secwatch.observer — SEC 8-K summary
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Issuer:     DARDEN RESTAURANTS INC (DRI)
CIK:        0000940944
Form:       8-K
Filed at:   2023-09-21T23:59:59+00:00
Accession:  0000940944-23-000041
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Darden Q1 adj. EPS $1.78 +14.1%, sales $2.7B +11.6%, reiterates FY outlook, new board chair
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- Total sales $2.7B, +11.6% YoY; blended same-restaurant sales +5.0%.
- Adjusted diluted EPS $1.78, +14.1% YoY; reported EPS $1.60 (includes $0.18 Ruth's Chris costs).
- Reiterated FY2024 adjusted EPS outlook $8.55-$8.85.
- Board declared quarterly dividend $1.31/share, payable Nov 1.
- Board elected Cynthia Jamison as Chair, succeeding Eugene Lee.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/940944/000094094423000041/0000940944-23-000041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/940944/000094094423000041/dri-20230920.htm
  HTML page:      https://secwatch.observer/filing/0000940944-23-000041

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