Darden Serves Up A Win — LongHorn Steakhouse Is The Star Dish

The results offered investors some reassurance, even as analysts said questions still linger over margins, costs, and consumer spending trends.Quarterly MetricsThe company reported third-quarter adjusted earnings per share of 2.95, beating the analyst consensus estimate of $2.94. Quarterly sales of $3.345 billion (+5.9% year over year) outpaced the Street view of $3.333 billion.Growth in revenues was driven by a blended same-restaurant sales increase of 4.2% and sales from 31 net new restaurants.Darden’s co ...