Darden Q4 adj EPS $2.98 beats; dividend +7.1% to $1.50; $1B buyback; Olive Garden pres transition

DARDEN RESTAURANTS INC

2025-FY EPS reported $8.86 vs consensus $2.12 ▲ beat (+317.2%)

Q4 total sales $3.3B (+10.6%); diluted adj EPS $2.98 (+12.5%), above expectations.
FY2025 adj EPS $9.55 (+7.5%); FY2026 EPS outlook $10.50-$10.70 on 7-8% sales growth.
Quarterly dividend increased 7.1% to $1.50/sh, payable Aug 1, record July 10.
Board authorized new $1B share repurchase program; replaced prior authorization.
Dan Kiernan (Olive Garden Pres) retiring Aug 31; John Wilkerson to succeed Sept 1.

item 2.02 item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

John Wilkerson

President, Olive Garden

DRI · DARDEN RESTAURANTS INC

Effective: 2025-09-01
Filed: June 20, 2025, 7:59 PM ET

the Company’s Board of Directors approved the appointment of John Wilkerson, currently the Company’s President, Cheddar’s Scratch Kitchen, to the office of President, Olive Garden, effective September 1, 2025.

Departed

Dan Kiernan

President, Olive Garden

DRI · DARDEN RESTAURANTS INC

Effective: 2025-08-31
Successor: John Wilkerson
Filed: June 20, 2025, 7:59 PM ET

Dan Kiernan, the Company’s President, Olive Garden, notified the Company of his intent to retire.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

John Wilkerson was appointed as President, Olive Garden at DARDEN RESTAURANTS INC.

Action: appointed
Role: President, Olive Garden

Exact text from the filing

the Company’s Board of Directors approved the appointment of John Wilkerson, currently the Company’s President, Cheddar’s Scratch Kitchen, to the office of President, Olive Garden, effective September 1, 2025.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Dan Kiernan retired as President, Olive Garden at DARDEN RESTAURANTS INC.

Action: retired
Role: President, Olive Garden

Exact text from the filing

Dan Kiernan, the Company’s President, Olive Garden, notified the Company of his intent to retire.

View on SEC.gov

DARDEN RESTAURANTS INC filing history →

Source: SEC EDGAR

accession 0000940944-25-000028

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