Darden Restaurants (DRI) Lowers Quarterly Dividend 9.1% to $0.50; $500M Buyback
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Darden Restaurants Reports Fiscal 2016 Second Quarter Results; Reports Positive Same-Restaurant Sales At All Brands; Increases Same-Restaurant Sales And Earnings Outlook For The Full Fiscal Year; Decl
December 18, 2015 7:00 AM ESTORLANDO, Fla., Dec. 18, 2015 /PRNewswire/ -- Darden Restaurants, Inc., (NYSE: DRI) today reported its financial results for the second quarter ended November 29, 2015.
Second Quarter 2016 Financial Highlights Versus Same Fiscal Quarter Last Year
Total sales from continuing operations increased 3.2% to $1.61 billion Adjusted diluted net earnings per share from continuing operations increased 92.9% to $0.54* On a reported basis, diluted net earnings per share from continuing operations were $0.23 and were negatively impacted by approximately $0.31, primarily related to the implementation of the Company's strategic real estate plan Same-restaurant sales increased 1.6% for the fiscal... More