secwatch.observer — SEC 8-K summary
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Issuer:     DARDEN RESTAURANTS INC (DRI)
CIK:        0000940944
Form:       8-K
Filed at:   2021-12-17T23:59:59+00:00
Accession:  0000940944-21-000089
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Darden Restaurants Q2 sales up 37% to $2.27B; EPS $1.48; raises hourly min to $12; declares $1.10 dividend
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- Total sales $2.27B (+37% YoY); diluted EPS $1.48 vs $0.74; EBITDA $335M.
- Consolidated same-restaurant sales +34.4%; Fine Dining +61.6%, Olive Garden +29.3%.
- Board declared $1.10 quarterly dividend, payable Feb 1, 2022 to record Jan 10.
- Repurchased 1.8M shares for $266M; $761M remaining under buyback authorization.
- Updated FY2022 outlook: sales $9.55-9.70B, EPS $7.35-7.60, EBITDA $1.55-1.60B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/940944/000094094421000089/0000940944-21-000089-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/940944/000094094421000089/dri-20211217.htm
  HTML page:      https://secwatch.observer/filing/0000940944-21-000089

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer