---
schema_version: "secwatch.filing_event.v1"
accession: "0000940944-22-000047"
form_type: "8-K"
ticker: "DRI"
cik: "0000940944"
company_name: "DARDEN RESTAURANTS INC"
filed_at: "2022-09-22T23:59:59+00:00"
generated_at: "2026-06-23T08:11:45.707942+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Darden Q1 EPS falls to $1.56 from $1.76; revenue up 6.1% to $2.4B; reaffirms FY2023 outlook

## Summary
- Diluted EPS of $1.56 vs $1.76 a year ago; revenue $2.4B (+6.1%).
- Blended same-restaurant sales +4.2%; Olive Garden +2.3%, LongHorn +4.2%.
- Board declared quarterly dividend of $1.21/share, payable Nov 1 to holders of record Oct 10.
- Repurchased ~1.7M shares for $199M; $912M remains under $1B authorization.
- Reaffirmed FY2023 outlook: sales $10.2-10.4B, EPS $7.40-8.00, 55-60 new restaurants.

## SEC filing metadata
- accession: 0000940944-22-000047
- form_type: 8-K
- ticker: DRI
- cik: 0000940944
- company_name: DARDEN RESTAURANTS INC
- filed_at: 2022-09-22T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/940944/000094094422000047/0000940944-22-000047-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/940944/000094094422000047/dri-20220922.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000940944-22-000047
- JSON: https://secwatch.observer/filing/0000940944-22-000047.json
- Plain text: https://secwatch.observer/filing/0000940944-22-000047.txt

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