Darden Restaurants (DRI) Tops Q1 EPS by 5c

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Darden Restaurants Reports Fiscal 2024 First Quarter Results; Declares Quarterly Dividend; Reiterates Fiscal 2024 Outlook; And Announces Election of New Board Chair

September 21, 2023 7:00 AM EDT

ORLANDO, Fla., Sept. 21, 2023 /PRNewswire/ -- Darden Restaurants, Inc. (NYSE: DRI) today reported its financial results for the first quarter ended August 27, 2023.

First Quarter 2024 Financial Highlights, Comparisons Versus Same Fiscal Quarter Last Year

Total sales increased 11.6% to $2.7 billion, driven by a blended same-restaurant sales* increase of 5.0% and sales from the addition of 77 company-owned Ruth's Chris Steak House (Ruth's Chris) restaurants and 46 other net new... More