AI brief of an SEC Form 8-K · Darden Restaurants (DRI)

Darden Restaurants Q4 sales up 6.8% to $3.0 billion; FY2025 EPS outlook $9.40-$9.60

Positive Impact 3 of 5 earnings Written later

Darden reported fiscal fourth-quarter 2024 sales of $2,957.3 million, up 6.8%, with reported diluted earnings per share from continuing operations flat at $2.58 and adjusted EPS of $2.65, up 2.7%. The company also gave a fiscal 2025 outlook of $9.40 to $9.60 diluted EPS from continuing operations and raised its quarterly dividend by 6.9%.

Key points

  • Q4 fiscal 2024 sales rose 6.8% to $2,957.3 million; consolidated same-restaurant sales were flat at 0.0%
  • Reported diluted EPS from continuing operations was $2.58, unchanged from a year earlier; adjusted EPS was $2.65, up 2.7%, excluding $0.07 of Ruth's Chris transaction and integration costs
  • Fiscal 2025 outlook: total sales of $11.8 to $11.9 billion and diluted EPS from continuing operations of $9.40 to $9.60
  • Quarterly dividend raised 6.9% to $1.40 per share, payable August 1, 2024; bylaws amended June 18, 2024 to replace Chairman and Committee Chairman titles with Chair

The filing

CompanyDarden Restaurants (DRI)
Form8-K, current report
Filed with the SECJun 20, 2024, 7:05 AM ET
Accession number0000940944-24-000026

Items reported: 2.02 Results of Operations5.03 Bylaw / Charter Amendment

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:10 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 20, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.