Send to a Friend Share

Darden (DRI) Reports Solid Q4 Results; Boosts Qtr. Dividend by 25% to $0.25; Guides FY10

June 23, 2009 4:32 PM EDT
DRI Hot Sheet
EPS Growth %: +15.7%

Financial Fact:
Depreciation and amortization: 88.9M

Today's EPS Names:
MLAB, ZLC, GILT, More
Darden Restaurants Inc. (NYSE: DRI) reports Q4 EPS of $0.90, 4 cents better than the analyst estimate of $0.86. Revenue for the quarter was $1.98 billion, versus the consensus of $1.98 billion.

Q4 combined comps fell 1.4%.

Raised the quarterly dividend by 25% to $0.25 per common share.

Sees FY10 EPS of $2.59-$2.85, versus the consensus of $2.91. Sees FY10 sales down 1% to up 1%.

Sees FY10 blended comp sales unchanged to down 2%.

You May Also Be Interested In


Related Categories

Dividends, Earnings, Guidance, Retail Sales

Related Entities

Dividend

Add Your Comment





Follow StreetInsider.com On Twitter