Darden Restaurants (DRI) Tops Q4 EPS by 4c, Revenues In-Line; Offers FY19 EPS Mid-Point Outlook Above Consensus

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Darden Restaurants Reports Fiscal 2018 Fourth Quarter and Full Year Results; Fourth Quarter Same-Restaurant Sales Growth of 2.2%; Increases Quarterly Dividend 19% to $0.75; And Provides Fiscal 2019 Ou

June 21, 2018 7:00 AM EDT

ORLANDO, Fla., June 21, 2018 /PRNewswire/ -- Darden Restaurants, Inc., (NYSE: DRI) today reported its financial results for the fourth quarter and fiscal year ended May 27, 2018.

Fourth Quarter 2018 Financial Highlights Versus Same Fiscal Quarter Last Year

Total sales from continuing operations increased 10.3% to $2.13 billion Blended same-restaurant sales from Darden's legacy brands increased 2.2%

 

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