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
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