secwatch.observer — SEC 8-K summary
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Issuer:     DARDEN RESTAURANTS INC (DRI)
CIK:        0000940944
Form:       8-K
Filed at:   2022-12-16T23:59:59+00:00
Accession:  0000940944-22-000077
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Darden Q2 sales up 9.4% to $2.49B; EPS $1.52; updates FY23 outlook $7.60-$8.00
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- Total sales $2.49B (+9.4%); blended same-restaurant sales +7.3%.
- Reported diluted EPS $1.52 (+2.7% vs. $1.48 prior year).
- Olive Garden segment profit $218.9M, down from $235.1M; LongHorn profit up.
- Quarterly dividend $1.21 per share, payable Feb 1, 2023; $100M share repurchase in Q2.
- FY23 guidance: sales $10.3-10.45B, EPS $7.60-$8.00, 55-60 new restaurants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/940944/000094094422000077/0000940944-22-000077-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/940944/000094094422000077/dri-20221216.htm
  HTML page:      https://secwatch.observer/filing/0000940944-22-000077

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