Darden Restaurants 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 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 on Thursday reported quarterly earnings and revenue that met analysts’ expectations and better-than-expected same-store sales growth at Olive Garden and LongHorn Steakhouse.
Shares of the company rose about 10% in premarket trading despite the results. Excluding Thursday’s gains, the stock has fallen 3% this year as investor concerns about the health of the consumer weigh on the restaurant industry at large.
Darden’s quarterly earnings met Wall Street expectations, but its revenue fell short of estimates.
Darden Restaurants on Friday reported quarterly earnings that beat expectations and raised its annual guidance, helped by sales growth at chains like Olive Garden and LongHorn Steakhouse.
Darden Restaurants on Thursday reported earnings and revenue that topped analysts’ expectations in its first quarter as the owner of Ruth’s Chris Steak House.
Darden Restaurants on Thursday reported quarterly earnings that topped Wall Street’s expectations, fueled by strong LongHorn Steakhouse sales.