Before the bell, shares had slipped 3.2% to $47.93.
Over the three months to May, the company earned 65 cents a share and generated sales of $1.65 billion. Analysts surveyed by Thomson Reuters forecast 94 cents a share and $2.33 billion.
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Separately, TheStreet Ratings team rates DARDEN RESTAURANTS INC as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:
"We rate DARDEN RESTAURANTS INC (DRI) a BUY. This is driven by a few notable strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. Among the primary strengths of the company is its reasonable valuation levels, considering its current price compared to earnings, book value and other measures. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share."
- You can view the full analysis from the report here: DRI Ratings Report