Darden Restaurants (DRI) Tops Q1 EPS by 2c, Reaffirms FY Guidance

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Darden Restaurants Reports Fiscal 2020 First Quarter Results; Declares Regular Quarterly Dividend; Authorizes New $500 Million Share Repurchase Program; And Reaffirms Financial Outlook For The Full Fi

September 19, 2019 7:00 AM EDT

ORLANDO, Fla., Sept. 19, 2019 /PRNewswire/ -- Darden Restaurants, Inc., (NYSE: DRI) today reported its financial results for the first quarter ended August 25, 2019.

First Quarter 2020 Financial Highlights, Comparisons Versus Same Fiscal Quarter Last Year

Total sales increased 3.5% to $2.13 billion driven by the addition of 40 net new restaurants and a blended same-restaurant sales increase of 0.9% Same-restaurant sales by brand:... More