secwatch.observer — SEC 8-K summary
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Issuer:     DARDEN RESTAURANTS INC (DRI)
CIK:        0000940944
Form:       8-K
Filed at:   2024-12-19T23:59:59+00:00
Accession:  0000940944-24-000078
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Darden Q2 FY2025 EPS $2.03 adj (up 10.3%); sales $2.9B (+6%); declares $1.40 dividend
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- Total sales $2.9B, up 6.0% YoY; blended same-restaurant sales +2.4%; LongHorn +7.5%, Fine Dining -5.8%.
- Reported diluted EPS $1.82; adjusted EPS $2.03 (excl. $0.21 Chuy's costs), up 10.3% YoY.
- Board declares quarterly dividend $1.40/share, payable Feb 3, 2025 to holders of record Jan 10.
- Repurchased $142M of stock in Q2; $601M remaining under $1B buyback authorization.
- Updated FY2025 outlook: sales ~$12.1B, same-restaurant sales ~1.5%, adj. EPS $9.40-$9.60.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/940944/000094094424000078/0000940944-24-000078-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/940944/000094094424000078/dri-20241219.htm
  HTML page:      https://secwatch.observer/filing/0000940944-24-000078

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