Darden's quarterly earnings met Wall Street expectations, but its revenue fell short of estimates.Darden Restaurants
Darden reported fiscal third-quarter net income of $312.9 million, or $2.60 per share, up from $286.6 million, or $2.34 per share, a year earlier. But Darden's overall same-store sales fell 1% in the quarter as almost all of its restaurant segments reported same-store sales declines. Only LongHorn Steakhouse saw same-store sales growth. A year earlier, Darden reported same-store sales growth of 11.7%.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: