Darden Restaurants' revenue increases, with LongHorn Steakhouse as the main driver of growth

MaticHoleFiller · 2026-03-25T22:04:01+00:00

Darden Restaurants' third quarter revenue increased 5.9% to $33.5 billion, with net income of $306.8 million and adjusted earnings per share of $2.95. The company raised its full-year revenue and same-store sales growth guidance, primarily driven by LongHorn Steakhouse.

MaticHoleFiller

2026-03-25 22:04:01

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Third Quarter Revenue Up 5.9% to $3.35 Billion

Key Highlights

Darden Restaurants announced a 5.9% increase in third quarter revenue, reaching $3.35 billion, and raised its full-year revenue growth forecast to 9.5%.

The revenue growth was primarily driven by its LongHorn Steakhouse brand.

The company reported a net profit of $306.8 million, or $2.65 per share, down from $323.4 million, or $2.74 per share, in the same period last year.

Adjusted earnings per share were $2.95. FactSet analysts’ consensus expected $2.94 per share.

Revenue increased 5.9% to $3.35 billion. Wall Street previously forecasted $3.33 billion.

Same-store sales grew 4.2%, with LongHorn Steakhouse’s same-store sales increasing 7.2%, serving as the main growth driver.

The company has raised its full-year revenue growth outlook from the previous 8.5%–9.3% to 9.5%.

At the same time, it increased its full-year same-store sales growth forecast from the previous 3.5%–4.3% to 4.5%. Analysts’ average expectation was 3.8%.

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Editor: Guo Mingyu

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