Darden Restaurants (DRI) PT Raised to $192 at Citi

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Darden Restaurants Reports Fiscal 2024 Fourth Quarter and Full Year Results; Increases Quarterly Dividend; And Provides Fiscal 2025 Outlook

June 20, 2024 7:00 AM EDT

ORLANDO, Fla., June 20, 2024 /PRNewswire/ -- Darden Restaurants, Inc. (NYSE: DRI) today reported its financial results for the fourth quarter and fiscal year ended May 26, 2024.

Fourth Quarter 2024 Financial Highlights

Total sales increased 6.8% to $3.0 billion driven by sales from the addition of 80 company-owned Ruth's Chris Steak House (Ruth's Chris) restaurants and 37 other net new restaurantsSame-restaurant... More