Darden Restaurants Reports Fiscal 2024 Third Quarter Results; Declares Quarterly Dividend; Authorizes New $1 Billion Share Repurchase Program; And Updates Fiscal 2024 Financial Outlook

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Go back to Darden Restaurants Reports Fiscal 2024 Third Quarter Results; Declares Quarterly Dividend; Authorizes New $1 Billion Share Repurchase Program; And Updates Fiscal 2024 Financial Outlook

Darden Restaurants (DRI) Misses Q3 EPS by 2c, Updates Guidance

March 21, 2024 7:13 AM EDT

Darden Restaurants (NYSE: DRI) reported Q3 EPS of $2.62, $0.02 worse than the analyst estimate of $2.64. Revenue for the quarter came in at $3 billion versus the consensus estimate of $3.03 billion.

GUIDANCE:

Darden Restaurants sees FY2024 EPS of $8.80-$8.90, versus the consensus of $8.86. Darden... More