Home Business & Finance Darden Restaurants earnings beat estimates but Olive...
Business & Finance

Darden Restaurants earnings beat estimates but Olive Garden growth weakens

Key Points

An Olive Garden restaurant in Milpitas, California, US, on Tuesday, Dec. 16, 2025. David Paul Morris | Bloomberg | Getty Images Darden Restaurants on Thursday reported mixed quarterly results as same-store sales growth at the company's fine-dining restaurants and Olive Garden fell short of expectations. Shares of the company slid more than 1% in premarket trading.

An Olive Garden restaurant in Milpitas, California, US, on Tuesday, Dec. 16, 2025. David Paul Morris | Bloomberg | Getty Images Darden Restaurants on Thursday reported mixed quarterly results as same-store sales growth at the company's fine-dining restaurants and Olive Garden fell short of expectations. Shares of the company slid more than 1% in premarket trading. Here's what the company reported for its fiscal fourth quarter compared with what Wall Street was expecting, based on a survey of analysts by LSEG: - Earnings per share: $3.66 adjusted vs. $3.63 expected - Revenue: $3.72 billion vs. $3.73 billion expected Darden reported net income of $404.9 million, or $3.51 per share, up from $303.8 million, or $2.58 per share, a year earlier. Excluding costs of restaurant closures and other items, the company earned $3.66 per share. Net sales climbed 13.7% to $3.72 billion, boosted by the inclusion of an extra week during the fiscal year.
Darden Restaurants (ORG) Olive Garden (ORG) Milpitas (LOCATION) California (LOCATION) US (LOCATION) David Paul Morris (PERSON) Bloomberg (ORG) Getty Images Darden Restaurants (ORG) Darden (ORG)
Originally published by CNBC Read original →