Darden restaurants reports qtrly eps from continuing operations $1.90

Darden restaurants reports fiscal 2020 third quarter results; suspends quarterly dividend; withdraws its full year financial outlook for fiscal 2020; and comments on other liquidity matters.q3 sales $2.35 billion versus refinitiv ibes estimate of $2.32 billion.board of directors has suspended the quarterly cash dividend.darden restaurants - withdraws full year financial outlook for fiscal 2020.out of an abundance of caution, the company is also fully drawing on its $750 million credit facility.for q4 to date through sunday, march 15, darden same-restaurant sales declined -5.9%.darden restaurants qtrly same-restaurant sales for olive garden up 2.1%.for q4, same-restaurant sales were up 3.0%, down 0.2%, and down 20.6% for first three weeks of quarter respectively.darden restaurants qtrly same-restaurant sales for cheddar's scratch kitchen down 1.6%.qtrly reported diluted net earnings per share from continuing operations increased 5.6% to $1.90.qtrly earnings from continuing operations $1.90 per share.q3 blended same-restaurant sales increased 2.3%.q3 earnings per share view $1.88, revenue view $2.32 billion -- refinitiv ibes data.
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