Darden Restaurants Q3 Sales Fall Short as Olive Garden, LongHorn Disappoint | Global News Avenue

Daden Restaurant (dri) reported adjusted profits for the third quarter of fiscal 2025, which are consistent with analyst estimates, but sales of the same meals were short.

Parents at Olive Garden and Langhorn Steakhouse have adjusted Earnings per share (EPS) $2.80 Net sales of $3.16 Billion. Analysts with visible Alpha votes are expected to be $2.80 and $3.21 billion, respectively.

Dutton said total sales at the same restaurant increased by 0.7%, including 0.6% and 2.6% of Oliver Gardens Longhorn. Analysts are looking for sales in the same restaurant to grow 1.74%, which includes 1.49% for Olive Garden and 5.01% for Longhorn.

Daden kept most of its outlook for the whole year unchanged, narrowing its adjusted EPS forecast to the $9.45 to $9.52 range, from the previous $9.40 to $9.60.

Oppenheimer analysts said before Thursday’s results they expect calendar shifts for the quarter, weather, challenging flu seasons and industry scope of consumer weaknesses to lead to a 1.2% increase in the same restaurant price in Darden, below consensus.

Daden shares have risen about 9% over the past 12 months and have fallen about 1.5% in listed trading shortly after the report.