Darden Restaurants (DRI) Raises Quarterly Dividend 25% to $1.10; 3.2% Yield

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Go back to Darden Restaurants (DRI) Raises Quarterly Dividend 25% to $1.10; 3.2% Yield

Darden Restaurants Reports Fiscal 2021 Fourth Quarter and Full Year Results; Increases Quarterly Dividend; And Provides Fiscal 2022 Outlook

June 24, 2021 7:00 AM EDT

ORLANDO, Fla., June 24, 2021 /PRNewswire/ -- Darden Restaurants, Inc. (NYSE: DRI) today reported its financial results for the fourth quarter and fiscal year ended May 30, 2021.

Fourth Quarter Financial Highlights, Comparisons to Fourth Quarter Last Year and Fourth Quarter Fiscal 2019

Total sales increased 79.5% to $2.28 billion driven by a blended same-restaurant sales increase of 90.4% and the addition of 30 net new restaurants, partially offset by one less week of operations this year Same-restaurant sales:

Same-restaurant... More