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Darden Dining establishments Inc., father or mother corporation of makes such as Olive Back garden, LongHorn Steakhouse and Lawn Dwelling, posted improved-than-expected fiscal initially-quarter earnings on Thursday, boosted by the addition of 77 eating places from Ruth’s Chris Steak Residence, which it acquired in June.
The firm DRI experienced internet money of $194.5 million, or $1.60 a share, for the quarter to Aug. 27, up from $193. million, or $1.56 a share, in the yr-previously time period. Modified for every-share earnings arrived to $1.78, ahead of the $1.74 FactSet consensus.
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