Darden Restaurants (DRI) Misses Q3 EPS by 20c, Offers Guidance

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Darden Restaurants Reports Fiscal 2022 Third Quarter Results; Declares Quarterly Dividend; And Updates Fiscal 2022 Outlook

March 24, 2022 7:00 AM EDT

ORLANDO, Fla., March 24, 2022 /PRNewswire/ -- Darden Restaurants, Inc., (NYSE: DRI) today reported its financial results for the third quarter ended February 27, 2022.

Third Quarter 2022 Financial Highlights

Total sales increased 41.3% from last year to $2.45 billion driven by a blended same-restaurant sales increase of 38.1% and the addition of 33 net new restaurants Same-restaurant sales by segment:

Consolidated... More