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An Olive Garden restaurant in Silverdale. Darden Restaurants, Inc. which owns Olive Garden and other restaurant chains is scheduled to report its fourth-quarter 2022 earnings on June 23.
Toby Scott | Lightrocket | Getty Images
Darden Restaurants‘ quarterly earnings and revenue beat analysts’ expectations, shaking off inflationary pressures as diners returned to LongHorn Steakhouse and The Capital Grille.
In the face of higher costs and economic uncertainty, Olive Garden’s parent company issued a mixed forecast for fiscal 2023.
Shares of the company were up 5% in premarket trading on Thursday.
Here’s what the company reported compared with what Wall Street was expecting, based on a survey of…
Source cnbc.com
