The sales of Darden Restaurants increased by 6%, driven by the performance of Olive Garden and LongHorn Steakhouse.

• Darden Restaurants' quarterly earnings revenue was in line with analysts' expectations.
• The company's same-store sales rose 2.4% in its latest quarter.

Olive Garden and LongHorn Steakhouse reported quarterly earnings and revenue that met analysts' expectations and better-than-expected same-store sales growth on Thursday.

Shares of the company rose 8% in premarket trading.

According to a survey of analysts by LSEG, the company's reported results may not align with Wall Street's expectations.

• The adjusted earnings per share is $2.03, which falls short of the expected $2.02.
• While the actual revenue of $2.89 billion is less than the anticipated $2.9 billion, it is still a significant amount.

Darden's fiscal second-quarter net income increased to $215.1 million, or $1.82 per share, from $212.1 million, or $1.76 per share, in the previous year.

The restaurant company earned $2.03 per share, excluding costs related to Chuy's acquisition.

Net sales rose 6% to $2.89 billion.

Darden's sales increased by 2.4%, surpassing analyst predictions of 1.5%.

Darden's portfolio top performer, LongHorn Steakhouse, exceeded Wall Street expectations with a 7.5% same-store sales growth.

Darden's quarterly revenue is primarily generated by Olive Garden, which experienced a 2% increase in same-store sales, exceeding analysts' expectations of 1.4%.

Darden's fine-dining chains, including The Capital Grille and Ruth's Chris Steak House, experienced a 5.8% decline in same-store sales, which was more severe than the predicted 2.8% decrease by analysts. The higher prices of fine-dining chains have deterred many consumers who are looking to save money on dining out.

The remaining segment of the company, comprising Cheddar's Scratch Kitchen and Yard House, experienced a 0.7% increase in same-store sales, in accordance with predictions.

In the quarter, Darden opened 39 new locations and acquired 103 Chuy's restaurants through its $605 million acquisition in October.

Darden updated its fiscal 2025 outlook to include Chuy's results, although the chain won't be included in its same-store sales metrics until the fiscal fourth quarter in 2026. The company now anticipates total sales of $12.1 billion, up from its prior estimate of $11.8 billion to $11.9 billion. Darden reiterated its forecast for net earnings per share from continuing operations of $9.40 to $9.60.