Darden Restaurants Q3 Sales Fall Short as Olive Garden, LongHorn Disappoint
1. Darden's Q3 EPS met estimates but missed sales projections. 2. Same-restaurant sales rose only 0.7%, below analyst expectations. 3. Adjusted EPS outlook slightly narrowed, reflecting cautious expectations. 4. Oppenheimer anticipates industry-wide sales challenges impacting performance. 5. Shares dropped 1.5% in premarket trading following the report.