Darden Restaurants (DRI) Tops Q3 EPS by 3c; Boosts FY11 EPS Growth Guidance

March 24, 2011 4:32 PM EDT
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Darden Restaurants (NYSE: DRI) reported Q3 EPS of $1.08, $0.03 better than the analyst estimate of $1.05. Revenue for the quarter came in at $1.98 billion versus the consensus estimate of $1.97 billion.

Blended US same-store sales rose 0.9%.

Reaffirms outlook for FY11 sales, raises EPS outlook from up 17-18% to up about 19%.

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