---
schema_version: "secwatch.filing_event.v1"
accession: "0000940944-22-000032"
form_type: "8-K"
ticker: "DRI"
cik: "0000940944"
company_name: "DARDEN RESTAURANTS INC"
filed_at: "2022-06-23T23:59:59+00:00"
generated_at: "2026-06-24T23:49:09.947913+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Darden Q4 sales up 14.2% to $2.6B; EPS $2.24; dividend raised 10%; new $1B buyback; FY23 EPS guidance $7.40-$8.00

## Summary
- Total sales $2.60B (+14.2%); same-restaurant sales +11.7%: Olive Garden +6.5%, LongHorn +10.6%, Fine Dining +34.5%.
- Reported diluted EPS $2.24 (vs $2.79 prior year); net earnings $282M; EBITDA $431M.
- Quarterly dividend increased 10% to $1.21/share, payable Aug 1, 2022 to holders of record July 8, 2022.
- Board authorized new $1B share repurchase program (no expiration); Q4 repurchases $237M (1.8M shares).
- FY2023 outlook: total sales $10.2-$10.4B, same-store sales +4-6%, diluted EPS $7.40-$8.00, inflation ~6%, 55-60 new restaurants.

## SEC filing metadata
- accession: 0000940944-22-000032
- form_type: 8-K
- ticker: DRI
- cik: 0000940944
- company_name: DARDEN RESTAURANTS INC
- filed_at: 2022-06-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/940944/000094094422000032/0000940944-22-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/940944/000094094422000032/dri-20220623.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000940944-22-000032
- JSON: https://secwatch.observer/filing/0000940944-22-000032.json
- Plain text: https://secwatch.observer/filing/0000940944-22-000032.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.