From Financial Modeling Prep: 2025-03-20 10:20:00

Darden Restaurants (NYSE:DRI) stock rose 6% after reporting Q3 earnings with $2.80 adjusted EPS, slightly below the $2.81 estimate. Revenue hit $3.2 billion, missing the $3.22 billion projection, but total sales increased 6.2% YoY. Olive Garden saw 0.6% same-restaurant sales growth, while LongHorn Steakhouse led with a 2.6% increase.

Darden slightly adjusted its full-year fiscal 2025 outlook, now expecting adjusted EPS between $9.45 and $9.52, in line with the $9.48 consensus. Total sales are projected to reach around $12.1 billion for the year. The company highlighted strong holiday sales, including a record-breaking Valentine’s Day performance.

The company’s performance reflects continued consumer demand across its core brands, with Olive Garden and LongHorn Steakhouse showing positive same-restaurant sales growth. Darden’s ability to navigate a competitive restaurant landscape and maintain long-term growth was reinforced by its Q3 results and holiday sales success.



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