16:35 PMDarden Restaurants (DRI): FQ2 EPS of $0.43 beats by $0.01. Revenue of $1.64B (-2%) vs. $1.65B. Blended same-store sales down 4.7%; excluding Thanksgiving week (in fiscal Q3 last year) down 3.9%. Excluding that holiday shift, same-store sales -0.7% at Olive Garden; -7.6% at Red Lobster; -5% at LongHorn Steakhouse. Shares -0.2% AH. (PR)
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16:42 PMDarden Restaurants (DRI): FQ4 EPS of $0.90 beats by $0.04. Revenue of $1.98B (+8%) in-line. The company declared a quarterly dividend of 0.25, a 25 percent increase. Sees FY10 EPS of $2.59-$2.85 vs. $2.71. Shares -2.4% AH. (PR)
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09:06 AM
"We've advertised more" during the downturn, Darden Restaurants (DRI) CEO Clarence Otis tells CNBC after the firm's FQ3 beat. DRI has boosted its broadcast TV ad spending the most. DRI +11% premarket.
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17:03 PMDarden Restaurants (DRI): FQ3 EPS of $0.80 beats by $0.12. Revenue of $1.8B (-0.7%) in-line. Sees full-year EPS of $2.66-$2.74 vs. $2.52. Shares +6% AH. (PR)
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