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Darden Restaurants Reports Fiscal 2020 First Quarter Results

Darden Restaurants, Inc., today reported its financial results for the first quarter ended August 25, 2019.

First Quarter 2020 Financial Highlights, Comparisons Versus Same Fiscal Quarter Last Year

Total sales increased 3.5% to $2.13 billion driven by the addition of 40 net new restaurants and a blended same-restaurant sales increase of 0.9%
Same-restaurant sales by brand...

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Sep 19 9:26 AM, General News



Darden Restaurants Reports Fiscal 2019 Fourth Quarter and Full Year Results

Darden Restaurants, Inc., (NYSE: DRI) today reported its financial results for the fourth quarter and fiscal year ended May 26, 2019.

Fourth Quarter 2019 Financial Highlights, Comparisons Versus Same Fiscal Quarter Last Year

  • Total sales increased 4.5% to $2.23 billion driven by the addition of 39 net new restaurants and a blended same-restaurant sales increase of 1.6%
  • Reported diluted net earnings per share from continuing operations increased 19.3% to $1.67
  • Adjusted diluted net earnings per share from continuing operations increased 26.6% to $1.76 after excluding approximately $0.09 of a non-cash charge related to restaurant asset impairments
  • The Company repurchased approximately $42 million of...
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Jun 21 8:23 AM, General News




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