Darden Restaurants (DRI) Tops Q3 EPS by 2c
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Darden Restaurants Reports Fiscal 2016 Third Quarter Results; Reports Positive Same-Restaurant Sales For All Brands; And Increases Same-Restaurant Sales And Earnings Outlook For The Full Fiscal Year
April 5, 2016 7:00 AM EDTORLANDO, Fla., April 5, 2016 /PRNewswire/ -- Darden Restaurants, Inc., (NYSE: DRI) today reported its financial results for the third quarter ended February 28, 2016.
Third Quarter 2016 Financial Highlights Versus Same Fiscal Quarter Last Year
Total sales from continuing operations increased 6.7% to $1.85 billion Adjusted diluted net earnings per share from continuing operations increased 22.2% to $1.21* On a reported basis, diluted net earnings per share from continuing operations were $0.84 and were negatively impacted by approximately $0.37, primarily related to the early retirement of debt The company repurchased approximately $140 million of its... More