October 4, 2016
Darden Restaurants Reports Fiscal 2017 First Quarter Results; Increases Earnings Outlook For The Full Fiscal Year; And Announces New Share Repurchase Authorization
Darden Restaurants, Inc., (NYSE:DRI) today reported its financial results for the first quarter ended August 28, 2016. First Quarter 2017 Financial Highlights Versus Same Fiscal Quarter Last Year Total sales from continuing operations increased 1.6% to $1.71 billion Reported diluted net earnings per share from continuing operations increased 39.7% to $0.88 and increased 29.4% from last year's adjusted diluted net earnings per share* The Company repurchased approximately $196 million of its outstanding common stock during the quarter Same-restaurant sales increased 1.3% for the quarter +2.0% for Olive Garden
-1.2% for The Capital Grille +0.0% for Yard House
+0.6% for LongHorn Steakhouse -1.7% for Eddie V's
+0.7% for Seasons 52 +3.9% for Bahama Breeze * See the "Non-GAAP Information" below for more details "I'm pleased with our performance during the quarter and the progress we made against our strategic initiatives," said CEO Gene Lee. "We continued to gain...
September 29, 2016
Darden Restaurants' Board Declares Regular Quarterly Dividend
The Board of Directors of Darden Restaurants, Inc. (NYSE: DRI) declared a regular quarterly cash dividend of $0.56 per share on the Company's outstanding common stock. The dividend is payable on November 1, 2016 to shareholders of record at the close of business on October 10, 2016 . About Darden Darden Restaurants, Inc., (NYSE: DRI) owns and operates more than 1,500 restaurants that generate $6.9 billion in annual sales. Headquartered in Orlando, Florida, and employing 150,000 people, Darden is recognized for a culture that rewards caring for and responding to people. Our restaurant brands - Olive Garden, LongHorn Steakhouse, Bahama Breeze, Seasons 52, The Capital Grille, Eddie V's and Yard House - reflect the rich diversity of those who dine with us. Our brands are built on deep insights into what our guests want. For more information, please visit www.darden.com. Logo - http://photos.prnewswire.com/prnh/20050203/FLTH026LOGO To view the original version on PR Newswire, visit:...
September 12, 2016
Darden Restaurants To Host Fiscal 2017 First Quarter Earnings Conference Call On October 4, 2016
Darden Restaurants, Inc., (NYSE:DRI) plans to release its fiscal 2017 first quarter financial results before the market opens on Tuesday, October 4, 2016 , with a conference call to follow at 8:30 am ET . Gene Lee , CEO, and other senior management will discuss first quarter results and conduct a question and answer session. For those who cannot listen to the live broadcast, a replay will be available shortly after the call. What: Darden Restaurants, Inc. Fiscal 2017 First Quarter Earnings Conference Call When: 8:30 am ET, Tuesday, October 4, 2016 Where: https://www.webcaster4.com/Webcast/Page/1007/16908 How: Live over the Internet – Simply log on to the web at the address above or, to access via the telephone, dial 1-800-779-9102 and enter passcode 3833399 to join the call. About Darden Darden Restaurants, Inc., (NYSE: DRI), owns and operates more than 1,500 restaurants that generate $6.9 billion in annual sales. Headquartered in Orlando, Florida, and employing 150,000 people,...