Darden Restaurants (DRI) PT, Estimates Raised at Jefferies
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Darden Restaurants Reports Strong Third Quarter Results; Increases Earnings Outlook For The Full Fiscal Year; And Declares Regular Quarterly Dividend
March 20, 2015 7:00 AM EDTORLANDO, Fla., March 20, 2015 /PRNewswire/ --Â Darden Restaurants, Inc. (NYSE: DRI) today reported its financial results for the third quarter ended February 22, 2015.
Third Quarter 2015 Financial Highlights Versus Same Period a Year Ago
Total sales from continuing operations in the third quarter increased 6.9% to $1.73 billion Adjusted earnings per diluted share* increased 39% to $0.99 On a GAAP basis, earnings per diluted share increased 55% to $1.01 Combined Darden comparable same-restaurant sales for the quarter were +3.6%: +2.2% for Olive Garden +5.4% for LongHorn Steakhouse +5.4% for Yard House... More