secwatch.observer — SEC 8-K summary
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Issuer:     DARDEN RESTAURANTS INC (DRI)
CIK:        0000940944
Form:       8-K
Filed at:   2025-06-20T23:59:59+00:00
Accession:  0000940944-25-000028
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/940944/000094094425000028/0000940944-25-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/940944/000094094425000028/dri-20250613.htm
  HTML page:      https://secwatch.observer/filing/0000940944-25-000028

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