December 18, 2018
Darden Restaurants Reports Fiscal 2019 Second Quarter Results and Increases Financial Outlook For The Full Fiscal Year
Darden Restaurants, Inc., (NYSE: DRI) today reported its financial results for the second quarter ended November 25, 2018. Second Quarter 2019 Financial Highlights, Comparisons Versus Same Fiscal Quarter Last Year Total sales increased 4.9% to $1.97 billion driven by the addition of 40 net new restaurants and a blended same-restaurant sales increase of 2.1% Same-restaurant sales by brand:
+3.5% for Olive Garden -4.0% for Cheddar's Scratch Kitchen
+2.9% for LongHorn Steakhouse -1.1% for Yard House
+3.7% for The Capital Grille -0.8% for Seasons 52
+0.9% for Eddie V's -1.1% for Bahama Breeze Reported diluted net earnings per share from continuing operations increased 29.6% to $0.92 and increased 26.0% from last year's adjusted diluted net earnings per share* The Company repurchased approximately $61 million of its outstanding common stock * See "Non-GAAP Information" below for more details "We had another quarter of strong and steady performance by continuing...
December 12, 2018
Darden Restaurants' Board Declares Regular Quarterly Dividend
The Board of Directors of Darden Restaurants, Inc., (NYSE: DRI) declared a regular quarterly cash dividend of $0.75 per share on the Company's outstanding common stock. The dividend is payable on February 1, 2019 to shareholders of record at the close of business on January 10, 2019. About Darden Darden is a restaurant company featuring a portfolio of differentiated brands that include Olive Garden, LongHorn Steakhouse, Cheddar's Scratch Kitchen, Yard House, The Capital Grille, Seasons 52, Bahama Breeze and Eddie V's. Our people equal our success, and we are proud to employ 180,000 team members in more than 1,700 restaurants. Together, we create memorable experiences for nearly 390 million guests each year in communities across North America. For more information, please visit www.darden.com. View original content: http://www.prnewswire.com/news-releases/darden-restaurants-board-declares-regular-quarterly-dividend-300764481.html SOURCE Darden Restaurants, Inc....
November 27, 2018
Darden Restaurants To Host Fiscal 2019 Second Quarter Conference Call On December 18
Darden Restaurants, Inc., (NYSE: DRI) plans to release its fiscal 2019 second quarter financial results before the market opens on Tuesday, December 18, 2018, with a conference call to follow at 8:30 am ET. Gene Lee, CEO, and other senior management will discuss second 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 2019 Second Quarter Earnings Conference Call When: 8:30 am ET, Tuesday, December 18, 2018 Where: https://www.webcaster4.com/Webcast/Page/1007/28506 How: Live over the Internet – Simply log on to the web at the address above or, to access via the telephone, dial 1-888-396-9924 and enter passcode 3047110 to join the call. About Darden Darden is a restaurant company featuring a portfolio of differentiated brands that include Olive Garden, LongHorn Steakhouse, Cheddar's Scratch Kitchen, Yard House, The Capital Grille, Seasons...