Darden Restaurants Reports Fiscal 2019 Fourth Quarter and Full Year Results; Increases Quarterly Dividend 17% to $0.88; And Provides Fiscal 2020 Outlook

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Go back to Darden Restaurants Reports Fiscal 2019 Fourth Quarter and Full Year Results; Increases Quarterly Dividend 17% to $0.88; And Provides Fiscal 2020 Outlook

Darden Restaurants (DRI) Tops Q4 EPS by 4c, Revenues Miss, Comp. Sales Up 1.6%; Offers FY20 EPS Guidance Below Consensus

June 20, 2019 7:04 AM EDT

Darden Restaurants (NYSE: DRI) reported Q4 EPS of $1.76, $0.04 better than the analyst estimate of $1.72. Revenue for the quarter came in at $2.23 billion versus the consensus estimate of $2.24 billion.

Total sales increased 4.5% to $2.23 billion driven by the addition of 39 net new restaurants and a blended... More