Darden Restaurants down after missing quarterly sales estimates

Olive Garden owner Darden Restaurants DRI.N down 1.8% at $184.80 premarket

Co misses Q3 same-store sales and net sales estimates, according to data compiled by LSEG

Also narrowed annual profit forecast, whose midpoint is slightly below prior forecast

Co maintains annual total sales and same-store sales forecasts; Q3 adjusted profit narrowly beat estimates

Says $548 million remaining under current $1 billion repurchase authorization at Q3 end

DRI rose 13.6% in 2024, and was up ~1% YTD, as of last close