Darden Restaurants Raises Minimum Wage to $10 Per Hour After Earnings Beat

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Darden Restaurants(NYSE: DRI) fiscal third-quarter results were as ugly as you might expect for a restaurant operator still reeling from the COVID-19 pandemic, but the Olive Garden owner was able to beat expectations and offer up a hopeful note that business will get better.

It said it was giving its hourly workers a one-time bonus, raising their starting pay, and launching a new stock buyback program.

Image source: Getty Images.

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