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Darden Restaurants (DRI) Tops Q3 View; Guides FY08 Comps, EPS, Sales

March 18, 2008 4:36 PM EDT
Darden Restaurants (NYSE: DRI) reports Q3 EPS of $0.80, which includes a 5c charge from RARE acqusition and may not be comparable the analyst estimate of $0.82. Revenues for the quarter were $1.81 billion, versus the consensus of $1.80 billion.

Sees FY08 US Comps up 2-3% and FY08 adj-EPS up 7-9%. Also sees US total sales up 19-20%.

Darden Restaurants, Inc., through its subsidiaries, engages in the ownership and operation of casual dining restaurants in the United States and Canada. [BCS]

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