December 19, 2019
Darden Restaurants Reports Fiscal 2020 Second Quarter Results; Declares Regular Quarterly Dividend; And Reaffirms Financial Outlook For The Full Fiscal Year
Darden Restaurants, Inc., (NYSE:DRI) today reported its financial results for the second quarter ended November 24, 2019. Second Quarter 2020 Financial Highlights, Comparisons Versus Same Fiscal Quarter Last Year Total sales increased 4.2% to $2.06 billion driven by the addition of 37 net new restaurants and a blended same-restaurant sales increase of 2.0% Same-restaurant sales by brand:
+1.5% for Olive Garden -1.2% for Cheddar's Scratch Kitchen
+6.7% for LongHorn Steakhouse +0.7% for Yard House
+1.8% for The Capital Grille -3.5% for Seasons 52
+0.5% for Eddie V's -3.4% for Bahama Breeze Reported diluted net earnings per share from continuing operations decreased 77.2% to $0.21 compared to last year's reported diluted net earnings per share Adjusted diluted net earnings per share from continuing operations increased 21.7% to $1.12 compared to last year's reported diluted net earnings per share, after excluding $0.91 of adjustments primarily related to the...
November 22, 2019
Darden Restaurants to Host Fiscal 2020 Second Quarter Conference Call on December 19
Darden Restaurants, Inc., (NYSE:DRI) plans to release its fiscal 2020 second quarter financial results before the market opens on Thursday, December 19, 2019, 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 2020 Second Quarter Earnings Conference Call When: 8:30 am ET, Thursday, December 19, 2019 Where: https://www.webcaster4.com/Webcast/Page/1007/32441 How: Live over the Internet – Simply log on to the web at the address above or, to access via the telephone, please dial 1-833-470-0145 and provide the conference passcode 2499409. 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,...
September 19, 2019
Darden Restaurants Reports Fiscal 2020 First Quarter Results; Declares Regular Quarterly Dividend; Authorizes New $500 Million Share Repurchase Program; And Reaffirms Financial Outlook For The Full Fiscal Year
Darden Restaurants, Inc., (NYSE: DRI) today reported its financial results for the first quarter ended August 25, 2019. First Quarter 2020 Financial Highlights, Comparisons Versus Same Fiscal Quarter Last Year Total sales increased 3.5% to $2.13 billion driven by the addition of 40 net new restaurants and a blended same-restaurant sales increase of 0.9% Same-restaurant sales by brand:
+2.2% for Olive Garden -5.4% for Cheddar's Scratch Kitchen
+2.6% for LongHorn Steakhouse -1.9% for Yard House
+1.5% for The Capital Grille -4.2% for Seasons 52
+1.2% for Eddie V's -4.2% for Bahama Breeze Reported diluted net earnings per share from continuing operations increased 3.0% to $1.38 compared to last year's diluted net earnings per share The Company repurchased approximately $95 million of its outstanding common stock "I'm pleased with our results this quarter as we continued to gain market share," said CEO Gene...