Darden Restaurants (DRI) Reports In-Line Q2 EPS; Reaffirms

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Darden Restaurants Reports Fiscal 2017 Second Quarter Results And Reaffirms Earnings Outlook For The Full Fiscal Year

December 20, 2016 7:00 AM EST

ORLANDO, Fla., Dec. 20, 2016 /PRNewswire/ -- Darden Restaurants, Inc., (NYSE: DRI) today reported its financial results for the second quarter ended November 27, 2016.

Second Quarter 2017 Financial Highlights Versus Same Fiscal Quarter Last Year

Total sales from continuing operations increased 2.1% to $1.64 billion Reported diluted net earnings per share from continuing operations increased 178.3% to $0.64 and increased 18.5% from last year's adjusted diluted net earnings per share* The Company repurchased approximately $19 million of its outstanding common stock during the quarter Same-restaurant sales increased 1.7% for the... More