Darden Restaurants (DRI) Tops Q1 EPS by 6c; Boosts FY17 EPS Outlook; $500M Stock Buyback Approved
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- Tech stocks pull Wall Street lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
Darden Restaurants Reports Fiscal 2017 First Quarter Results; Increases Earnings Outlook For The Full Fiscal Year; And Announces New Share Repurchase Authorization
October 4, 2016 7:00 AM EDTORLANDO, Fla., Oct. 4, 2016 /PRNewswire/ -- Darden Restaurants, Inc., (NYSE: DRI) today reported its financial results for the first quarter ended August 28, 2016.
First Quarter 2017 Financial Highlights Versus Same Fiscal Quarter Last Year
Total sales from continuing operations increased 1.6% to $1.71 billion Reported diluted net earnings per share from continuing operations increased 39.7% to $0.88 and increased 29.4% from last year's adjusted diluted net earnings per share* The Company repurchased approximately $196 million of its outstanding common stock during the quarter Same-restaurant sales increased 1.3% for the... More