Darden Q2 sales $2.7B +9.7%, adj. EPS $1.84 +21.1%, declares $1.31 dividend

DARDEN RESTAURANTS INC

2024-Q2 EPS reported $3.35 revenue$5,457,900,000

Total sales increased 9.7% to $2.7B; blended same-restaurant sales +2.8%; reported diluted EPS $1.76, adjusted $1.84 (+21.1% YoY).
Olive Garden same-store sales +4.1%, LongHorn +4.9%; Fine Dining -1.7% (excluding Ruth's Chris).
Board declared quarterly dividend $1.31/share, payable Feb 1, 2024 to holders of record Jan 10, 2024.
Repurchased $181M of common stock in Q2; $328M remaining under $1B repurchase authorization.
Updated FY2024 outlook: total sales ~$11.5B, same-store sales growth 2.5%-3.0%, adjusted EPS $8.75-$8.90.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

DARDEN RESTAURANTS INC reported the second quarter ended November 26, 2023 results: revenue $2.7 billion, EPS $1.76.

Period: the second quarter ended November 26, 2023
Revenue: $2.7 billion
EPS: $1.76
Result: reported results

Exact text from the filing

Second Quarter 2024 Financial Highlights, Comparisons Versus Same Fiscal Quarter Last Year • Total sales increased 9.7% to $2.7 billion

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44 earnings releases filed in the last 30 days. Browse all earnings releases →

DARDEN RESTAURANTS INC filing history →

Source: SEC EDGAR

accession 0000940944-23-000071

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