Darden Restaurants, Inc. (NYSE:DRI) reported third quarter 2022 earnings results today.
Total sales increased 41.3% year-over-year to $2.45 billion. Blended same-restaurant sales increased 38.1%.
Net earnings were $247 million, or $1.93 per share, compared to $128.7 million, or $0.98 per share, in the same period a year ago.
Darden updated its outlook for FY2022 based on its year-to-date results. The company expects total sales of approx. $9.55-9.62 billion and EPS from continuing operations of $7.30-7.45.
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