62 per share a year ago.
Cheddar's is the next Darden brand to test first-party delivery following the successful rollout at Olive Garden ORLANDO, Fla. and SAN FRANCISCO , March 20, 2025 /PRNewswire/ -- Darden Restaurants, Inc., (NYSE: DRI) and Uber Technologies, Inc. (NYSE: UBER) announced today that Cheddar's Scratch Kitchen is the next Darden brand to pilot on-demand delivery.
Darden Restaurants (DRI) reported fiscal 2025 third-quarter adjusted profits in line with analysts' estimates but same-restaurant sales came up well short.
The owner of Olive Garden logged higher earnings and sales in its fiscal third quarter with the addition of over 100 Chuy's locations and other new restaurant openings.
Darden Restaurants beat Wall Street's expectations for quarterly earnings, but its revenue fell short of estimates. Olive Garden and LongHorn Steakhouse reported weaker-than-expected same-store sales growth.
ORLANDO, Fla. , March 20, 2025 /PRNewswire/ -- Darden Restaurants, Inc. (NYSE:DRI) today reported its financial results for the third quarter ended February 23, 2025.
Darden Restaurants, Inc. DRI will release its third-quarter financial results, before the opening bell, on Thursday, March 20.
On Wednesday, Oppenheimer analyst Brian Bittner reiterated the Outperform rating on Darden Restaurants, Inc. DRI, with a price forecast of $218.
DRI's fiscal Q3 performance is likely to have gained from strong same-restaurant sales growth, strategic pricing actions and continued operational efficiencies.
Darden Restaurants Inc (NYSE:DRI) stock was last seen up 0.9% to trade at $187.70, bouncing off a pullback to its lowest level since January after it hit a March 3, record high of $203.12.