Darden Restaurants (DRI) Tops Q3 EPS by 29c, Revenues Beat, Blended SSS Down 26.7%; Offers 4Q EPS/Revenue Guidance Above Consensus

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Darden Restaurants Reports Fiscal 2021 Third Quarter Results; Announces Team Member Investments; Declares Quarterly Dividend; Authorizes New $500 Million Share Repurchase Program; And Provides Fiscal

March 25, 2021 7:00 AM EDT

ORLANDO, Fla., March 25, 2021 /PRNewswire/ -- Darden Restaurants, Inc., (NYSE: DRI) today reported its financial results for the third quarter ended February 28, 2021.

Statement from Gene Lee, Chairman and CEO.

It is hard to believe that it has been a year since the pandemic began to significantly impact our business. The strategy we developed six years ago focused on executing our Back-to-Basics operating philosophy and strengthening our competitive advantages has provided a strong foundation to help us navigate this period of unprecedented change and uncertainty.... More