Darden Restaurant Inc. posted improved profit and higher sales for its third quarter, but noted that the restaurant environment is still difficult to navigate as consumer sentiment remains mixed. The company’s profit for the three months ended Feb. 26 rose 8.5 percent. Earnings totaled $164.1 million, or $1.25 per share, up from $151.2 million, or $1.08 per share, in the same quarter the year earlier. Latest-quarter revenue rose 9 percent to $2.16 billion, reflecting positive ...
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Contact: Desiree Torres Desiree.Torres@penton.com