Darden Restaurants Inc. reported a 13-percent increase in net income for the third quarter and raised its full-year guidance for earnings growth, based on positive same-store sales as well as optimism in an improving economy. For the third quarter ended Feb. 27, Darden generated net income of $151.2 million, or $1.08 per share, compared with earnings of $134.3 million, or 94 cents per share, for the year-ago quarter. Revenue rose 6 percent to $1.98 billion. Blended same-store sales for its ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!
Questions about your account or how to access content?
Contact: Desiree Torres Desiree.Torres@penton.com