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Darden Restaurants Inc (DRI.N)

DRI.N on New York Stock Exchange

94.32USD
18 Jun 2018
Change (% chg)

$0.22 (+0.23%)
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Latest Key Developments (Source: Significant Developments)

Darden Restaurants Names Dave George Chief Operating Officer​
Monday, 22 Jan 2018 

Jan 22 (Reuters) - Darden Restaurants Inc ::DARDEN RESTAURANTS INC - ‍ANNOUNCED APPOINTMENT OF DAVE GEORGE AS EXECUTIVE VICE PRESIDENT AND CHIEF OPERATING OFFICER​.DARDEN RESTAURANTS INC - ‍DAN KIERNAN HAS BEEN NAMED PRESIDENT, OLIVE GARDEN, EFFECTIVE IMMEDIATELY​.  Full Article

Darden Restaurants Increases Fiscal 2018 Financial Outlook
Monday, 8 Jan 2018 

Jan 8 (Reuters) - Darden Restaurants Inc ::REASES FISCAL 2018 FINANCIAL OUTLOOK.SEES FY 2018 ADJUSTED EARNINGS PER SHARE $4.70 TO $4.78 FROM CONTINUING OPERATIONS.ESTIMATES IT WILL RECORD NON-CASH NET TAX BENEFITS OF ABOUT $0.56/SHARE, RELATED TO REVALUATION OF DEFERRED TAX ITEMS IN 2018.SEES 2018 SAME-RESTAURANT SALES GROWTH OF ABOUT 2 PERCENT.SEES 2018 TOTAL SALES GROWTH OF ABOUT 13 PERCENT.FY2018 EARNINGS PER SHARE VIEW $4.59, REVENUE VIEW $8.09 BILLION -- THOMSON REUTERS I/B/E/S.2018 ADJUSTED EPS OUTLOOK INCLUDES PLANS TO MAKE AN INVESTMENT OF ABOUT $20 MILLION IN WORKFORCE DURING THE YEAR.  Full Article

Darden Restaurants Reports Q2 Adjusted EPS $0.73 From Continuing Operations
Tuesday, 19 Dec 2017 

Dec 19 (Reuters) - Darden Restaurants Inc ::DARDEN RESTAURANTS REPORTS FISCAL 2018 SECOND QUARTER RESULTS; SECOND QUARTER SAME-RESTAURANT SALES GROWTH OF 3.1%; AND INCREASES FINANCIAL OUTLOOK FOR THE FULL FISCAL YEAR.Q2 SALES $1.88 BILLION VERSUS I/B/E/S VIEW $1.85 BILLION.Q2 ADJUSTED EARNINGS PER SHARE $0.73 FROM CONTINUING OPERATIONS.Q2 EARNINGS PER SHARE VIEW $0.70 -- THOMSON REUTERS I/B/E/S.QTRLY ‍REPORTED DILUTED NET EARNINGS PER SHARE FROM CONTINUING OPERATIONS INCREASED 10.9% TO $0.71​.- QTRLY OLIVE GARDEN SALES $951.6 MILLION VERSUS $915.0 MILLION.QTRLY ‍SAME-RESTAURANT SALES FOR OLIVE GARDEN WERE UP 3.0%​.QTRLY ‍SAME-RESTAURANT SALES FOR CHEDDAR'S SCRATCH KITCHEN WERE DOWN 2.0%​.SEES FISCAL 2018 SAME-RESTAURANT SALES GROWTH OF APPROX 2%.SEES FISCAL 2018 TOTAL SALES GROWTH OF APPROX. 13%.QTRLY ‍BLENDED SAME-RESTAURANT SALES FROM DARDEN'S LEGACY BRANDS INCREASED 3.1%​.SEES FISCAL 2018 ADJUSTED DILUTED NET EPS FROM CONTINUING OPERATIONS $4.45 TO $4.53.FY2018 EARNINGS PER SHARE VIEW $4.44, REVENUE VIEW $8.04 BILLION -- THOMSON REUTERS I/B/E/S.QTRLY ‍SHR WAS NEGATIVELY IMPACTED BY APPROXIMATELY $0.02 RELATED TO CHEDDAR'S SCRATCH KITCHEN INTEGRATION EXPENSES​.  Full Article

Four Corners Property Trust Acquires Longhorn Steakhouse Restaurant Property For $1.5 Mln
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - Four Corners Property Trust Inc ::FCPT ANNOUNCES ACQUISITION OF LONGHORN STEAKHOUSE RESTAURANT PROPERTY FOR $1.5 MILLION.  Full Article

Darden Restaurants entered into a $750 million revolving credit agreement
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Darden Restaurants Inc :Darden Restaurants says ‍on oct 27, co entered into a $750 million revolving credit agreement - SEC filing​.‍Credit agreement contains a sublimit of $150 million for issuance of letters of credit​.‍Credit agreement matures on October 27, 2022, and proceeds may be used for working capital and capital expenditures​.  Full Article

Darden Restaurants files for shelf offering of debt securities - SEC filing
Thursday, 6 Oct 2016 

Darden Restaurants Inc :Darden Restaurants Inc files for shelf offering of debt securities; size not disclosed - SEC filing.  Full Article

Darden Restaurants reports Q4 earnings per share of $1.09
Thursday, 30 Jun 2016 

Darden Restaurants Reports Fiscal 2016 Fourth Quarter And Full Year Results; Reports Positive Same : Sees 2017 same-restaurant sales growth of 1.0% to 2.0% . Q4 earnings per share $1.10 from continuing operations . Qtrly olive garden total sales $981.8 million versus $1,037 million last year . Qtrly same-restaurant sales increased 1.7% on a fiscal calendar basis . Sees 2017 total capital spending of $310 to $350 million . Qtrly olive garden same-restaurant sales rose 1.6 percent . Sees board of directors increased quarterly dividend to $0 .56 per common share . Darden restaurants inc says new dividend represents a 12% increase over company's previous quarterly dividend of $0.50 . Fy2017 earnings per share view $3.99 -- Thomson Reuters I/B/E/S . Qtrly earnings per share $1.09 . Q4 earnings per share view $1.08 -- Thomson Reuters I/B/E/S . Restaurant sales for all brands; increases quarterly dividend; and provides fiscal 2017 outlook . Sees fy 2017 earnings per share $3.80 to $3.90 .Q4 revenue $1.79 billion versus i/b/e/s view $1.81 billion.  Full Article

BRIEF-Darden Restaurants Q3 Sales $2.13 Bln Vs I/B/E/S View $2.14 Bln

* DARDEN RESTAURANTS REPORTS FISCAL 2018 THIRD QUARTER RESULTS AND INCREASES FINANCIAL OUTLOOK FOR THE FULL FISCAL YEAR