Darden Restaurants Reports Fiscal 2024 Third Quarter Results; Declares Quarterly Dividend; Authorizes New $1 Billion Share Repurchase Program; And Updates Fiscal 2024 Financial Outlook
Darden Restaurants, Inc. (DRI)
Last darden restaurants, inc. earnings: 3/19 07:00 am
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US:NYSE Investor Relations:
investor.darden.com/investors/investor-relations/default.aspx
Company Research
Source: PR Newswire
ORLANDO, Fla., March 21, 2024 /PRNewswire/ -- Darden Restaurants, Inc. (NYSE:DRI) today reported its financial results for the third quarter ended February 25, 2024.Third Quarter 2024 Financial Highlights, Comparisons Versus Same Fiscal Quarter Last YearTotal sales increased 6.8% to $3.0 billion, driven by sales from the addition of 79 company-owned Ruth's Chris Steak House (Ruth's Chris) restaurants and 53 other net new restaurants, partially offset by a blended same-restaurant sales* decrease of (1.0)%Same-restaurant sales:Consolidated Darden*(1.0) %Olive Garden(1.8) %LongHorn Steakhouse2.3 %Fine Dining*(2.3) %Other Business(2.6) %Reported diluted net earnings per share from continuing operations were $2.60Excluding $0.02 of Ruth's Chris transaction and integration related costs, adjusted diluted net earnings per share from continuing operations were $2.62, an increase of 12.0%**The Company repurchased $33 million of its outstanding common stock* Will not include Ruth's Chris Steak
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News
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DRI
Earnings
- 3/21/24 - Miss
DRI
Sec Filings
- 4/26/24 - Form 4
- 4/25/24 - Form 144
- 4/9/24 - Form 4
- DRI's page on the SEC website