Darden Restaurants (DRI) Tops Q3 EPS by 6c, Raises FY EPS Guidance
Darden Restaurants (NYSE: DRI) reported Q3 EPS of $1.80, $0.06 better than the analyst estimate of $1.74. Revenue for the quarter came in at $2.25 billion versus the consensus estimate of $2.24 billion.
Same-restaurant sales by brand:
- +4.3% for Olive Garden
- -2.7% for Cheddar's Scratch Kitchen
- +3.8% for LongHorn Steakhouse
- -2.1% for Yard House
- +4.3% for The Capital Grille
- -1.3% for Seasons 52
- +3.7% for Eddie V's
- -3.7% for Bahama Breeze
GUIDANCE:
Darden Restaurants sees FY2019 EPS of $5.76-$5.80, versus the consensus of $5.70.
- Same-restaurant sales growth 2.5% to 2.7%
For earnings history and earnings-related data on Darden Restaurants (DRI) click here.
