Darden Restaurants (DRI) reported $3.16 billion in revenue for the quarter ended February 2025, representing a year-over-year increase of 6.2%. EPS of $2.80 for the same period compares to $2.62 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $3.21 billion, representing a surprise of -1.54%. The company delivered an EPS surprise of -0.36%, with the consensus EPS estimate being $2.81.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings - ...

Darden Restaurants grew revenue in the third quarter of fiscal 2025, bolstered by strategic acquisitions and restaurant openings.Full-service dining restaurant chain specialist Darden Restaurants (DRI 5.74%) reported mixed fiscal 2025 third-quarter earnings on Thursday, March 20. Revenue of $3.16 billion rose 6.2% year over year but fell short of analysts' consensus expectations of $3.21 billion. Adjusted EPS of $2.80 was up by 6.9% year over year and matched expectations. The overall performance was solid, ...

Darden Restaurants (DRI) came out with quarterly earnings of $2.80 per share, missing the Zacks Consensus Estimate of $2.81 per share. This compares to earnings of $2.62 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -0.36%. A quarter ago, it was expected that this owner of Olive Garden and other chain restaurants would post earnings of $2.05 per share when it actually produced earnings of $2.03, delivering a surprise of -0.9 ...

In this articleThe Olive Garden logo is displayed on the front of an Olive Garden Italian restaurant in Edmonton, Alberta, Canada, on February 15, 2025.Darden Restaurants on Thursday reported weaker-than-expected sales as Olive Garden and LongHorn Steakhouse underperformed analysts' projections.Shares of the company fell nearly 1% in premarket trading.Here's what the company reported compared with what Wall Street was expecting, based on a survey of analysts by LSEG:Earnings per share: $2.80 adjusted vs. $2 ...

Third Quarter 2025 Financial Highlights, Comparisons Versus Same Fiscal Quarter Last Year | Consolidated Darden* | 0.7% | | --- | --- | | Olive Garden | 0.6% | | LongHorn Steakhouse | 2.6% | | Fine Dining | (0.8)% | | Other Business* | (0.4)% | * Will not include Chuy's until they have been owned and operated by Darden for a 16-month period (Q4 Fiscal 2026) ** See the "Non-GAAP Information" below for more details "We had a solid quarter, and I am proud of how our teams managed their business and controlled ...

ORLANDO, Fla., March 20, 2025 /PRNewswire/ -- Darden Restaurants, Inc. (NYSE:DRI) today reported its financial results for the third quarter ended February 23, 2025. Third Quarter 2025 Financial Highlights, Comparisons Versus Same Fiscal Quarter Last Year Total sales increased 6.2% to $3.2 billion, driven by a blended same-restaurant sales* increase of 0.7% and sales from the acquisition of 103 Chuy's restaurants and 40 net new restaurants Same-restaurant sales: Consolidated Darden* 0.7 % Oli ...

Core Insights - Darden Restaurants, Inc. is set to release its third-quarter financial results on March 20, with expected earnings of $2.79 per share, an increase from $2.62 per share in the same quarter last year [1] - The company projects quarterly revenue of $3.22 billion, up from $2.97 billion a year earlier [1] Analyst Ratings - Truist Securities analyst Jake Bartlett maintained a Buy rating and raised the price target from $200 to $212 on March 17, 2025, with a 72% accuracy rate [4] - Raymond James analyst Brian Vaccaro maintained an Outperform rating and increased the price target from $200 to $210 on January 28, 2025, with an 80% accuracy rate [4] - Barclays analyst Jeffrey Bernstein maintained an Overweight rating and boosted the price target from $206 to $230 on January 7, 2025, with a 64% accuracy rate [4] - Oppenheimer analyst Brian Bittner maintained an Outperform rating and increased the price target from $200 to $218 on January 7, 2025, with a 66% accuracy rate [4] - Stifel analyst Chris O'Cull maintained a Buy rating and boosted the price target from $190 to $205 on December 20, 2024, with a 75% accuracy rate [4]

On Wednesday, Oppenheimer analyst Brian Bittner reiterated the Outperform rating on Darden Restaurants, Inc. DRI, with a price forecast of $218.Darden plans to release its fiscal 2025 third quarter financial results before the market opens on Thursday, March 20.The analyst notes that, despite concerns regarding discretionary consumer spending, the company’s shares have performed well, showing a 0.7% increase year-to-date.In early January, Bittner raised the stock to a “top pick,” with the investment thesis ...

Core Viewpoint - Darden Restaurants, Inc. is set to report its third-quarter fiscal 2025 results on March 20, with expectations of improved earnings and revenue compared to the previous year [1][3]. Earnings Estimates - The Zacks Consensus Estimate for fiscal third-quarter earnings per share (EPS) is $2.81, reflecting a 7.3% increase from $2.62 in the same quarter last year [3]. - Revenue expectations are pegged at $3.21 billion, indicating a 7.9% rise from the prior year's figure [3]. Factors Influencing Performance - Darden's quarterly results are anticipated to benefit from strong same-restaurant sales growth, strategic pricing, and operational efficiencies [4]. - Menu innovation and value offerings are expected to drive customer traffic, alongside enhancements in digital ordering and loyalty programs [4]. Revenue Contributions - Core casual dining brands, particularly Olive Garden and LongHorn Steakhouse, are projected to contribute significantly to revenue, with expected increases of 3.4% to $1.4 billion and 7% to $0.8 billion, respectively [5]. - Fine dining revenue is expected to rise by 5.7% year over year to $0.4 billion [5]. Operational Enhancements - Improvements in supply chain optimization and technology-driven efficiencies are likely to enhance cost controls, contributing to margin expansion [6]. - Initiatives aimed at reducing food waste and optimizing kitchen operations are expected to support bottom-line growth, with adjusted EBITDA projected at $0.55 billion [6]. Cost Challenges - Darden faces macroeconomic challenges, including inflationary pressures and fluctuations in consumer discretionary spending [7]. - Food and beverage costs are predicted to rise by 8.2% to $1 billion, while labor costs are expected to increase by 6.1% to $1 billion [7]. Earnings Prediction Model - The current model does not predict an earnings beat for Darden, as the company has an Earnings ESP of -1.24% and a Zacks Rank of 3 [8].

Core Insights - Darden Restaurants Inc (NYSE:DRI) stock has recently increased by 0.9% to $187.70 after a pullback to its lowest level since January, following a record high of $203.12 on March 3 [1] - The stock has shown a nine-month lead of 22.2% and is approaching a trendline that historically yields bullish returns [1] - The stock is currently trading within one standard deviation of its 80-day moving average, a position that has historically led to gains [2] Performance Analysis - In the past three years, similar trading conditions have occurred six times, resulting in DRI being higher a month later 67% of the time, with an average gain of 4.1% [3] - If the stock follows this trend, it could rise above $195, nearing its all-time peak [3] Options Market Sentiment - The equity's 10-day call/put volume ratio stands at 16.87, which is higher than all annual readings, indicating a potential unwinding of pessimism in the options market [4]