Darden Restaurants (DRI) Tops Q1 EPS by 11c; Boosts FY16 EPS Outlook
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Darden Restaurants Reports Fiscal 2016 First Quarter Results; Same-restaurant Sales Increased 3.4%, All Brands Positive; Increases Earnings Outlook For The Full Fiscal Year
September 22, 2015 7:00 AM EDTORLANDO, Fla., Sept. 22, 2015 /PRNewswire/ -- Darden Restaurants, Inc., (NYSE: DRI) today reported its financial results for the first quarter ended August 30, 2015.
First Quarter 2016 Financial Highlights Versus Same Fiscal Quarter Last Year
Total sales from continuing operations increased 5.7% to $1.69 billion Adjusted earnings per diluted share from continuing operations increased 112.5% to $0.68* On a reported basis, earnings per diluted share from continuing operations were $0.63 and were negatively impacted by approximately $0.05 related to the ongoing implementation of the Company's strategic real estate plan Net earnings were $86.4... More