earnings
confidence high
sentiment neutral
materiality 0.65
Darden Q1 FY2025 EPS $1.75 adj, sales $2.76B, reiterates FY2025 outlook
DARDEN RESTAURANTS INC
2025-Q1 EPS reported
$1.74
revenue$2,757,000,000
- Reported diluted EPS $1.74; adjusted EPS $1.75 (excl. $0.01 Chuy's costs), down 1.7% YoY.
- Blended same-restaurant sales -1.1%; Olive Garden -2.9%, LongHorn +3.7%, Fine Dining -6.0%.
- Total sales $2.76B (+1.0%); segment profit: Olive Garden $249M, LongHorn $127.6M, Fine Dining $37.6M.
- Board declared $1.40/share quarterly dividend (payable Nov 1); repurchased $172M in shares during Q1.
- Reiterated FY2025 EPS guidance $9.40-$9.60 (excl. Chuy's); CFO cites sales trend improvement after July softness.