Darden Restaurants, Inc. (NYSE:DRI) on Thursday posted better-than-expected earnings for the third quarter.
The 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.
“Across all our brands, we’re seeing historically high team member and manager retention, which is enabling consistent execution and strong guest satisfaction,” said Darden President & CEO Rick Cardenas.
Darden narrowed its fiscal 2026 adjusted EPS guidance to $10.57 to $10.67, compared with its prior range of $10.50 to $10.70 (Street view: $10.57).
The company also expects fiscal 2026 sales of $13.224 billion, …