Darden Restaurants (DRI) Reports In-Line Q1 EPS, Offers Guidance

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Darden Restaurants Reports Fiscal 2023 First Quarter Results; Declares Quarterly Dividend; And Reiterates Fiscal 2023 Financial Outlook

September 22, 2022 7:00 AM EDT

ORLANDO, Fla., Sept. 22, 2022 /PRNewswire/ -- Darden Restaurants, Inc. (NYSE: DRI) today reported its financial results for the first quarter ended August 28, 2022.

First Quarter 2023 Financial Highlights

Total sales increased 6.1% to $2.4 billion driven by a blended same-restaurant sales increase of 4.2% and sales from 34 net new restaurantsSame-restaurant sales:... More