Darden Restaurants (DRI) Tops Q4 EPS by 4c

Darden Restaurants (NYSE: DRI) reported Q4 EPS of $2.98, $0.04 better than the analyst estimate of $2.94. Revenue for the quarter came in at $3.3 billion versus the consensus estimate of $3.26 billion.

Fiscal 2026 Financial Outlook

• Below is the full year financial outlook for fiscal 2026, which includes a 53rd week. This outlook includes the impact of the additional week. We will provide more details during our investor conference call scheduled for this morning at 8:30 am ET.
• Total sales growth of 7% to 8%, including approximately 2% growth related to the 53rd week
• Same-restaurant sales4 growth of 2% to 3.5%
• New restaurant openings of 60 to 65
• Total capital spending of $700 to $750 million
• Total inflation of 2.5% to 3.0%
• An effective tax rate of approximately 13%
• Diluted net earnings per share from continuing operations of $10.50 to $10.70, including:
• Approximately $0.20 related to the addition of the 53rd week
• Approximately 117 million weighted average diluted shares outstanding

For earnings history and earnings-related data on Darden Restaurants (DRI) click here.

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