Darden Q4 Earnings Jump to $3.54/Share, Revenue Up 13.5%; Issues Strong FY27 Guidance
DRI sits 22% above its 52-week low of $169 on elevated volume (2.0× avg).
Summary
Darden Restaurants reported strong Q4 results, with earnings per share rising to $3.54 and revenue increasing 13.5% to $3.71 billion. The company also provided an optimistic FY27 outlook, forecasting sales between $13.60 billion and $13.75 billion and diluted EPS of $11.10 to $11.35. This detailed financial report provides the specific numbers underpinning the Q4 results announced earlier today, which also included an 8% dividend hike and a new $1.5 billion share buyback. The solid performance and forward guidance are significant for the company's valuation and future prospects.
At the time of this announcement, DRI was trading at $207.00 on NYSE in the Trade & Services sector, with a market capitalization of approximately $24.4B. The 52-week trading range was $169.00 to $224.94. This news item was assessed with positive market sentiment and an importance score of 9 out of 10. Source: dpa-AFX.